Involving Your Tenants in Property Maintenance

Rentals have always been seen as a great way to make money out of your investment. In case you run a business in the property management rentals you will see that not only money investing is involved in the business, but also a lot of work related to property maintenance and updating.

This is why you should take into account the fact that your tenants should always be satisfied with the aspect of the building they have rented, be it in commercial for purposes or a residential home.

The person who is put in charge of the property management rentals will at al times make sure that the maintenance costs are kept low whenever possible. By performing an adequate property maintenance both on the outside and the inside, with a preventative checking on regular basis, you could avoid spending huge sums of money for damages that are the results of neglected minor problems.

For instance, you could run a regular inspection of the roof, in this way avoiding the shingles to be replaced as well as the entire roof, this being pretty expensive property maintenance. Throughout the years these minor repairs can be done to prevent bigger damages. The same can be taken care of when it comes to the basement where the piping system or outside with the fencing perimeter that needs the minor repairs to be fixed.

A regular property maintenance that includes preventative check ups will require some time to be spent twice a month which is not that much compared with the amount of money that can be saved on the long run when adequate property maintenance should be provided.

When the property is under renting, then you should as well select responsible tenants to take care of the asset with that minimum of common sense considering that they are the ones to populate the building and the way they take care of it is the way they will further benefit of it.

You can as well encourage them to general clean the building periodically reducing the costs of the rent for them. Unfortunately there is no guarantee that the tenants will follow the agreement unless you keep an eye on the property maintenance yourself. This can be done whenever the lease renewal time has come.

Tenants can always promise to commit to a regular maintenance in exchange for a lower rent, but they can as well neglect the commitment, although the maintenance is about cleaning the gutters or simply patch the water pipe which has a leakage. Neglecting these problems for a longer period of time you would definitely pay more unless the problem is not fixed in due time.