How often are you expecting Property Managers to walkthrough

[D Higgs]

Let's say you have your property, and everything is going according to plan with your REI. How often do you want your PA doing a walkthrough of your tenant occupied units? Is this allowed? If so, is there a difference between PA's in regards to visiting tenants proactively?

I would imagine, and respect the fact that tenants have a right to their privacy.. HOWEVER, as the property owner I would want to ensure my investment is being taken care of. Not to mention notice any potential problems before they happen. I would just like to know what proactive steps can my PM do and what is the typical expectation?

Thanks BP!

[Patricia Steiner]

What does your lease say about owner/PM inspections?  A landlord/PM has the right to be at the property (exterior) at any time.  I drive-by mine and my clients' properties on a routine and regular basis.  The tenants are use to seeing me around and it's a friendly exchange when we do see each other.  As far as interior inspections, our lease contracts state how much notice will be given but does not stipulate how often.  Twice annually should be a minimum in my opinion.  I find that most PMs and owners do not do them at all.  

Having said this, I do respect the property as the tenant's home - and I call it that when visiting.  And, I want them to remember that someone else invested a whole lot more than they are paying in rent to purchase and maintain it. Respecting the property is non-negotiable.  Inspections support that message.  

So check your lease first - and then make sure your PM agreement stipulates your expectation for completion/documentation.