Property Inspection Service

Property inspection services conduct move-in, move-out, and periodic inspections for landlords and property managers, documenting property condition, identifying maintenance needs, and protecting against deposit disputes.

You photograph and document property condition, note damages or needed repairs, create detailed inspection reports, potentially coordinate with tenants for scheduling, and provide documentation for security deposit accounting.

Success requires attention to detail and thoroughness, understanding property maintenance and defects, photography and documentation skills, working with landlords and tenants professionally, and potentially real estate or inspection background.

Pricing typically ranges from $75-200 per inspection depending on property size and inspection type (move-in/out more detailed than periodic), with volume discounts for property management companies.

Completing 40 inspections monthly at $125 average = $5,000 monthly revenue.

Startup costs include business formation and insurance, camera and documentation equipment or apps, inspection software or templates, transportation, marketing to landlords and managers, potentially training or certification, and business supplies totaling $2,000-8,000.

Building client base involves partnerships with property management companies needing inspection services, marketing to landlords and investors, offering services to real estate agents with landlord clients, networking at real estate investor meetings, targeting self-managing landlords needing documentation, providing sample reports demonstrating thoroughness, and building reputation for detailed accurate inspections.

Revenue comes from per-inspection fees, potentially offering packages or retainers to property managers, add-on services (maintenance estimates, vendor coordination), or combining with other property services.

Operating costs include transportation and mileage, equipment and app subscriptions, insurance, continuing education, marketing, and time conducting inspections and creating reports.

Challenges include scheduling around tenant availability, thorough inspections take time (limiting daily volume), liability if missing issues, competitive pricing pressure, seasonal fluctuations (more move-outs summer), and building sufficient volume for full-time income.

Success requires extremely thorough and consistent inspections, professional photography and documentation, fast report turnaround, understanding property maintenance and defect identification, clear communication with tenants during inspection, potentially specializing in specific property types, building relationships with property managers for volume, and potentially combining with maintenance coordination or other services.

Property inspections serve landlords and managers needing documentation and loss prevention.