If you have $281-$402, it could buy you a fancy dinner, a new gadget, or... peace of mind. That's the average cost of a home inspection, a price tag many overlook after buying. But for landlords, it's not just a one-time expense -- it's an investment goldmine.
Regular inspections are crucial for maintaining the value of these investments and ensuring tenant satisfaction. They allow landlords to identify and address problems early, thus preventing extra costs down the line.
But just how often should you conduct rental property inspections? Read on for answers.
Local Laws and Regulations
One of the key landlord inspection tips is to know what the law says in regard to rental property maintenance. Nevada law allows landlords to enter a rental unit with the tenant's consent. Alternatively, there should be a reasonable belief of imminent danger to lives or property.
Generally, tenants cannot unreasonably refuse permission for landlords to enter to:
- Inspect the property
- Make necessary repairs
- Provide agreed-upon services
- Show the property to potential buyers or other interested parties
Landlords must give tenants at least 24 hours' notice before entering, except in emergencies. Inspections should happen at reasonable times, usually during normal business hours. Tenants can agree to other times if needed.
Move-In and Move-Out Inspections
Inspecting a rental home when tenants move in and out is crucial in Henderson, NV. These checks help keep the property in good shape and provide clear records for both landlords and renters.
A move-in inspection occurs before the tenant moves in. The landlord notes the property's condition and any existing damages. It sets a standard for what is expected when the tenant moves out.
When the renter moves out, the landlord inspects the property to see if the renter took good care of it. This is called a move-out inspection and allows landlords to identify any damages beyond normal wear and tear. This is key when determining how much of the security deposit to return.
Recommended Frequency of Inspections
Aim to conduct two inspections per year in addition to the move-in and move-out checks. A good plan is to schedule one inspection every six months. This helps catch any maintenance issues and ensures the tenant is following the lease.
Also, discuss the inspection schedule with your tenant. Your lease agreement should clearly state when rental property inspections will happen. Always give proper notice, and make sure the inspection doesn't interfere with their daily life.
While regular inspections are important, too many can make tenants feel uncomfortable. Stick to two inspections per year for longer leases to maintain a balance. This allows you to keep your property in good condition while respecting the tenant's privacy.
Reliable Rental Property Inspections With PMI Henderson
As the above Henderson landlord advice suggests, inspections are key to protecting your investment and keeping tenants satisfied. That's exactly what we are here to help with -- we handle everything from advertising and tenant screening to repairs and rental property inspections.
Our goal is to make property management painless for you while maximizing the returns of your investment. We ensure your property stays in great shape with regular checks, quick repairs, and clear communication with tenants.
Reach out today to learn more about our services!
