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Updated over 7 years ago on . Most recent reply

User Stats

11
Posts
5
Votes
Patrick Smith
  • Investor
  • Summerfield, NC
5
Votes |
11
Posts

Property management inspections

Patrick Smith
  • Investor
  • Summerfield, NC
Posted
I've got a question that I haven't been able to find on the forum. Maybe I'm looking in the wrong place. How often do you feel a property management company should inspect your rentals? I've been using a company now for 11 years. They have been good with everything except inspecting my houses. The only time they get inspected is when I request it. Should I have to request an inspection or should it be something they should be doing without me having to ask? Three times in the past 11 years I've had tenets move out and the place was trashed. I feel that as long as these tents have been there, somebody from the PM company would have caught some of the destruction before it got that bad. Also, how often do you inspect?

Most Popular Reply

User Stats

868
Posts
800
Votes
Tracy Streich
  • Real Estate Broker
  • Tulsa- OKC Oklahoma
800
Votes |
868
Posts
Tracy Streich
  • Real Estate Broker
  • Tulsa- OKC Oklahoma
Replied

What does it say in your management agreement?   Most PM are more than willing to do the inspection if you want it and you are willing to pay for it.   Do not assume they are just going to do it for free.  I think that is where the breakdown happens between most owners and PM's.  This is why you need to read the contract carefully and discuss all fees up front when getting a PM.   Some include inspections and others things that others do not.   Do not assume.   Good communication at the start will make it a much smoother process. 

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