How to Deal with Property Maintenance? 5 Tips to Know
Landlording
is not a child's play. From property maintenance to addressing
tenant's issues, it is a demanding and stressful job.
If you are new to landlordship, there are certain things you must look after. One of the most important things includes property maintenance.
In this article, we will walk you through 5 ways to deal with real estate maintenance. Let's dig right in -
1. Keep preventative maintenance schedule ready -
Naive
landlords must know that preventative maintenance could double their
costs of repair. Nevertheless, it can be avoided by creating a
schedule for preventative maintenance.
We recommend adding a clause that requires an occupant to inform about any problem beforehand. Also, make it a habit to inspect your property once every three months.
Prior to
the tenant's occupancy, ensure documenting the condition of your
property or apartment. You can have a move-in or move-out checklist
to keep a track of everything.
Take videos and photos of your property to avoid any altercations for repair and maintenance. If there are wear and tear or any form of repair required, you can deduct the amount from the tenant's security deposit.
When it
comes to curb appeal, don't go overboard. Simple landscaping can
attract more tenants and it will leave little room for regular
maintenance.
This is an added advantage as it will allow tenants to customize the landscaping as per their choice.
Do you
know keeping everything the same could save you lots of time? You can
standardize paints, appliance, hardware, and flooring and save the
hassle of upgrading every time.
Moreover, using the same color on the property will help you remember the unit and associated tenants.
Well, if
you are new to landlordship, you can consider taking professional
help. They will help you with property maintenance and other
pre-requisites.
Also, make sure to connect with local building authorities to ensure that you are following the guidelines correctly.