Fix minor issues to prevent big ones. It is one of the tenants’ responsibilities to report maintenance when it occurs throughout their leasing period. It is very important owners do not ignore maintenance requests – this benefits the tenants but also fixing minor issues as they occur could be more economical in the long run as leaving items unrepaired could result in one big repair and could result in a higher price to do so, for example a worn washer could turn into a whole tap replacement if not repaired in time, leaking taps could affect your water usage recovery from the tenant. Ongoing maintenance can also spread a Landlords expense over a longer period.
When a tenant moves into the property your expectation is that they would care for the property like as if it was their own home. Keeping it clean, paying their rent on time and so forth.
One of the reasons tenants give notice to vacate is the lack of maintenance done by owners. Main reasons why maintaining the property is important is to keep your tenants happy, your property in good shape and it betters the chances of a higher rental return / sale return in the future if you keep on top of your property maintenance as it arises.
Keeping tenants happy is beneficial as it can result in a longer tenancy, they will be more appreciative and they also tend to maintain your property better when it is maintained maintenance wise. An unhappy tenant could result in a vacancy which could cost you a lot more than a repair would have.
The cost of maintenance never gets any cheaper. The cost of labour and materials only ever increases. At JD Premier we have a close relationship with our trades, and their prices are very reasonable.
JD Premier believes the most cost effective way to do maintenance is while the tenant is still in the property paying rent. Waiting until the property becomes vacant may result in a longer vacancy period between tenancies. (Depending obviously how big the job is)
Our agents will also give ideas and make suggestions to upgrade any outdated features in the property during our Routine Inspections throughout the tenancy.
Handling maintenance issues when they arise and with Routine inspections of the property to assess what needs to be done in the near future can help keep your investment in its premium market and assist you in the future if you do decide to move in or sell. Call us today on 03 9416 7888 to find out more.