routine-inspection - changing places

 

Recently we’ve been looking at the 14 Fundamentals Of Effective Property Management with Changing Places CEO and Founder, Cameron Fisher.

 

Last week we looked at Rental Reviews – imperative to building a property portfolio, this week we discuss Routine Inspections – look for the red flags.

 

Routine inspections are very important. They are designed to spot problems before they occur. At Changing Places we conduct a routine inspection within the first 3 months of a tenant moving in. The reason for this is that we want to make sure those who said they were living at the property under the lease are the actual tenants and not others. We might believe we are leasing the property to a couple, but when we go and inspect the property, we find there are actually seven people living in the property. So it is really important that we go to the property and do the checks for you.

 

Related Article: Condition Report – the more detail the better

 

The tenant may also say they have no pets, but when we go to the property we find that there are kennels and food bowls hidden in the garage under blankets, garden chewed, as well as pet smells which are obvious signs to us that there are in fact pets living on the premises. We then act on such breaches.

 

After the three month inspection, we then conduct routine inspections every six months to make sure that your property is being well looked after, as it should be. We can look out for maintenance issues before they get out of hand and use inspections to discuss further lease periods and rent increases with the tenant.

 

A progressive agency will provide you with a copy of the routine inspection report which should include photos and points for consideration and discussion such as maintenance issues. This report is invaluable allowing you, the landlord, to know your property is being properly cared for.

 

Click here for more information on property management or call 1300 130 998.

 

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