According to CMHC, Canada's average rental vacancy rate increased by 2.2% in 2024. This was a rise from 1.5% in 2023.Many tenants vacate properties due to inspection and maintenance issues. Regularly inspecting your Coquitlam rental property is more than just keeping it in top condition. It's a great way of showing tenants that their comfort and well-being matter.A clear and practical rental property inspection checklist simplifies the entire process. Stay organized in your Coquitlam rental property care with this landlord inspection checklist.
Understanding Rental Property Inspections and Benefits
Rental property inspections involve evaluating a property's exterior and interior condition on a routine basis. They're key to detecting and fixing minor issues before they escalate to costly repairs.Other things landlords can identify by inspecting their properties include:
- Safety hazards
- Maintenance needs
- Possible lease violations
Why Use a Rental Property Inspection Checklist?
If you're a new landlord, inspections may seem overwhelming at first. You may not know where to start or what to prioritize. Following the right Coquitlam real estate guide makes the inspection process smooth and reliable.A professional like the Axford Real Estate & Property Management Group understands the right rental inspection tips. Working with us eliminates the stress and burden of conducting routine inspections and coordinating repairs.Using the right checklist for inspecting a rental property helps promote:
- Consistency
- Tenant accountability
- Proper documentation
- Time efficiency
- Preventive maintenance
- Easier identification of tenant-related damage
A Checklist for Inspecting Your Rental Property
Wondering how you can keep your tenants happy and satisfied? Focus on these key things during inspections for proper maintenance.
Fire Safety
- Overloaded outlets
- Faulty electrical wiring
- Space heaters
- Clutter and obstructions
- Poor ventilation
- Natural gas leaks
Roofing Condition
A solid roof enhances the structural integrity of a rental property. It protects the property from weather elements like:
- Snow
- Extreme temperatures
- Wind
- Rain
- Sun
Inspecting and maintaining your rental property's roofing will help enhance tenants' safety. It'll prevent water damage and mold growth.Inspect for issues like:
- Signs of water leaks
- Sagging
- Mold in the attic
- Cracked or missing shingles
- Cracked caulking or seals
- Corroded metal components
Plumbing System
Plumbing issues also cause water leaks and mold problems. Mold and mildew may cause your tenants to suffer from:
- Respiratory issues
- Allergic reactions like runny nose, watery eyes, and nasal congestion
- Skin irritation
- Toilet and sink clogging
- Burst pipes
- Low water pressure
- Water heater problems
- Exposed water or drain pipes
- Slow drains or backflows
Electrical System
- Extend HVAC system's lifespan
- Protect tenants' kitchen appliances
- Minimize insurance liability
- Prevent costly repairs
When inspecting your rental property's electrical system, check for:
- Frayed wiring
- Faulty outlets and switches
- Unfunctional lighting fixtures
- Imbalanced electrical load
- Malfunctioned smoke and carbon monoxide detectors
Landscaping and Exterior Structures
The outdoor space is the first thing tenants see when they tour your rental property. A vibrant and inviting outdoor space captures tenants' attention.It creates a sense of urgency. Potential tenants will be ready to move into your property as soon as possible. Exterior elements that create first impressions for tenants include:
- Fencing
- Gutters and downspouts
- Sidewalks and driveways
- Windows and doors
- Decks and patios
- Siding and paint
- Outdoor lighting
- Outdoor amenities like playgrounds and swimming pools.
Inspecting and maintaining your rental property's landscaping helps improve water drainage. It also helps remove pests, which may get into tenants' rooms.During inspections, check for:
- Weeds and pests
- Overgrown lawn grass, trees, and shrubs
- Bare patches
- Uneven surfaces on driveways and walkways
- Decayed deck or patio wood railing
Flooring and Walls
- Cracks
- Uneven surfaces
- Peeling paint
- Mold and mildew
- General cleanliness
- Basement flooding
- Water stains
Best Practices for Conducting Rental Property Inspections
Understanding how to do inspections makes them smooth and efficient. You avoid mistakes, delays, and more complaints by tenants.Hiring a property management company can ease your rental property inspections. Axford Real Estate & Property Management works with both landlords and tenants to keep rental properties in proper condition. We plan inspections early for the convenience and flexibility of landlords and tenants.Other rental inspection practices by property management in Coquitlam include:- Engaging tenants
- Inspecting all areas
- Documenting inspections
- Conducting pre-inspection maintenance
- Conducting post-inspection follow-up
Rental Property Inspection Checklist: Maximizing Your Investment's Value
A well-executed rental property inspection checklist is key to building tenant trust. But for professional inspections and maintenance, consider working with Axford Real Estate & Property Management. Since 1983, we have been building trust by serving commercial and residential rental property owners across Port Coquitlam, Vancouver, New Westminster, Surrey, Port Moody, and Langley.Our team leaders, Kevin Axford, Kate Bertrand, Leslie MacInnis, & Clayton Beckler, have vast experience in offering comprehensive property management. We'll ensure that your Coquitlam rental investment is always in great hands.Call us today for all your inquiries.