Ep # 45 – What’s involved with Ingoing Inspection when a Tenant is moving into to a Rental Property?
Manage episode 309533818 series 3035191
What’s involved with Ingoing Inspection when a Tenant is moving into to a Rental Property?
Join me on this episode of The Drive Home to Hawkesbury to find out.
I Live, Love, Hawkesbury and can’t wait to get into today’s episode.
I’m Rachael Goldsworthy and welcome to the drive home to Hawkesbury, where I believe every home has a story and I love sharing those stories on real estate in the whole street with you and you will see the fish ways to add value to your property, how to avoid the common mistakes people make when buying and selling property, and how to get the maximum return on your investment with a focus on supporting local business. I leave love folks free and can’t white to get into today’s episode with you. So let’s get started.
Good morning, afternoon, or good evening depending on what time you’re watching this video. I’m Rachael Goldsworthy and I’m on the drive home to Hawkesbury and today I just wanted to share with you a little story. I’m on my way or just to hit into an ingoing inspection. When tenants are looking at moving into a property, they look at getting all of the things right and, and as an agent we need to do an ingoing report for there. So with the ingoing reported includes what they call a condition report, which is about a six page document. And then we take around about 500 to a thousand photos per inspection. Now with that, that’s just a short check for both the tenant and for the landlord to ensure everybody’s on the same page when that person moves into the property. And then once they’ve moved into the property and they enjoy the tendency and look at moving out, when they vacate, we can refer back to that condition report and those ingoing photographs.
We also take a look made a reading on the way in so that we can calculate the usage of which is really important because we don’t want to get that wrong for people. So just thought I’d walk you through this House that we’re doing, um, and show you what we have. This one in particular is in mcgraths hill. Mcgraths hill’s a great areas that I, 126 homes and mainly owner occupied, but we also do have a number of tenanted properties like this one, I’m in this particular home. We actually have just a normal kitchen, bathroom, three bedrooms, nice combustion fireplace. And um, you know, as a Walkthrough, it’s really neat and tidy. House post World War is probably a big thing that they have in these sorts of homes plus wardrobes. They’ve got built in wardrobes in most of them, which is really important for a lot of tenants.
The tenants are looking for, you know, the built in wardrobes and I think it’s quite important to have that. Plus bathrooms are to take you through there as well. Um, yeah, we’ve got a fairly neat and tidy bathroom there, so which can see a great deal, but you’ve also got the shower separate toilet, which is really handy because you don’t want people fighting over toilets or um, you know, in somebody’s busting to go, it’s always good to have the access straight away. So, you know, instead of three, three point five by four meter bedrooms, I’m not massive, but certainly very average size for mcgraths hill. Now we’re going into the main bedroom and it’s the last of the three that we have built in wardrobes again. And I’m like, yeah, nice little outlook that they have on this property. I’m not too sure whether you’d be able to see this from the outside there.
Yeah. So really nice property that I’ve got to show here today and as I say, finishing off the ingoing inspection usually takes me around about an hour and a half, two hours to do the photographs and also do all of the, um, in going report. Then once you’ve done that, you, the day’s not over, you get back to the office, you complete that ingoing inspection and the data can be put straight into software programs that we have. Then on the day that the tenant comes in and signs a lease, they signed a duplicate copy. We keep a copy, the tenant keeps a copy and then we’re all on the same page. So if anybody’s got any questions in regards to ingoing tenants or outgoing tenants or tendency in general or somebody just wanted to have a question in regards to real estate, always happy to help.
Thank you so much for taking time out listening to today’s episode. If you have any questions on the process of buying, selling, leasing, or strata management, please don’t hesitate to reach out to me. Be sure to subscribe on itunes and I really appreciate if you could spread the word by liking and sharing this episode with your family and friends. I’m Rachael Goldsworthy and I look forward to catching up with you on the next episode of the Drive Home to Hawkesbury.
50 episodes