Rental Property Inspections[/caption] Real Property Management Phoenix Valley has been managing Phoenix rental homes for 14 years. Through our experience we have created the six successful steps of rental property inspections. We will share those steps with you in this blog. Step One: Review your lease agreement. Note how many occupants should be residing in the home. List the number of minors vs adults and if there are pets. Also, make note of the responsibilities. For example is the tenant responsible for the landscaping? Who is responsible for the appliances? Lastly note which appliances belong to you versus the tenants. All of these notes will make your rental property inspection move smoothly. Step Two: Use a dedicated inspection form. Break out the form by room and be sure to include the garage, front & back yards. The more detailed the form the more thorough the inspection will be. Step Three: If your tenant is home wear headphones. Don't let them distract you from the task at hand. Step Four: Complete the rental property inspection in an organized manor. In each room take pictures first and then stop to complete your form. This will help to make sure you don't miss anything. Step Five: Be mindful of things that might be strategically placed to make you miss things. For example, be sure to move a throw rug even if you just fold it in half because it may reveal stains on the carpet. Also, try to move back sheets that might be covering up windows because you may find broken blinds underneath. Step Six: Check ALL ceilings as they may reveal roof and/or plumbing leaks. Check and change air filters and/or smoke detector batteries if needed. Check the front AND back of all doors to look for any holes and to see what might be hiding behind the door on the paint and/or baseboard. For an example of an inspection form please listen to our podcast. https://youtu.be/ye9NmIGkWT8
By Lisa Borchard Sunday, January 26, 2020
Author
Lisa Borchard
President and Designated Broker
Lisa is the President and Designated Broker of Real Property Management Phoenix Valley. Her extensive experience spans residential lending, property management, real estate sales, and homeowner association management. She brings the same level of diligence, management, and commitment to her clients' investment properties as she does to her own residential rental properties.
Lisa is the President and Designated Broker of Real Property Management Phoenix Valley. Her extensive experience spans residential lending, property management, real estate sales, and homeowner association management. She brings the same level of diligence, management, and commitment to her clients' investment properties as she does to her own residential rental properties.