Property management needs regular inspection of your property. Does it mean everyday or every week? No, there are some rules which you must follow. This is a vital part of property management. You should not deny or neglect this thing after putting a tenant in your property. You should not hope that the tenant will take care of your valuable property as well as you want. But there are some exceptions if:
1. You believe that the tenant is really so good & respectable enough.
2. You are not willing to intrude tenant’s privacy.
3. You are not accustomed to do so & have never done this before and you are lucky enough as you didn’t have any issues.
4. You do not have enough time for this.
But keep in mind that all the humans are not same. You might have not faced any issues before. All the tenants might have paid the rent on time; they might have left the property in a good condition. This does not mean that it will go on forever. You must keep in mind that the property inspection is not only looking after if the tenants are taking care of your property or not. It is just being proactive about what is the situation of your property. A regular maintenance might save a lot of money in the long run. You may find that there is something which needs repairmen. You should act quickly then. You must not wait something to break. Acting as the property needs, is important. That is why an inspection is unavoidable. Another fact is that most of the insurance companies require a regular inspection report (once every 3 to 6 months). If you do not have a regular one there is a high possibility that your insurance plea will be denied. There are different types of inspections:
Pre tenancy inspections.
Routine inspections.
Post tenancy inspection.
A pre tenancy inspection provides evidence about in what condition you are handing over the property to the tenant. A post tenancy inspection provides evidence that in what condition they are leaving the property. Regular inspection needs an inspection every 3 to 6 months. On regular inspection you just take short notes on the condition of your property. You may also take some pictures of any damaged part which needs repairing. If you employ professional companies for your property management you must make sure that they send you inspection reports regularly & supply adequate photos with it. While property management Wellington or property management Lower Hutt companies are needed, you may consult with many property management companies as they are professionals. They will help you with a reasonable charge. You must not be bothered about the charge. They will save a lot more than you spend on them. This is guaranteed. No major problem will occur suddenly & you do not have to bargain with your tenant. All the responsibilities will be taken by the property management company. After employing the company you can have a sound sleep without any tension about your property.