How A Property Manager Protects Your Investment
In today’s dynamic real estate market, protecting your rental property investment has never been more crucial. According to 2024 data from Zillow, rent prices have increased by 3.4% compared to the previous year, highlighting not just the increasing value of rental properties, but also the heightened importance of protecting these valuable assets through professional management.
As a top rental property management company in Salt Lake City, UT, we implement procedures for every property we manage to protect your investment. Today, we’re sharing some of our tips around rental inspections so you’ll know how your property manager is protecting your investment.
Move-In Inspection
The initial inspection is key to protecting your property. For every new lease we conduct a thorough inspection using a standard form to document the property. This documentation holds tenants accountable for the property during their tenancy. We do this inspection with the tenant so both parties can note any items that need attention. This process provides written documentation for future reference and helps tenants know what their responsibilities are.
Drive-By Inspections
We enforce lease compliance by doing monthly drive-bys of each property. During these exterior checks we look for any red flags, such as too many cars in the driveway or aluminum foil on the windows. Most times we find nothing, but when we do we take action immediately. If we find concerns we post a 24 hour notice and do an interior inspection. We rarely find serious issues but this proactive approach allows us to address any problems as soon as possible.
Internal Inspections
Unlike most property management companies we do annual internal inspections in the spring or fall. These visits include a 40 point inspection of the property. We look for evidence of tenant care and identify any damage or needed repairs or replacements. We check for leaks and assess normal wear and tear. Our regular presence in the property encourages tenants to take care of your investment.
Move-Out Inspection
When a lease ends we do a detailed exit walk-through using the same form from the move-in inspection. We assess the property to determine any security deposit deductions. Common deductions are carpet cleaning and exterior maintenance needs. This process ensures consistent tenant accountability.
Get Professional Protection for Your Investment
With over 65 years of combined experience, Advanced Solutions Property Management has developed these inspection protocols to protect your valuable investment while maximizing returns. Our systematic approach means nothing is left to chance.
Ready to protect your investment with professional property management? Contact us today to learn more about our comprehensive property management services.
Let us show you how our professional inspection processes can help preserve your property’s value while providing peace of mind.
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