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Maintenance

HOAs and Rental Properties

Author: Alex Delaney Many people appreciate neighborhoods with HOAs as they maintain a certain level of aesthetics. HOAs have rules to maintain property values and community interests. This can be a good thing. Association officers often check for compliance and send notices when rules are not being followed, giving you, the landlord, another eye on…

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How To Increase Your Rental Income

Author: Alex Delaney The time to increase your rent potential is during a vacancy. How? Make sure your property compares favorably with your competitors’ properties. Be aware of what is going on in the area and what the local rental levels are. And most importantly, consider renovations and upgrades to keep your property competitive. Many…

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The Pros and Cons of Home Warranties

Author: Alex Delaney Home warranties have their place in the property owner’s toolbox. They cover the costs of unexpected systems repairs such as heating, cooling, plumbing and electrical. They cover most major appliances. They can even cover pools and hot tubs, although extras such as these are generally charged a higher premium. Home warranties cost…

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Rookie Mistakes New Owners Make

Author: Alex Delaney Rental property is an investment. Not only can it generate monthly income, but it can also, with care, become a valuable asset. Make sure that investment works for you. By ignoring the below information, you can put that investment at risk. Pre-marketing properties: Pre-marketing is a bad idea. It disrupts the already…

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Protecting Your Home During Colder Weather

Protecting Your Home During Colder Weather

When the weather is dropping down to freezing temperatures, there are things you can do to prepare your home beforehand. Freezing can cause damage to your home. Frozen pipes and dying shrubs are no fun to deal with in the winter. Here are a few ways to get your home ready for colder weather approaches:…

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New water heater regulations and what that means for property owners

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The Department of Energy has recently updated the regulations for water heaters.  The required changes can wreak havoc on budgets for owners of multiple rental properties.  If your properties have water heaters that need to be replaced in the next few years, now is the time to do so. Manufacturers are under orders to make…

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Cut your long-term maintenance costs

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When property owners focus on keeping maintenance costs down by doing repairs only as needed, they can face more costly repairs in the long run. Being proactive with repairs can save you money and preserve your property’s worth. Most landlords perform maintenance tasks in response to tenant complaints or during turnover. Yet some minor problems…

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