Maintenance Tips for Your Rental Property

Do you own rental property? If so, maintenance is critical to guarantee lease renewals and a high return…

Do you own rental property? If so, maintenance is critical to guarantee lease renewals and a high return on investment (ROI). As a landlord, your aim should be to improve the quality of your property, hence the need to prioritize routine inspections and maintenance. However, many people lead busy lifestyles, taking a hands-on approach to rental upkeep challenging.

At 3 Options Realty, we leverage extensive knowledge and experience to help you make the most of your investment. Our certified property managers ensure consistent watchfulness, excellent record-keeping, adherence to timelines, and a vast network of reputable vendors and technicians. Here are tips to help ease rental property maintenance.

Embrace Routine Repairs

When you venture into the real estate space, embracing periodic repairs is your maintenance responsibility. If a tenant experiences a problem, act fast and be proactive with preventive maintenance. This goes a long way to mitigate further deterioration and prevent significant expenses in the future. Landlords and property managers must handle repairs and renovations, saving thousands of dollars and building a good relationship with tenants. Embrace preventive maintenance and routine repairs so they don’t wreak havoc later.

Ensure Basic Amenities Are Working

Landlords must ensure all heating, plumbing, gas, and electrical systems function optimally. This applies to all appliances included in the lease, including the HVAC. Malfunctions in these areas can harm your property and tenants, causing legal liabilities. Once a tenant reports system damage, hire a professional to handle repairs immediately. If you choose a more hands-off approach, consider working with a trusted property management company. As mentioned, we have a vast network of technicians and vendors you can leverage for professional maintenance.

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Help Keep Property Clean and Free of Pests

Several factors to consider regarding hygiene and pest prevention: supplying enough dumpsters, regular pest control, and landscaping. As a rental property owner, provide tenants with a habitable and safe environment. Having garbage all over the premises not only affects curb appeal, but attracts vermin to wreak havoc. These conditions result in higher tenant turnover, lower ROIs, and legal action. You can avoid such scenarios by cleaning your property or leaving all the heavy lifting to a professional property management company.

Maintain the Property’s Common Areas

Many landlords with multi-unit properties often leave maintenance of common areas to tenants, which shouldn’t be the case. Some of the elements in your common spaces to look into include gates, floors, lighting, gates, and the general exterior. These may seem like minor issues, but they can tremendously improve the quality of life, minimizing turnover. However, maintaining common areas is easier said than done, especially if you own multiple properties. If so, hire a property management company for professional help.

While there are many ways to maintain a rental property, these tips are an excellent starting point. Contact us at 3 Options Realty and schedule a consultation with our representatives. At competitive rates, our property managers work with you to enhance the quality of life for tenants without compromising your ROI.