Are you on the lookout for an investment property in Hooper, UT?
As a thriving town, it's a great place for living and establishing roots. You won't have trouble finding tenants. But before you do, you need to ensure that your rental property is in the best condition.
This is where rental property inspections come in. These are crucial to ensuring that your property is always in the right condition for your tenants.
Here's what you need to know about rental property inspection frequency:
Purpose of Rental Property Inspections
Why should you consider rental property inspections at all? It's one of your landlord duties to ensure that your tenants always live in a comfortable setting.
You can use inspections to fix any issues within the property. For example, you may want to inspect the following:
- Is the boiler leaking?
- Are all appliances working?
- Are any fixtures damaged?
- Is there any furniture damage?
- Are the tenants keeping the property clean?
These are a few examples of why you must consider property inspections. If you have responsible tenants, they'll also want you to conduct these inspections.
How Often Should You Have Rental Property Inspections?
Now let's look at what your rental property inspection frequency should be. If you offer your property for one year, you should have at least two inspections.
The first one can occur within six months of the tenants' stay. The second one can be held one or two months before the lease agreement ends.
You can also consider having an inspection once per quarter. Make sure you discuss this with your tenants beforehand. You should write a clause in your rental agreement that discusses the rental property inspection frequency.
One consideration is whether you'll only need an occasional inspection or regular inspections. If you have a responsible tenant, you won't need several inspections.
If you have an older property, you may need frequent inspections. Appliances and fixtures can get damaged easily. It's also easier for these properties to grow asbestos and other pollutants.
As a result, these properties will require more due diligence. Make sure you have a rental property inspection at least once per quarter.
When a property is vacant, you must continue with inspections. If it's vacant for too long, it can gather dust and debris. You should also consider an inspection at least one month before renting it out.
As a final step, make sure you also get your property cleaned at least once per month when it's vacant.
Get Your Property Inspected
Now you know how often you should conduct rental property inspections for your Hooper, UT home.
This is the best method to check if your property is ready for renting. You can spot any issues and fix them promptly. Your rental agreement should specify how often you'll conduct such inspections.
If you have responsible tenants, you won't need frequent inspections. For older properties, it's wise to have one inspection per quarter.
It's best to have a property management company to assist you. PMI Northern Utah has 20 years of experience and can help you!
