Should You Do Maintenance Yourself?
It’s important to know when you need to call for backup. If you’re handy with electrics but not sure what to do under the kitchen sink, you may want to book a plumber instead of taking on major repairs yourself. Sometimes, a simple drywall patching job has major rehab written all over it. But if you’re not familiar with the warning signs, you may be in for a big surprise. When in doubt, it’s smart to have a pro write up an estimate — you’ll have a better idea of the project’s scope before you begin, and can hand it off to the experts if it looks bigger than you thought.
What Types of Maintenance Should Your Tenant Be Responsible For?
You know how much your time is worth. And sometimes, with low risk projects it may be more cost effective for your tenant to take on a task, if they’re willing. Find out how seemingly simple jobs should be left to the pros and learn about when it may be acceptable for your tenant to take on a task for a discount on their rent. Other obligations like shoveling snow and lawn maintenance need to be spelled out in your lease, or you may have trouble getting your tenants to comply.
What Is Considered Normal Wear and Tear?
As a landlord, it’s up to you to make a determination on damage and to document issues so you’ll have material to present in small claims court, if it comes to that. When performing your move out inspection, remember that your place will depreciate — or age — over time. Each tenant’s going to wear the rental down a little more than the last one. By carefully reviewing the condition of the space at each lease renewal, you can assess whether wear and tear is normal or if it’s the tenant’s doing.
Landscaping Tips to Save Money and Water
If you’ve got a large, multi-family rental, odds are that beautifying your rental property can get expensive. Between hiring landscapers to maintain mowing grass or managing snow, there are ways to get the most out of your landscaping dollar. Investing wisely in plants that consume less water and preventing evaporation with mulch can help to keep those costs down even more.