You have secured quality tenants for your Denver property, meaning your marketing and tenant screening was done well. In terms of rent collection, your tenants pay on time, so you’re left with taking care of your property. You're responsible for inspecting your property consistently to ensure the best rental space.
Property inspections are crucial to prevent problems from progressing. Otherwise, it will end up costing you substantially. This must be balanced by placing yourself in the tenant’s shoes, though.
How many inspections are considered fair to conduct in your Denver property? What's a reasonable number, so that you avoid the ire of your renters? What must you do so that you aren't being ignorant of potential problem areas?
Why Property Inspections Matter
Checking your property from time to time ensures you’re doing your landlord's responsibility to maintain your property and keep it safe. You wouldn’t want to leave your rental space in a disheveled mess, especially at the end of every season. For example, if you neglect to check and clean the roof gutters for blockages, you’ll face potential water damage. This would represent a more significant problem down the line.
Too much property damage will decrease the overall home value of your Denver property. Moreover, it will make it less attractive to tenants. You want your tenants to keep renewing their leases. If you do your best to keep the rental unit habitable, then tenants would have no reason to move out and look for another property.
Giving Notice of Inspection
Under the Colorado State law, there’s no strict policy on giving notice to a tenant for inspection. However, most landlords are encouraged to provide 48 hours of advanced warning.
This is to show respect to tenant privacy. In Denver, the landlord can enter the home for maintenance and repairs, emergencies and tours for prospective tenants of the property.
Acceptable Inspection Types
Upon move-in, you can conduct a property inspection. Documentation through photos and videos is commonly practiced to prevent future disagreements. This is a method that works to prove if the resulting damages after the lease expires are tenant-induced.
No proof means a tenant can contest that the damage was already there before the move-in. This can cause a rift between you and the renter. A move-in inspection is vital to avoid this scenario.
Some states allow tenants to request a property inspection before move-out. This is to protect their security deposit by checking what items need to be fixed. The move-out review works for landlords to assess any damages.
If there are any, then you will make certain deductions from the tenant’s security deposit. You can provide the tenant with a list of calculations, so the partial or no refund of the security deposit can be justified.
Landlords can perform drive-by inspections as a means of checking if the tenant has adhered to the leasing agreement. This is done on the exterior of the Denver property only. You can observe from a distance if the number of occupants is as agreed upon. If, as a landlord, you don't allow any pets, a drive-by inspection will also show that tenants are following this policy.
Routine Maintenance Inspections
To keep the Denver property in pristine condition, you must perform routine maintenance inspections. The smoke alarms must be properly functioning, the fire extinguishers kept up-to-date and the critical HVAC performing well.
Routinely maintaining the property will alert you of any growing mold issue or pest infestation. This is part of upholding your duty as a landlord to keep the property habitable for the renters.
Common Issues Landlords Note During Inspections
- General cleanliness of the property
- Signs of pest infestation
- Signs of mold presence
- The condition of the home appliances
- The state of the HVAC systems
- Damages to the furnishing
- The flooring conditions
- The maintenance of the garden/ landscaping
- Need for removal of autumn leaves/ heavy snow
- Need to address water leaks and damages
- Roof issues
- Condition of plumbing
- Signs of foundation problems
- Signs of electrical issues
- Basement potential water damage
Landlord Acceptable Behavior
As the property owner, you must treat the tenant with the utmost respect. If issues are uncovered, you must not resort to forcing the tenant to move out without due process.
It’s best to meet with the tenant first so that they notify you about any violations. Depending on the lease agreement and the severity of the violation, you can ask the tenant to vacate your Denver rental property.
If the inspection results point to a tenant’s neglect, you can discuss recommendations to take better care of the property. The tone must always be polite. You can send over the inspection report, so there’s a written copy that the renter can review.
Even if the law on privacy in Colorado is not strict like in other states, it’s best to notify the tenant of an inspection. This way, the renter will feel that his privacy is respected. Remember to balance the property inspections and space them out accordingly.
This is to avoid too much disruption of the tenant’s schedule. As long as your leasing agreement stipulates a reasonable number of times for the property inspection, disagreements will be avoided.
It’s a great benefit to you to be able to perform frequent property inspections to spot problems before they get magnified. It will also raise the value of the Denver property, thereby encouraging tenants to stay longer.
Just remember to conduct inspections in moderation and show respect to the privacy of the renter. Being too suspicious that the renter is breaking leasing rules can lead to a sense of discomfort for them. The goal is to keep the tenant happy, so avoid stalking and monitoring their every action.
For further inquiries, contact McGuire Property Management today.