Budget-Friendly Maintenance Hacks for Landlords
Posted on 2nd July 2024
As a landlord, keeping your rental properties in top condition is essential for both tenant satisfaction and the long-term value of your investment. However, maintenance costs can quickly add up, eating into your profits. Fortunately, there are several budget-friendly maintenance hacks that can help you save money while still ensuring that your properties remain in excellent condition.
Regular Inspections: Performing regular inspections of your properties can help you identify potential maintenance issues before they escalate into costly problems. Letting Genie schedule periodic walkthroughs to check for signs of wear and tear, leaks, or damage. Addressing issues early on can prevent them from becoming more extensive and expensive to fix down the line.
Encourage Tenant Responsibility: Educate your tenants about their responsibilities for basic maintenance tasks or reporting minor issues promptly. This can help to prevent small problems from turning into larger ones and reduce the need for costly repairs.
Embrace Energy Efficiency: Investing in energy-efficient upgrades, such as LED light bulbs or programmable thermostats, can not only save you money on utility bills but also reduce the need for frequent maintenance.
How Letting Genie can help.....
We will manage contact from tenants relating to maintenance requests.
Emergency issues are reported to us by telephone, whilst routine issues are reported using our online maintenance reporting system.
All requests are treated seriously and verified to establish as much information as to cause and liability. Not every request for maintenance is the landlord's responsibility.
We have our own approved contractors who can deal with any maintenance issues. We can use your own nominated contractors.
You will be kept informed of maintenance issues arising at your property.
Our service also includes managing routine certificate renewals.
If you are planning to invest in property or are thinking about changing your letting agent, we would be happy to chat to you and give you some advice or quote for a bespoke service that meets your specific needs.
Please get in touch.
Letting Genie: Letting agents for Milton Keynes, Bedford, Rushden and surrounding areas.
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