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how often should PM inspect an IP

Discussion in 'Property Management' started by invest123, 3rd Jul, 2015.

  1. invest123

    invest123 New Member

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    Hi

    How often should the PM inspect a residential IP

    Thanks for your advice
     
  2. EN710

    EN710 Well-Known Member

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    No standard for me, but I prefer at least twice a year
     
  3. D.T.

    D.T. Adelaide Property Manager Business Member

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    Quarterly, at least to begin with.
     
  4. KMD

    KMD Well-Known Member

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    My properties get inspected every six months.
     
  5. swanqueen

    swanqueen Well-Known Member

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    At least twice a year.

    Some states (like NSW) allow 4 inspections in a year. I personally find that some tenants find 4x too obstructive, though, so my NSW ones get inspected twice a year.
     
  6. Chilliblue

    Chilliblue Well-Known Member

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    Our agreements with the agency state quarterly inspections in the first year and bi annually thereafter if no issues noted in the past 12 months
     
  7. Coota9

    Coota9 Well-Known Member Premium Member

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    Every 3 months..
     
  8. Fielding

    Fielding Well-Known Member

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    4 times a year. I make sure of it.
     
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  9. Ouga

    Ouga Well-Known Member

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    "Trying is the first step towards failure" Homer
    3 months after they move in and twice a year after that
     
  10. D.T.

    D.T. Adelaide Property Manager Business Member

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    Those of you saying bi-annually perhaps aren't familiar with the risks, or perhaps just haven't had anything bad happen to you (yet). If tenant does something illegal in your home (grows/manufactures drugs for example) then the owner is liable if inspections haven't been regular.
     
  11. Chilliblue

    Chilliblue Well-Known Member

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    If a tenant has proven themselves in the first 12 months of their lease and there are no issues, where is the real risk?

    A bad tenant can easily so something illegal within 3 months.
     
  12. JamesGG

    JamesGG New Member

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    Every state has different rules on what is allowed, let alone what is appropriate. In Victoria, the first routine inspection can be three months after the lease begins with subsequent inspections only allowed every six months thereafter. @Lil Skater is the PM of the household so will ask her to post the legislative reference for anyone interested.
     
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  13. invest123

    invest123 New Member

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    Thank you for the advice much appreciated
     
  14. rhinsor

    rhinsor Well-Known Member

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    I good tenant can turn back any day
     
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  15. SeafordSunshine

    SeafordSunshine Well-Known Member

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    Never, if you used the agent I had previously:(!!!
    (I am still recovering and paying out for repairs from damage that they should have picked up....)
    I hope this helps.!
     
  16. invest123

    invest123 New Member

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    Thanks for the feedback
     
  17. Azazel

    Azazel Well-Known Member

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    I would agree with twice a year. More if it's in an 'interesting' area.
     
  18. Harro

    Harro Well-Known Member

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    Many years ago now had an IP in Central West NSW being tenanted by a single Mum with 2 kids. For 14 months, rent paid regularly, no dramas. Then lover boy moves in and rent dried up along with extensive damage to the property. Things can go pear shaped pretty quickly. Having a PM that is on the ball and regularly inspecting the property can help. No guarantees of course; but 6 monthly in my view is not regular enough.
     
  19. citystar

    citystar Well-Known Member

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    I have included four inspections per year written into my property management agreement.
     
  20. SonOfTrigger

    SonOfTrigger Well-Known Member

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    You may insist on 2 or 4 per year but as I've previously said, my experience from 10 years as a tenant in Melbourne and Sydney, is that PM's rarely if ever do inspections apart from at exit, despite what may be reported to the landlord.