5 Maintenance Tips To Keep Your Real Estate Rental Property In Top Shape
Every homeowner wants their house to look great. However, rental properties sometimes don’t receive much TLC from the owners.
It’ll be hard for you to have a stable income if you don’t keep it in top shape. So, if you own a rental property, you have to maintain it, unless you want your tenants to keep on leaving.
You should know that investing property gives you the responsibility of caring for it. Here are some tips on how to do it:
The landscape of your front yard is the first thing anyone from the outside will see. Whether it’s you, possible tenants, guests, or neighbors, all of you will notice when it’s time to do some landscaping.
It’s essential to have a well-kept yard because it increases the value of your home. It will also help your rental property to look inviting so you can easily attract tenants when you need some extra income. You can hire a professional landscaper, or you can do it yourself.
Here are some things that you can do to improve the curb appeal:
- Removing weeds
- Mowing the lawn
- Adding bushes, hedges, or planters
- Painting the fence
- Fixing the pathways
- Painting the front door
2) Keep Water Out
Water is one of the causes of damage in your rental property. Damaged plumbing or the weather can cause it. Whatever it may be, you can prevent water damage by checking and doing these things:
- Seal Windows and Door Gaps
Close the doors and windows of your rental property and check any gaps. If you find any, make sure to seal them with weatherproof sealant. It doesn’t only keep the water out, it also keeps the cold or heat from coming in or out.
- Fix Damaged Roof Shingles
When there’s a problem with your roof shingles, when rain or a storm hits, water can penetrate through. When it does, it can cause dampness on your ceiling which will eventually turn into a bigger problem: molds. Fix it immediately before the rainy season starts.
- Unclog the Gutters
When water outside your rental property seems to rise during rainy days, you should check your gutters. It could be clogged up, which prevents the water from flowing into the drainage. If the water continues to rise, it could eventually enter your home, especially if there’s a downward slope from the street to your house.
3) Maintain Trees
Having trees in your rental property has its advantages and disadvantages. It’s good for the environment, it provides shade, and it adds to the curb appeal. However, unchecked trees can cause a lot more damage than you’d think.
To prevent those damages, you should:
- Remove Dead Limbs
Low hanging branches or dead ones can potentially cause accidents. It could get in the way of people or vehicles if it’s near the sidewalk. When it breaks and falls, you’ll be responsible for the problems it’ll cause. You better cut off potentially problematic branches regularly, so it doesn’t lead to more costs.
- Cut Off Rotting Trees
If your trees seem to be dying or rotting at the bottom, it’s time to cut them down. Don’t wait for it to fall and wreck your rental property. It will cost you less money to cut off the threat, so you don’t have to deal with its major repercussions.
4) Conduct Routine Inspections
Real estate property maintenance requires routine inspections. You need to address the problem areas as soon as you can before any significant damages occur. For this, you need to keep an eye out on things that require regular maintenance, such as:
The HVAC System
- Needs full cleaning
- Replacement of old or worn parts
- Replacement of air filters every month
- Reseal HVAC ducts
The Plumbing System
- Check for clogs
- Repair any broken parts
- Make sure there are no leakages
- Check the speed at which water drains
- Replace or tighten loose or leaky fixtures (showerheads, faucets, etc.)
The Electrical System
- Examine breaker panels
- Check for loose wiring
- Check for burn or scorch marks
- Test outlets
- Check for buzzing or crackling sounds
- Test for carbon monoxide presence
5) Pest Control
Pest control is your responsibility before a tenant rents it. But after somebody moves in the house, it is now their job to keep the pests away. Pests or rodent infestation can cause damage to your real estate property, as well as the tenants health. Make sure to hire exterminators before you rent it out to someone.
A real estate rental property that’s in top shape is attractive to tenants. It increases its value and lessens the amount of vacancy time. As the owner, you should keep it well-maintained so you can earn income as soon as you can. Invest some money and effort so you can keep your tenants happy.