Property maintenance is necessary to keep the house in a good condition and helps to save the landlord’s time as well as money in the long run. Regular attention can make it easier to keep a track on the things that are out of order and allows you to take the required actions on time. Every tenant looks for a well-kept house and you can also enjoy a higher occupancy rate by having it upkeep. However, there are some Do’s and Don’ts of property maintenance that the landlord should know:
Stage And Upgrade
A staged and well maintained property looks more presentable and the prospective tenant may rent it quickly. Keep the staging simple so that the tenants have enough room to make changes according to their needs. Upgrade the house with modern amenities by replacing the cabinet handles, installing new lamps and changing the faucets in kitchen as well as bathrooms.
Schedule Regular Repairs And Maintenance
Regular maintenance can get a better hold at the problems which can be taken care of instantly. A property maintenance company can be hired to take care of the repair work. The landlord is responsible to keep a check on roaches or pest infestations, leakages and cracks in the walls as well as flooring. If the safety standards are not up to date, the landlord can be asked to provide with new locks, smoke detectors etc.
Invest In The Curb Appeal
Investing in curb appeal plays an important role in attracting a large number of tenants. Most renters base their decision on the first impression they get from looking at the property. If the house looks attractive from the end of the street, more tenants will be drawn towards it. Make sure the exteriors are given equal attention like the interiors.
Take Advice From A Lawyer
A detailed lease agreement is a must to avoid any disputes in future. Take help from a lawyer who is up to date with the state laws to formulate a document that clearly states the issues that the landlord shall address. If the damages are beyond repair, the tenant may be liable to pay for them. You can also claim to keep a part or whole of the security deposit in case of heavy damages like broken windows or cracked floor.
Know Your Responsibilities
Every state has its own laws that define the landlord’s duties for maintaining his rental property. The property should have the basic provisions like heating/cooling system, water and electricity. If you plan to visit the rental home for repair and maintenance, you shall notify the tenant 24-hours prior to the scheduled visit.
Do Not Delay The Repairs
If you delay the repair work, you may be piling up your expenses for the future. Small issues may turn into bigger problems if not dealt with for a long period of time and may also cast a negative impression on the tenants.
Do Not Let Your Tenant Do The Maintenance
The tenants may not be skilled enough to make a repair and they may end up getting hurt. You should make it a point that the residents inform you about even the smallest of problems so you can address the issue as soon as possible.
Do Not Look For Short Cuts
Temporary fixes do not last long and you may have to deal with a bigger repair later on. Thus the landlord should find a permanent solution for the issues. Use good quality materials and appliances in the house. If you realize that the refrigerator or dishwasher is old, you can replace it before it breaks down or cause inconvenience to your tenants.
Do Not Hide Anything From The Tenants
If you wish to develop a positive relationship with your renters from the start, try to maintain transparency. If the house needs some important repairs, inform the tenants before they move in. In case you do not want your tenants to bring in pets, smoke indoors or repaint the walls, you shall inform them before they sign on the lease agreement.
Do Not Forget To Get An Insurance
Insuring the property can save you from unexpected losses due to fire, theft or natural disasters. The amount of insurance may vary depending upon the size and location of your property. Installing safety measures such as smoke detectors and anti-theft alarms can reduce your insurance costs.
Go through the above mentioned do’s and don’ts before you start with property maintenance to avoid costly repairs.