Rental properties can be a solid investment. They require a lot of work and diligence though, including rental property inspections. These are important for staying on top of the property's condition and assessing whether any repairs, improvements, or services (like pest control) are needed.
Inspections should be done regularly, but how often? The answer depends on many different factors.
There are some basic guidelines you can follow, covered in the article below. These will ensure your investment is protected and your tenants remain happy. Keep reading to learn more.
Why Is Regular Inspection Important?
There are several reasons that regular rental property inspections are important. An obvious one is detecting any damage caused by occupants, but there are other reasons as well.
Doing regular checks can help identify regular wear and tear. It can help you better plan for repairs or improvements, even if they are not immediate. It also allows you to identify signs of infestations and stay on top of pest control.
Having a realistic picture of the current condition of your property is also good for tenant relations. It gives you a chance to discuss with them what repairs are needed or improvements they would like to see.
How Often Should You Perform Rental Inspections?
There is no single answer to this question. However, there are a few basic rules you should follow.
Don't Wait Until the End of the Lease Period
A simple rule is not to wait until just before a rental agreement expires to perform an inspection. If there are any scheduling disruptions, you could be pressed to get it done before the tenant departs.
Six Month Rule
Another good maxim is to schedule inspections at least every six months, depending on the lease period. If your client has a one-year lease, schedule an inspection halfway through.
Some landlords prefer to do quarterly inspections. More regular property maintenance lets them stay on top of any potential issues and ensures that the property is in the best possible living condition.
Be Respectful of Tenants
The key is balancing this with the potential of disrupting tenants unnecessarily. It is good practice to have occupants present when you do the inspections. This requires coordinating both parties' schedules, which can be a hassle.
Know the Law
Finally, you should check state and local laws regarding the frequency of inspection and giving proper notice to tenants. These might dictate a minimal duration and specify other regulations, such as what constitutes "excessive inspections."
For instance, Los Angeles County requires that you give at least 48 hours notice to tenants. There are no California state laws on how often a landlord is allowed to inspect a property. However, you do need to specify this in the lease agreement that you sign with the tenant.
Learn More About Guidelines for Rental Property Inspections
Now that you understand the value of rental property inspections and how often to conduct them, you can implement a schedule. An experienced property management company can further advise you on the best policies based on your real estate goals.
PMI Los Angeles is a full-service residential and commercial property management company. We offer a range of property services, including rental inspections, grounds maintenance, and more. Reach out to us today to schedule a free consultation with a property manager.
