3 Tips For Maintaining Your Rental Properties
Everyone takes care of their personal home; the home is not only a matter of pride for us but also the biggest investment that most of us will ever make. However, if we are not residing in the property, we tend to overlook the problems and issues that occur with time. Many landlords become irresponsible when it comes to resolving issues with regard to their rental property. Since you are not currently living in the property, you fail to monitor the condition of the property from time to time and this leads to major damage in the long term. A downside of not taking care of your property is unhappy tenants who are willing to move out at the first opportunity. Here are a few tips you can use in order to keep your property in the right shape.
Paint the home on a regular basis
The easiest way to keep your rental property in good condition is to have it painted on a regular basis. This will help ensure that your property does not become an eyesore because of lack of adequate maintenance. You can perform the task on your own or hire a painting company to get the work done. A professional can provide you with an estimate so that you are aware of the services and the cost for the same.
Maintain the roof of the property
A very important part of the property is its roof. In the absence of a functional roof, there could be extensive water damage to your property. In order to prevent such issues from happening, perform routine maintenance of the roof. Keep the roof in good shape by cleaning the gutters. With time the gutters on the property will accumulate a lot of debris and if it gets clogged with sticks and leaves, there will be draining problems. It will cause roof and foundation damage and a lot of money for repairs. Running a rental property is not an easy task, Greg Bacheller from 719Rent.com recommends hiring a professional property management company to take away the stress and the busy schedule that come with running a rental property.
Check the property for air leaks
Your main priority should be keeping the tenants happy and you can do this by running preventive maintenance checks on the property. Perform an inspection of the home and look for air leaks which reduce the amount of energy that is being wasted. If the home has doors and windows which are not sealed properly, then all the cool air produced by the air conditioners will escape. Hence, fix these leaks and reduce the strain on your unit. It will also help bring down the monthly cost of energy.
If you overlook the issues in the property at this stage, you will end up incurring a huge cost for the repairs at a later point of time. A well maintained property can attract tenants and will ensure that the tenants are happy with the property they reside in.