All landlords and property must put emphasis on efficient rental property maintenance. After all, well-maintained properties attract more tenants. As per Kanat Sultanbekov, timely property maintenance can go a long way in not only protecting the condition of the property, but may also help in reducing property vacancies. Property maintenance can also help improve the relationship between the landlord and the tenants.
Kanat Sultanbekov offers valuable tips for rental property maintenance
All property investors and landlords would want to make sure that they are able to enjoy the highest return on investment for their rental properties. However, there are multiple factors that can impact the ROI, including vacancy rates, market conditions and financing costs. Maintaining the value of the property is also another important factor, and to do so keeping the property functional and well-maintained is important.
Here are a few best practices and tips for rental property maintenance:
- Check for water damage: Landlords must take a look around the property and check for water damage. They should especially check around the toilets, under the water heater, as well as near any other plumbing fixtures that could leak. Effectively diagnosing the cause of water damage early can save the landlord from costly repairs down the line.
- Call an exterminator: Calling in an exterminator periodically can save landlords a lot of hassle. Hiring an exterminator can seem like a waste of money if there is no visible problem on the property. However, it is vital to understand that early detection could save the property from an infestation. An inspection is unlikely to cost too much but can provide much-needed peace of mind to the landlords, especially if their property is located in an area where termites and vermin are common.
- Change the filters: Landlords should try to replace the furnace filters of their rental property once every six months or so. Captured dust and debris often end up clogging the filters. A highly clogged filter can be a fire risk, and hence changing them in a timely manner is very important.
- Test the smoke detectors: This is a fairly simple yet important property maintenance job, which involves carefully testing all the carbon monoxide and smoke detectors at the property and replacing their batteries if needed. Doing so makes the property much safer and can even prevent legal problems in the future.
- Do a thorough cleaning: Landlords should ensure to thoroughly clean the property inside and out between tenants. It does not take much time for dirt and dust to accumulate, and not cleaning it for an extended period may worsen the problem. If a landlord does not have enough time, they can even hire a cleaning crew between tenants.
As per Kanat Sultanbekov, rental property maintenance does require a good deal of work and effort, but landlords can prevent themselves from getting overwhelmed by staying proactive and handling maintenance tasks on a regular basis. Creating a proper maintenance schedule would help make sure that they are not scrambling to complete all the important upkeep tasks in a hurry.
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