Episode 91
Utilizing Inspections in Rental Properties
In this episode of "We Are TPM," hosts Kyle and John Teixeira dive into the critical role
of property inspections in managing rental properties. They examine various types of
inspections, and how they safeguard landlords and enhance tenant relations. These
inspections are crucial for landlords to avoid potential disputes and prepare properties
for turnovers efficiently. The Teixeira brothers emphasize the importance of detailed,
regular inspections and proactive maintenance, which can help landlords save money
and ensure properties are well-managed.
The discussion begins by highlighting the importance of move-in inspections, where
Kyle underscores that inspections provide "an objective piece of information for
disputing facts." This leads to a dialogue on renewal inspections, which not only aid in
keeping up with necessary repairs but also serve as a negotiation tool for rent rates.
John touches on the necessity of these inspections for providing peace of mind to
homeowners, stressing that "it's cheaper than taking care of it later." The episode
further explores the potential issues that can arise from deferred maintenance,
particularly in older properties, drawing attention to the complexities of managing rental
homes effectively.
Notable Quotes:
"You want to be fair. You have to be fair to your homeowner. If you're the homeowner,
you'd be fair to yourself, but you also want to be fair to the tenant." – John Teixeira
"Doing a detailed inspection with all the utilities on, checking appliances, checking
everything works. Like actually inspecting every part of the home that's good, that
could and can be used." – John Teixeira
"There's no better way to dispute their own claim than their own evidence." – Kyle
Teixeira
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We Are TPM
Teixeira Property Management
Mansfield, Texas
www.WeAreTPM.com
ShowMeTheMoney@WeAreTPM.com
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There are a vast amount of ways in today's world to build wealth using real estate and
investing, not just in property, but in yourself!
Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira of
Teixeira Property Management bring you all of the knowledge and experience they can
provide for the confedence to achieve your investment goals, or how and why to create
them. Now, while John and Kyle have a ton to share, they will also be bringing you
interviews with some of their clients, industry partners, experienced investors, and
much more every week!
John and Kyle look forward to sharing the knowledge you need about arguably the
greatest investment vehicle that is available to the masses — Real Estate. Knowledge
is power, and John and Kyle intend to give you as much power as possible. It's not
always about the HOW, but also the WHY, and they will be digging into it right here
every week!