How To Reduce Maintenance Costs On Your Rental Home

Maintenance is a large budget item for every home, whether it is your personal residence or investment property. Many landlords think if they can cut down on the frequency of maintenance tasks, or put off regular maintenance, they can reduce their overhead costs. However, the experienced property managers Ft Worth landlords trust at Specialized are here to show you how that can be more costly in the long run.

Specialized Recommends Proactive Maintenance

With Specialized property managers, Ft. Worth landlords know their property is undergoing proactive maintenance to extend the life of their home’s systems and save them money. Failing to perform simple maintenance tasks such as changing AC filters will put strain on your home’s systems and you will need to repair or replace them more often. Specialized recommends creating a schedule of known and needed maintenance tasks so you can keep up with your home’s needs.

Proactive Maintenance Tips

To be proactive about your home’s maintenance needs use these tried and true tips:

  1. Set a budget: set aside at least 10% of the monthly rent to take care of maintenance issues. You may need more based on the age and condition of your home, your Fort Worth property management company can help you determine a good amount to set aside.
  2. Create a schedule and protocol: plan for known maintenance tasks, such as gutter cleaning, which will extend the life of your home. Create a protocol for when to repair or replace the systems and appliances you own.
  3. Respond to tenant requests: be respectful and respond promptly to tenant maintenance requests. This will signal to your tenants how much you care for the home, which in turn will spur them to take care of it too.
  4. Stay up to code: health and safety code violations can be costly, but code rules can also change frequently. Make sure you stay up to date on your knowledge of housing codes and inspect the home periodically to make sure it is not violating any codes.

Your Fort Worth property management team can help you keep your property looking good, and up to code, all while keeping your costs down. For more information, or to hear about all our services, call Specialized today.

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