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Renting out a property is a great way to earn income as a primary business or side hustle - but that doesn't mean it's an easy process. One of the most important things to consider when renting residential properties is passing your inspections.
Landlords and property managers must keep their properties in top condition to ensure the safety and satisfaction of their tenants and ensure their properties are compliant and adhere to local codes, such as Denver’s Residential Rental Licensing Program.
While passing an inspection may seem intimidating, it is critical to know what to expect and how to ensure your property checks all the boxes. Avoiding these three common residential inspection failures is the best way to do that.
Ignoring Health and Safety Hazards
Unfortunately, many issues in a rental property can create health and safety risks to your potential tenants. These threats include mold, pests, and even structural damage. Failing to identify and eliminate these potential hazards will quickly keep you from passing an inspection. If you think mold, mildew, or pests are present on your property, the best way to address the problem is to get in touch with a professional.
Failing to Keep up with Maintenance and Repairs
Most inspections require that the property is in livable condition. To pass an inspection, landlords and property managers must ensure regular maintenance and repairs on various appliances throughout the property. Therefore, before scheduling the inspection for your property, ensure that all areas within the home are repaired, and maintenance has been completed on the heating, cooling, electrical systems, and the water supply.
Building Code Violations
As a rental property owner, knowing and complying with various local building codes is crucial. These codes can outline property requirements for many different things, including fire exits, smoke detectors, and other safety features. So as you prepare for an inspection, be sure to inquire about your region's local codes.
Passing a residential rental inspection is crucial for landlords and property managers to ensure the safety and satisfaction of their tenants while adhering to local codes. Unfortunately, ignoring health and safety hazards, failing to keep up with maintenance and repairs, and building code violations are some of the most common reasons for failing an inspection in Denver, Colorado.
Contact us or schedule an appointment today to work with the experts who can help you ensure you pass your inspection the first time.
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