As a rental property owner in one of America's strongest housing markets, you have a prime opportunity. Strike while the iron is hot and secure a tenant for your rental. However, your job as a landlord is not done once your tenant moves in.
You must protect your real estate investment with routine inspections to avoid costly repairs and maintain property value. Learn about the benefits of property inspections and add them to your property management plan.
Reduce Liability
As a property owner, you are responsible for the safety of your property. Regular rental inspections ensure your property stays safe. That way, you can prevent injury to your tenants and their guests.
Focus on the exterior of the property and look for potential safety risks.
- Uneven walkways or cracked pavement
- Loose or broken railings
- Poor lighting
- Overgrown vegetation
- Slippery surfaces
- Damaged roofing or gutters
Prevent Costly Repairs
As a responsible rental property owner, you should practice consistent maintenance planning. Routine inspections should be part of your maintenance plan. During your inspection, look for repair and maintenance needs.
That way, you can catch minor issues early before they become major and expensive problems. Common issues to look for are structural damage, leaks, or routine wear and tear.
Follow Code Enforcement
You are responsible for your property's code compliance. Your local government will have regulations and codes that all properties must follow. These regulations ensure that buildings remain safe and functional.
Review Savannah, GA codes to learn what to look for during your property inspection. You may also receive a notice from local code enforcement if your rental property violates one or more codes.
Maintain Property Value
Like commercial property maintenance, routine maintenance is essential for protecting rental property value. Routine inspections are your chance to check property and building conditions.
During your inspection, look for ways to renovate, remodel, or upgrade your rental. By keeping it current with modern property trends, you will stay desirable to buyers, and when your property is in demand, it will command a higher selling price.
Lease Agreement Enforcement
Your lease terms should outline how the tenant must maintain the property. It should also include landlord inspections. As a party to the lease agreement, you have a right to perform property inspections under the lease.
During your inspection, you can confirm the tenant is maintaining the property. If you find the tenant is violating the lease, you can act quickly to correct the situation.
You can begin eviction proceedings if the tenant refuses to correct the issue.
Perform Routine Property Inspections
As a responsible landlord, you need to perform routine property inspections. They are essential for maintaining your rental, reducing liability, complying with code enforcement, and protecting property value. Routine checks help you prevent costly repairs, reducing your ownership costs.
PMI Savannah Metro offers top-notch property management services in Savannah, GA. With our expertise, you can enjoy stress-free property management, from routine inspections to handling tenant issues.
Trust PMI Savannah Metro to keep your property in top shape with routine inspections.
