5 Property Upkeep Tips for Those Who Are Investing In A Property
Successful property managers, real estate professionals, investors, and landlords truly understand the value of property upkeep.
Real estate can be a great investment and seeking professional property advice is now more popular than ever.
These men and women understand that a property that’s attractive and well-maintained will attract renters or buyers of the highest caliber.
So good maintenance is something to strive for, and it’s in your best interest to keep on top of everything to avoid your property looking disheveled, run down, and uninviting.
A simple way to assure your property remains safe is performing certain upkeep rituals that guarantee your property will remain in tip top shape.
To learn more about our favorite upkeep tips for property managers, we encourage you to read on to learn the truth. These tips are also perfect for landlords, real estate agents, investors, and everyone else in the property buying and selling game.
Tip #1: Adhere to a Schedule for Property Maintenance
As far as property maintenance is concerned, you’ll have a much easier time sticking to a maintenance schedule if you are organized. This schedule is specifically designed with preventative purposes in mind, and it will help you stay on top of certain maintenance aspects to help property managers and landlords experience peace of mind because they know these issues are being handled on a consistent basis.
How do you know when to perform certain maintenance tasks? Simply put, inspecting your property on a weekly or monthly basis is an excellent way to discover when certain upkeep tasks need to be completed. As you already know, certain areas of the property need more care and preventative maintenance than others, so property managers and other professionals recognize the value of staying on top of this through regular inspections.
As a matter of fact, if you ignore certain areas of your property and do not maintain them well, you can unfortunately lower the value for your property, warns Bighorn Rentals. Obviously, this is something everyone would rather avoid.
A few areas to consider for regular maintenance include landscaping, pest control, floor and wall maintenance, and repairing areas of the property that are visibly aging. To prevent your property from showing the signs of aging, regular upkeep and maintenance is definitely the way to go.
Tip #2: Communicate with Your Tenants
Disrupting your tenants and intruding on their privacy is certainly a surefire way to create dissension, which is obviously something everyone would rather avoid. Keeping your tenants in the loop on certain maintenance and upkeep tasks is definitely the right way to go, whether you have a schedule for maintenance or not. Lack of communication, on the other hand, will cause more harm than good.
As an example, it would be a huge mistake to perform maintenance checks by going into rental units without informing your tenants. This is a violation of their rights and privacy, and not only can it create problems with your tenants, it can also create legal trouble that nobody wants to deal with.
So, to avoid being a really unpopular property manager or landlord, your best bet is to let your tenants know when you need to inspect the property ahead of time. Simply give them a heads up before performing any type of maintenance in the vicinity of their apartment and they will appreciate the advanced warning so they can prepare for your arrival.
On the other side of the coin, it’s best to encourage your tenants to communicate with you as well. If they notice something requiring property maintenance that you haven’t picked up on, have them tell you about it as soon as possible. By getting the tenants involved, you’ll have more eyes and ears on the lookout for potential problem areas, which obviously helps everyone and prevents wasting money, time, and unnecessary aggravations.
Tip #3: Smoke and Carbon Monoxide Detector Testing
Regularly checking the carbon monoxide and smoke detectors is a crucial task for property managers far and wide. Remember, these detectors are there to protect the property and tenants and they are much more than an aesthetic centerpiece to decorate an apartment around.
By regularly checking smoke and carbon monoxide detectors, you’ll ensure the property is protected if the worst were ever to happen. On the flipside, if you neglect this important task, your tenants will be susceptible to real danger and the property will be susceptible to serious damage. This is obviously something you’d rather avoid, so make carbon monoxide and smoke detector testing one of your highest priorities.
Tip #4: Repainting Your Property
Does the exterior of your property look ugly due to old paint? It’s possible the exterior paint is cracking, chipping, and falling off. Obviously, this is going to seriously decrease the value of the property and make the rental units look unappealing and uninviting. This will not bode well when it’s time to show rental units to potential new tenants.
So, as part of your regular property maintenance checks, we recommend thoroughly looking over everything from the exterior to the interior as far as paint is concerned. If the paint looks old and faded, it’s time to repaint. If it’s chipping or cracking, it’s time to put on a fresh coat of paint to cover up these ugly blemishes.
Tip #5: Air Filter Replacement
By making air filter replacement a regular activity, you’re going to prevent clogged air ducts from ruining your heating and air-conditioning system. As a matter of fact, if you neglect to replace your air filters, you could potentially clog the system and your tenant will have to go without cool air or heat for a time while service is underway.
Would you like to avoid this major pitfall? It’s easy to do. Just remember to replace the air filters on heating systems and central air-conditioning systems every six months. Once this becomes a regular part of your routine, you’ll never have to worry about clogged heating and AC units again because you’re staying on top of this task and doing the right thing to prevent an unpleasant and expensive issue from springing up in the future.
As you can see, property managers definitely have their hands full as far as property maintenance is concerned. Even though all of these tasks are incredibly important, it’s easy to accomplish them once you’ve established a scheduled maintenance upkeep routine.
Please do yourself a huge favor and take these suggestions to heart. You’ll come back and thank us once you’ve eliminated your maintenance and upkeep headaches. In fact, please feel free to comment below and share your favorite property maintenance and upkeep tips with our readers. We’d love to read about your valuable insight!