Good planning and smart decisions can make Raleigh rental property maintenance more manageable. Here are four ways to decrease your maintenance expenses and maintain high tenant satisfaction.
1. Budget
Being caught unprepared for an emergency or maintenance request is the worst thing an investment property owner can do. To prevent this, save some money each month so that when an unforeseen issue arises, you’ll be ready. Aside from that, if you use that fund for repairs, you can reduce costs by avoiding credit card usage and interest payments.
2. Understand the law
It may sound easy sending someone to fix a problem at one of your properties. But there are some repairs that require a licensed professional with credentials. If you don’t use one, you might violate a government regulation. Furthermore, for most repairs communication between the landlord and tenant must be documented in order to avoid lawsuits. The bottom line is that make sure you know the rules and regulations first before carrying out any action.
3. Answer the phone
Regardless of what time it is, answer the phone every time your tenant calls. You’ll have satisfied tenants if you respond to your Raleigh rental property maintenance requests on time. Not only that, but you’ll also get the chance to handle the issue before it worsens. A well-kept property can attract quality tenants in the coming years.
4. Prepare for a show
When switching tenants, be sure to do all the small yet necessary touch-ups before you show the property. These touch-ups include switching out filters and light bulbs and performing detailed carpet and window cleaning. Maintenance should also be performed on all utilities and HVAC. Regular maintenance between tenants makes a difference in keeping your home in good condition.
Would you like to learn more about how to help keep your Raleigh rental property maintenance costs low? Please contact us for more information.