Being a landlord can be tough, but you can make it easier by being proactive. So instead of waiting until problems come up, you need to curb them as early as possible. The same thing can be done about the state of your rentals. Never let problems be apparent and visible, keep your rentals at top conditions, and your time as a landlord could be much easier.
That being said, you still have to be careful with how you spend your budget. Not every repair is made equal, as some as more important than others. If you can be both efficient and effective at keeping your rentals at top conditions, your revenue stream will always be stable and even keep improving.
No tenants want to deal with nasty bugs and rodents. Many rentals have received complaints due to some kind of infestation, and you certainly don’t want to be in the same boat. But pest control can also be annoying for both landlords and tenants, especially tenants. Pest control during a lease term can disrupt many things and ruin comfort.
Again, the key here is by being proactive. So, you can make sure that the rental is free of all bugs and rodents before a tenant moves in. You should be able to provide a habitable and safe place for tenants before a contract has been made. Then, you can place the responsibility of keeping the place clean on the tenant.
Being ahead is very important when it comes to pest control. Especially if you want to avoid major problems with the whole structure of your rental property. At least try to have an exterminator come and check the building regularly to make sure everything is safe and clean.
Hire a landscaper
When potential tenants come and check the building, the first thing they see is the front of the building, including the landscaping. If the landscaping is unmaintained and dirty, people will think that the inside of the building is in the same condition.
Good landscaping offers a visually appealing space for everyone, helps cool the neighborhood from the summer heat, absorbs noises, traps pollutants in the air, increases property value, creates an inviting place for new tenants, and many more. The benefits you can from maintained landscaping are immense and too good to pass up.
Fortunately, you don’t have to do it yourself. You can always hire a landscaper to help you. Depending on the size of the area, you may need to hire multiple landscapers.
It is a nightmare for tenants when the water heater isn’t working. And believe me, you will receive many complaints when that happens. A water heater, despite its function, is often overlooked when it comes to a rental property maintenance issue. And the thing is, replacing a water heater is expensive, and letting a broken water heater keep working can be even more expensive.
This is why you need to keep monitoring the water heater in the building. Adjust the thermostat to the proper temperatures to prevent scalding. Ensure that there is enough clearance around the tank and drain it a few times a year to prevent sediment build-up.
Perform routine inspections
Ultimately, routine inspections are something that you have to do. Routine inspections can prevent so many problems that otherwise hurt your reputation as a landlord and cost you a lot of money. You can effectively and efficiently increase the longevity of your rental property.
These inspections usually involve checking for things like broken windows, rotting wood, full gutters, pest infestation, water leaks, insulation problems, broken light fixtures, and more. While tenants tend to miss little problems in the building, don’t wait until they notice those problems. Tenants shouldn’t be taking an active role in property maintenance.
By regularly monitoring the exterior and interior of your rental property, you can keep your rental business going and attracting new tenants.
Keeping your rentals in top conditions is essential. It should be on top of every landlord’s priority list. It is also important to keep all your tenants happy and comfortable. Think of it as a long-term investment that can keep your rental business going for practically forever.