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Did you know that the global real estate market size is expected to grow beyond $8 billion by 2026?
If you’re a property owner in Columbia, South Carolina, now is your chance to earn big in the future. Ensure that your property will be valued, and learn about rental property inspections.
As a property owner, inspections help you fix any problems your property can have. They secure your assets while you earn from them.
Do you want to know the ways you can perform a rental property inspection? Read what we have below and learn more.
When to Perform Rental Property Inspections
Rental property inspections aren’t a one-time done deal. These are the best times for you to do property inspections:
Move-In Inspections
Do a walk-in inspection before the tenant brings in their belongings. Through a checklist, write down the current condition of the property. The list should include wear and tear and any unusual damages the property has.
As a property owner, a property inspection checklist helps you stay transparent and honest about the state of the property.
Move-Out Inspections
When it's time to say goodbye to your long-time tenant, you need to do another inspection. Using the property inspection checklist, you can check again for any damages. If you find any damages not included on the list, you can collect the fees from the security deposit.
Drive-by Inspections
Most rental property inspections require you to give advance notice. Drive-by property inspections allow you to check the outside for any issues.
Routine Inspections
Do you suspect that the tenant is not following what’s written in the contract? Every month, do a routine property inspection to check for any violations.
It’s good if you find no violations, but if you do, give the tenant the chance to resolve the situation before it gets worst.
Follow the rental property inspection laws in South Carolina when you perform an inspection. Get help from a lawyer, and learn the laws that apply during inspections.
How to Inspect the Property
Before visiting the property, always give the tenant prior notice. Motivate them to stay at home during inspections should they need to sign documents. Avoid confrontations, and explain the benefits of doing property inspections.
Get Professional Help
As the landlord, it's common for you to be busy. When you don’t have the time, your best action is to get professional help. Hiring a property management company helps keep your property in good condition.
Professionals can inspect and help manage the property for you. It also ensures your safety, since some areas might be hazardous. They have the expertise and equipment to account for any nook and cranny.
Learn How to Do Rental Property Inspections Today
Keeping your assets safe is your responsibility as the property owner. You can do this by performing rental property inspections. Use this guide now and do rental property inspections today!
Do you need help managing your property? Contact us and get our services today!
