Sometimes a tenant will be in a rental property for a full year without any huge maintenance costs, and that’s great. But that’s also the best case scenario. Chances are, appliances will break, floors might need to be replaced, and a leaky faucet will need to be repaired. Instead of hoping for the best, when it comes to maintenance issues, landlords should prepare for the worst. Our team at Specialized Property Management understands the ins and outs of home repairs and how to respond in case of an emergency at your rental unit. As the preferred Plano property management company, we have over 30 years of experience in proper maintenance. Here are a few suggestions on how to keep maintenance costs down and tenants happy.
Save it For a Rainy Day
Landlords should set aside the equivalent of one or two month’s rent to pay for needed expenses. That way, if a repair is needed, it is not an unexpected sum that has to come out of your vacation fund.
Know Your Property
If the rental property you are leasing is older than 15 years, there is a good chance you will have to spend a little extra money maintaining it. That’s ok, but take the time to get to know the quirks and traits of your property before tenants move in. Do the windows stick? Does the toilet run? Is there a post on the fence coming loose? Make a list of items inside and around your property that may not need to be replaced yet, but could in the near future.
Respond to Tenant’s Maintenance Requests Quickly
If an issue does arise, have a line of communication always available for your tenant. Take care of the problem as soon as possible and make sure you are in compliance with all laws and regulations. For instance, if an appliance such as the refrigerator breaks, you usually have anywhere from 14-30 days to arrange to have it repaired or replaced.
Our experts at Specialized Property Management know that sometimes it’s impossible to be on call 24/7 for your tenant’s maintenance issues. Within our property management company, Plano residents know they can find professionals eager and willing to help. Specialized Property Management offers our clients a 24/7 live hotline to handle any emergency your property might have. Our team has streamlined the maintenance process to ensure no phone call from a tenant goes unanswered. We are here to help. Put us to work for you today.