The Importance of Routine Home Maintenance

Help Your Home Stay in Excellent Condition

A well-maintained home retains its appeal and usefulness for a more extended period, improving the quality of your rental property without breaking the bank. Property managers work with trusted contractors and technicians to ensure the systems in your rental property give you durable years and reduce the frequency of repairs and replacements. The last thing a property owner wants is a call in the middle of the night for a leaking roof or damaged water heater. We discovered that responding to routine maintenance with preventative inspections, treatments, and cleanings preserves the condition and value of your property. While significant repairs will always be needed, ongoing maintenance dramatically outweighs the costs.

Avoid Expensive Emergencies

Rental properties are solid income-generating businesses with the proper care and maintenance. An emergency call from a tenant to repair damages is not something to be taken lightly, especially if it's a flood or fire hazard. Whether dealing with a roof issue, water heater damage, or plumbing problems, the frequency of such emergencies reduces when you schedule regular maintenance inspections. Still, failure to address minor issues can lead to significant problems that take money out of your pocket.

Deferred Maintenance is Expensive

Most property owners tend to postpone maintenance until there's a problem, but the cost of delayed care is higher than scheduling regular inspections with a reputable technician. Maybe you don't feel a sense of urgency to handle a leaky pipe, or it seems easy to put minor repairs on the back burner; those issues only get more expensive and more complicated to repair with time. Sometimes it can be challenging to keep up with routine maintenance issues, but a property management company can guarantee tenants instant repairs as soon as something breaks.

Earn Higher Rent

The primary goal of owning rental property is turning a profit, which can only be achieved by increasing property value over time. Although the market has a say on what you can charge in rent and what your property's worth, regular maintenance is a great way to ensure you don't lose money on your investment. Maintaining curb appeal, appliances, systems, and landscaping allows you to charge more rent. Tenants are willing to pay more for an updated, modern home in good condition.

If you want to invest in rental property, routine maintenance will improve your experience, the tenant's rental experience, and the asset's overall value. Contact us at 3 Options Realty, and schedule a consultation with our team of experts. We guarantee exceptional property management services at competitive market rates.