Routine Property Inspections – Why and When We Should Have Them.
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Routine inspections are an absolutely critical part of your journey as investors; are their faults that could cause harm to your tenants or to your income? Are you maintaining minimum compliance standards? The only way you’ll know is with a regular inspection. But what are they and how often should we do them? Let’s Wealth Coffee Chat!
00:00 – Introduction.
02:47 – Show Starts – welcome to another Property Management Wednesday.
05:15 – Q&A Have you had a bad experience with a tenant?
06:52 – What is a routine inspection? Are they mandatory? How frequent should they be?
08:56 – Routine inspections help identify risk to both the landlord and the tenant.
11:19 – Inspections allow for more frequent repairs, benefiting the tenant and boosting the property value.
13:39 – Maintaining minimum standards will keep you compliant and ensure cash flow continues.
16:08 – The 6 reasons why routine inspections are essential for property investors.
17:30 – Closing thoughts and Q&A.
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