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REAL ESTATE

Property Management Specialists Stress the Importance of Inspecting Investment Properties

Thursday 30 May 2019, 3:59PM
By Beckie Wright
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At Property Management Specialists they conduct a comprehensive inspection of your property when a tenant first moves in, inspecting your property area by area (lounge room, bedrooms, kitchen, front and rear yards, garage etc.) They also record their condition and cleanliness item by item, and then a brief description and detail about the item. This would involve recording details of any marks, scratches, and dents etc. They also take digital photos outside, as well as inside the property.

Property Management Specialists prefer to inspect the property every three to four months. This inspection is not as detailed as the start of tenancy inspection, as it is more of a ‘walk through’, checking room-by-room that the tenant is keeping the property damage-free and reasonably clean and tidy. Likewise they note any maintenance issues and any other recommendations needed to assist you in keeping the property in the best condition possible, such as checking the smoke alarm where fitted.

They also send you a copy of the inspection report with your end of month statement (if posted) or if their contact with you is by e-mail they will communicate any findings by e-mail. If there are any immediate concerns, they would contact you as soon as possible.

When the tenant lets them know they will be vacating, they send a detailed information on their expectations of how the property needs to be presented.

Once the tenant has fully vacated and ready for the final inspection, they conduct this inspection with the tenant/s present and compare the property to the commencement inspection report completed at the time the tenant moved into the property.

They then carefully check through the report item-by-item, ensuring it has been left in the same condition as when the tenant moved in, taking into account reasonable wear and tear for the period of time they have been in the property. This is a legislative requirement. They also ensure the property has been left reasonably clean and tidy, and check the smoke alarm and also read the water meter (if applicable).

For more information on property management Queenstown, Queenstown real estate agents and commercial property Queenstown please go to https://www.propertymanagementspecialists.co.nz .