There are so many things to keep in mind when you own rental properties. Whether occupied or on the market, the “to-do” list can seem never-ending. And, it basically is. Remember, it’s not just a house that you (& the bank) own, that someone pays you rent to live in. It’s a business. It’s “time to make the donuts” as it were. Changes in the seasons always mean work for the diligent landlord that stays on top of every aspect of their investment. That said, we here at Carod Properties thought we would be remiss in our obligations if we didn’t remind you of one of the more important tenets of the business world, “If you’re not an expert at it, hire someone that is.”
For example, spring cleaning for a landlord (for your properties, your home is another story) include:
- Complete inspections of ALL of your properties
- Roof and gutter maintenance
- Inspection HVAC systems
- Chimney cleanup
- Interiors (while much of this is the tenant’s responsibility, things like plumbing can take a beating during colder climates and should be inspected for optimal service throughout the year)
…and that’s just for starters. Add to that, multiple properties. It can be overwhelming. So, as the close of our Spring Cleaning series, we want to remind you of the benefits of hiring an expert. In this case, a property manager or management company. Let’s say that you feel fully capable of minor or even major repairs, light electrical, or any of the myriad of other things that we’re always advising are an integral part of real estate investment. Great! But, if investing is something you do as a supplement, you may find it little time consuming and, again, a bit overwhelming. There are many things that just won’t wait until you, “get around to it”.
That’s why we strongly advise that you consider hiring a property management company like Carod Properties to handle all the pieces of the process instead. They’ve taken the time to build relationships within the communities they serve and have lists of vetted and trustworthy vendors who will handle the maintenance and cleaning for you. Additionally, a property management firm can arrange regular seasonal inspections so that your property is maintained year round, allowing you to spend more time enjoying life and less time worrying. Now, how’s that for service and expertise? Contact us today to find out more!
