If you own property in West Palm Beach, you have a potentially lucrative opportunity to earn income by renting it. West Palm Beach's close proximity to the ocean makes it a desirable place for renters. But as a landlord, you'll need to make sure your property stays in good condition to maximize its potential.
Wondering how often a landlord should conduct rental property inspections in West Palm Beach? Read on to find out!
Understand the State Regulations
Be clear on the rental property inspection laws in Florida before moving forward with inspections. In Florida, you'll always need to provide at least 12 hours notice before entering a tenant's space. You'll also need to complete an inspection during the daytime or evening hours.
Ideally, landlords will inspect rentals at least twice a year. In Florida, you can enter a property to make essential rental property maintenance or conduct inspections. As another approach, consider inspecting your property when a person moves in or out of it.
Making inspections at a higher rate of frequency, such as once a month, could seem invasive. Tenants in Florida are entitled to quiet enjoyment of their space. As such, you'll want to be mindful of how often you do inspections.
Know What Inspections Should Include
When you do an inspection, bring a rental property inspection checklist with you. This will allow you to be efficient. It also is a way to show tenants the intent of your inspection.
During inspections, you may check the condition of the roof, windows, and door locks. You also should look at railings on balconies or cracks in concrete pathways. These are all critical areas to assess to ensure your tenants' safety.
Maintain records for all inspections. Include the date, reason for the visit, and other relevant information.
A qualified property management company can oversee this responsibility for you, too. Especially if you own multiple properties, outsourcing inspections can simplify your work.
Include Inspection Information in the Lease Agreement
When a tenant signs a lease, you can show transparency regarding property inspections. Make sure your lease agreement includes language defining scenarios where inspections may occur.
In addition, explain how you will notify a resident about an inspection. For instance, you may email or call them. And let them know how often inspections are likely to occur.
You may want to show a potential tenant a rental property inspection timeline. This can alert them to the fact that you'll be looking at the property when they decide to move out. Include any penalties or fees that a tenant may have if the property doesn't meet your standards.
Know When to Conduct Rental Property Inspections
Rental property inspections are a critical part of your responsibilities as a landlord. Be clear on Florida's laws governing inspections. And be as transparent as possible with tenants when conducting inspections.
When you need help managing your properties, turn to PG Group Property Management. With over 300 properties in our portfolio, we have the expertise and experience you need to gain the strongest return on your investment. Contact PG Group today!