As your business grows larger, it becomes harder to know the physical interior/exterior conditions of properties. As your knowledge of the units decreases, your problems most certainly will increase.
In order to prevent a loss of control over properties, you should consider a planned maintenance/condition survey. I say "survey" as opposed to "inspection" because there is a difference. An inspection is an examination in an official capacity ( i.e., licensed building contractor or a Certified Safety Inspector) versus a survey which is an examination with reference to condition.
Peter Meer is President/Broker of Meer & Company, Inc., 303-322-1550, which manages 150 single family homes and properties in Denver, Colorado. He holds the Master Property Manager (MPM) designation and the firm holds the Certified Residential Management Company (CRMC) designation from the National Association of Residential Property Managers (NARPM). To learn more about Peter's Landlord solutions visit Meer and Company website at www.meerandco.com
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