Using Property Inventory Software to Manage Your HMO

Property inventory software allows landlords to create and manage property report for their properties. It offers an easy way to keep track of all the items on your property, including their condition, by helping you document any changes that occur during a tenancy.

Here we discuss its uses, benefits, and why HMO owners should consider a property inventory app as soon as possible.

How can it be used to manage HMOs?

Using property inventory software can significantly simplify the management of HMOs. Here are some ways it can be used:

  • Creating a comprehensive inventory report: At the start of the tenancy, landlords can create a detailed inventory report using the software, which includes a record of the condition and cleanliness of each room, furniture, appliances, fixtures, and fittings. It also provides photo evidence and the tenant's signature confirming the report's contents.
  • Identifying issues to address: By having a comprehensive inventory report, landlords can quickly identify any issues that need to be addressed before the start of the tenancy. This provides tenants with a clear expectation of the state in which the property should be returned.
  • Check-in and check-out reports: In conjunction with interim checks throughout the tenancy, a check-out report recording the condition and cleanliness of the property as the tenant departs can provide evidence of any changes that have occurred to the property during the tenancy.
Tips for using Property Inventory Software

Using property inventory software can provide numerous benefits to HMO landlords. Here are some tips and takeaways:

  • Choose a software allowing HMO reporting: When deciding on property inventory software, ensure it has HMO reporting capabilities.
  • Conduct regular inspections: Regular inspections throughout the tenancy can help you to document any changes and provide evidence for legal proceedings if necessary.
  • Use a professional inventory clerk: Consider hiring a professional to conduct the check-in and check-out reports. Reports2Go offers inventory services for landlords that don’t have the time to conduct inspections on all their HMO properties.
Reports2Go Inventory Inspection App

Property inventory software can significantly simplify the management of HMOs. By having a comprehensive inventory report, landlords can quickly identify any issues and document any changes during the tenancy, reducing the chances of disputes and providing evidence for further proceedings if necessary.

If this sounds good, why not check out what Reports2Go offers?

Our inventory app is a comprehensive solution for creating detailed property reports for single occupancy, HMOs, or Student Blocks. The app handles the entire report lifecycle, from inventory to check-in, mid-term, and check-out. The reports can be created entirely on the portal or using a combination of app and portal.

Learn more!

Dan, 07 April 2023
Using Property Inventory Software to Manage Your HMO

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