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Real Estate Accounting 101: Everything Landlords Must Know
Real estate accounting is an essential part of running a rental property business, no matter the size of your portfolio. Whether you...
Regular maintenance visits go a long way toward protecting your rental unit(s). You can’t fix issues you don’t know about, and small annoyances can become major costs over time. Why not get ahead of potential problems by conducting seasonal maintenance checks?
In this article, we’ll outline specific indoor and outdoor tasks landlords should complete during spring to keep your rentals in bloom for years to come.
After you’ve given your tenant(s) proper notice that honors the covenant of quiet enjoyment, head inside the unit to begin your inspection. Start with the most common issues:
To check the HVAC system, Angi suggests:
If you don’t feel comfortable tackling these check yourself, find a reliable handyman in your area to help.
Next, move up to the attic and work your way down. Starting with your attic or upper crawlspace, be on the lookout for signs of pests, including disrupted insulation or areas of discoloration. Contact a pest control company if need be. Next, examine the rafters – if any are sticking through the insulation, feel free to add more. Finally, look for “discoloration, cracks, and other signs of water damage, leaks, or mold in your attic and on ceilings and walls,” Angi says.
Once you’ve checked off everything on the interior to-do list, it’s time to head outside.
Winter storms can wear away even the most pristine exteriors. That’s why inspecting key outdoor areas for damage can help you nip structural issues in the bud.
Angi recommends checking:
Pro Tip:
Aren’t sure when to bring in an expert? Angi says any cracks in the foundation larger than a dime warrant a specialist.
If you’re looking to go beyond the basics, the experts at HGTV and Family Handyman compiled a list of tasks all landlords should consider:
Did You Know?:
If your rental is plagued by insects like ants or black flies, there are natural bug repellents you can use to keep everything in tip-top shape.
To further protect your rental properties and streamline how you find, screen, and manage your tenants, sign up for TurboTenant’s free rental management software! Our all-in-one platform has the marketing, lease creation, rent collection, and maintenance messaging you need to streamline your rental property business.
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