Being a property owner also means you should be responsible for ensuring that you conduct property maintenance, especially if you accept tenants. Property maintenance is a preventive action to keep your property safe, functional, and in its best inhabitable condition.
To help you maintain a good-looking and safe property, here are a few must-know tips you must consider:
Ask For Professional Help
Sometimes doing property maintenance tasks can be challenging and includes a wide range of responsibilities, especially for busy owners who only have a little time to attend to their property needs. It’s also a never-ending task. That said, there’s no shame in asking for professional help from a property manager.
Hiring a property manager is a great idea to assist you in ensuring tenant satisfaction in your property and overseeing the state of your property. Also, they may perform other duties for you, like filling vacant units, resolving tenant concerns and issues, advertising, and more.
In 2022, there was an increase in property management employment in the US. As shown in the statistics, the usual property management firm has had more employees than it usually had five years ago since employment increased by 1.8% between 2017 and 2022. At the same time, the salary of property management employees also increased. Two main factors of the increase in employment are because they value their work and think property owners are priorities. Thus, they do property inspections often, help advertise, do repairs, process maintenance, and others to provide necessary help in growing the property.
In Australia, property owners have two options for getting help managing their properties when they have it for rent. They could ask for help from a real estate agent or property manager. A survey shows that 80% of Australian property owners hire property managers’ services, especially in collecting rent and planning out the property maintenance work.
To learn more about the perks of hiring a property manager, ensure you reach out to reliable and skillful companies like Arnold Property Management, especially if you’re around Newcastle, Perth, Sydney, and the like. This company has expert teams and offers brilliant services to anyone needing a helping hand in succeeding with managing their properties. Thus, you can never go wrong trusting your properties in the right hands and at the right company.
Do Repairs
If you plan to improve your property, you should check for any damages. This way, you get an idea of which area of your property needs the most fixing and attention. Try to assess any cracks on your walls, peeling paint, faulty wirings, plumbing issues, roof leaks, and the like.
Also, check your major home systems, like your air conditioning. Ensure that your air conditioning goes through maintenance repair and assessment annually. It’s a great idea to check them to see potential damage or problems that may become bigger if left unnoticed.
Checking any parts of your home that need repairing could increase the potential value of your property. That way, you prevent your property from experiencing decreased property value and prevent molds from developing since you keep it in trend and in its best condition.
Keep An Emergency Maintenance Fund
If you want your property to last long and fix any urgent repairs needed, ensure that you have an emergency maintenance fund that you can use. If you put your property up for rent, sometimes tenants could damage it, and of course, you must be ready for it.
Some common instances that need urgent fixings like having broken windows and doors, inadequate lock systems, problems with faucets, and so many more. These kinds of property problems don’t happen every day, but they may affect the day-to-day life of a person in your home and may cost a lot too.
Make Cleaning A Habit
Germs, dust, and insects may start to disturb the living state of people on your property if you don’t clean it. Often, dirty areas in a property may also start having an unpleasant scent that may cause distress to people living on your property.
Thus, include in your daily task to regularly clean your property. Don’t just clean indoors; check your outdoor area.
For example, clear your gutter to protect your roof, keep pests away, maintain your home’s foundation, and more. Lastly, mow your lawn to have healthier glass blades and improve its appearance.
Always Check For Areas Prone To Humidity
Humidity, as simple as it seems, may damage your home if left untended. Places like your shower area, bathrooms, and kitchen may be prone to humidity and could have molds develop. Molds, then, can affect the air quality indoors, cause an unpleasant odor, and even rot wood if you have any parts of your home made of wood.
Also, humidity means that heat is held in a certain place. It can give rise to dust mites entering your home, cause allergies, or even trigger asthma symptoms. Take note, too, that too much humidity could cause structural damage to your property, especially if it starts settling in the floors or walls.
Always scrub your bathroom tiles with proper cleaning materials to ensure molds don’t build into your walls and floorings.
Final Thoughts
Maintaining a property is essential as it helps you save extra costs in the future. If you try to wait until your property starts to have a weak foundation, it will be harder to deal with maintenance and renovation costs.
Neglecting huge repair and maintenance areas might also cause accidents. That said, remember to read the guide above to help ensure your property’s safety and longevity and help you attract more potential tenants in the future.