We get some common questions when it comes to exterior property inspections.
- When should I do inspections?
- How often should I do inspections?
Inspections are an essential part of sustaining an attractive property and minimizing risk, so having the right frequency and schedule for them is huge for your success.
There’s no absolute rule, and every property will be different.
But here are three things to consider when determining when and how often to do exterior inspections at your property.
#1: Property type, use, and location
The type, use, and location of your property play a significant role in determining inspection frequency.
For example, a high-class office building will require a lot more inspections than a warehouse property. Consider things like:
- Size
- Traffic
- Vacancy
- Visibility
- Neighborhood
#2: The overall condition
After you’ve thought about those things, it’s time to account for what kind of shape the property is in right now.
- How old is your property?
- What’s the maintenance history?
- What about the deterioration rate of building components?
#3: Staff availability
Your on-site maintenance staff and the size of the portfolio you manage will naturally influence your inspection schedule and frequency.
After evaluating all the factors, you’ll want to determine a schedule and frequency for all your major components.
Some common frequencies are:
- Monthly
- Quarterly
- Annually
And when it comes to the timeline or schedule, you’ll want to try to conduct inspections at times when they’ll impact tenants’ businesses the least.