5 Property Maintenance Tips That Help Landlords Save Money

Doing constant maintenance on your property can help you figure out a small problem before it becomes a large expense and that’s the big trick behind saving money on taking care of your property. Here are a few maintenance tips landlords can follow to help save money in the long run.

#1. Fumigate Monthly

Even if you hardly have problems with rodents or insects, you should fumigate monthly to prevent such problems from developing. Do not limit the fumigation to only one apartment or room; the rodents and insects can easily travel to another part of the property. While you might consider doing this yourself, it is most advisable to leave it to the professionals.

#2. Check for Leaks and Water Damage

You can check for leaks after a rainy storm, as it is the best time to find the problem. Check for soft spots on the ceilings, roofs, and walls. Also search for signs of water around the windows, showers and toilets, under boilers, sinks and water heaters. Continuous leaks can completely damage walls, ceilings and your tenants property too.

#3. Examine shower sealings and the cement between tiles

Over time, the cement between titles can crack and the sealing surrounding the tub can loosen. Whenever this occurs, you no longer have a waterproof seal and water can penetrate through and damage the surrounding floors or walls.  As soon as you notice any holes or cracks, replace the sealing and cement to prevent water damage.

#4. Flush your water heater

You should drain your water heater either once or twice a year. This is to remove the sediment that develops in your unit from the municipal water supply. When sediment develops, it can reduce the effectiveness of your water heater and replacing a water heater can be very costly! Be careful, and follow the correct procedure for draining your water heater. You can hire someone if you don’t feel comfortable doing it yourself.

#5. Test all smoke and carbon monoxide sensors constantly

Examine these devices monthly to make sure that they are working effectively. Both hard wire devices and battery operated devices should be tested. Create a schedule to test them when you’ve collected rent or at times that are suitable for you. These devices are so essential because they save lives. If there is a fire outbreak in your building and these devices are not working properly, you could face some legal action.