You're not alone if you're a property manager managing your own property. Approximately 40% of landlords manage their own properties.
Some managers handle maintenance, advertising, and leasing. Understandably, it can feel like there's a lot to do regarding your rental property and so little time to get it done.
Below are some property maintenance tips to help you keep your property in good shape. Read on if you'd like to learn more.
Carefully Screen Your Tenants
Something constructive to know as a landlord is to screen your tenants. Vetting your tenants will help you see if you can trust them to take care of the rental property.
Screening your tenants can be as simple as taking time out of your day to speak with them. Ask them about what's going on in their lives; often, they'll do a little tidbit that tells you if they're organized and responsible.
Even the most careful tenants sometimes damage windows, walls, cabinets, and the like. The idea is to get a feel for how much maintenance you can expect to do behind the tenants.
Review Policies With Tenants
Each time you get a new tenant, it's a good idea to review your rental policy instead of reusing your old one. Sometimes an old tenant may do something that requires a policy change.
For example, you may have a new policy about guest restrictions and regulations. There may be new rules you want to implement or remove from your policy, and tenants need to be made aware of the changes.
Repair Damage As Quickly As Possible
The second of our rental property tips is to assess the damage e as soon as a tenant makes you aware something is wrong. Waiting too long to deal with maintenance issues makes you look like a poor landlord.
Sometimes, the longer things stay broken and in disrepair, the more difficult it can be to fix them. It's best to take care of rental maintenance problems as quickly as possible.
Make sure you search for the best contractor repair quotes. There's no need to spend more on maintenance than necessary.
Check In With Your Tenants
Another maintenance tip we'd like to share is to check in with your tenants every so often. You don't have to stop by the rental property, but you can text every other week or so to check if the tenants are having issues.
If you keep up with what your tenants are doing, you can head off more challenging maintenance issues before they become more problematic.
Consider Hiring a Property Manager
Perhaps one of the best rental property rental tips you can adhere to is hiring someone to look after your property. It can be difficult to manage all the complications of being a landlord.
But a property manager is another expense you'll have to handle. It may be best to hold off on hiring a property manager if you can conduct maintenance independently and don't have additional funds.
Keep Tenants Happy With These Property Maintenace Tips
Make sure you screen your tenants and check out maintenance issues as soon as you're aware. Remembering tenants updated with your rental policies is another crucial maintenance tip.
If you're looking for more rental property tips or to attract tenants, contact us at Maxfield Property Management for assistance. We service the Salt Lake City, Sandy, Draper, South Jordan, and Murray areas.