Rental property maintenance shouldn’t be complicated. Occasionally things go wrong and you have to call professionals for assistance. When that happens, your Phuket property manage company, Baan Wise, is ready to assist you. Here are 10 Easy Property Management Maintenance Tips.
To attract the highest quality of tenants you, as an owner, must maintain your property to a standard that your potential customer is looking for. Routine inspections should be a big part of the property maintenance process. These will guarantee that the tenants are taking care of the property and if there are any problems you can take proactive action to fix them. Example, fixing a minor leak under the sink can avoid damages to floor and cabinets that could cost thousands of baht to replace at a later date.
Here are a few maintenance tips to help you avoid larger problems in the future.
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Develop a Regular Maintenance Attitude
Renting properties might not be your primary income source, however it’s an extremely good idea to a develop a good business work ethic to handle maintenance issues that will pop up in the future. Prepare yourself for the maintenance expenses that come with owning a rental property business.
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2. Fix that water leak
Damage done by water leaks can build up over time if you don’t regularly check and fix them. We recommend regular property water damage and leak checks after heavy rain and especially after the green season, around the end of October. Water leaks can weaken the infrastructure of your investment.
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3. Pest control
Phuket is a beautiful tropical destination, a perfect place to invest in real estate to attract additional income. However, with the tropics comes unwanted pests. Mosquitos, ants, mites, rodents, cockroaches and termites can invade your investment rather quickly if you don’t have a routine pest control service in place. Baan Wise can help schedule and monitor this program for you.
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4. Happy Tenants
Well maintained properties lead to happier tenants, who are easier to deal with, less likely to move, and willing to pay more rent. When you take good care of your property, everyone stays happy. Respond to the maintenance requests your tenants make. When this is done on a timely manner your tenant retention rate will go up. Baan Wise has contracted with a group of maintenance professionals that can schedule repairs quickly and efficiently. This is one of the most important Property Management Maintenance Tips.
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5. Clean the Air Conditioner
In Phuket air conditioning systems are in most houses and villas and usually in every room. They need routine maintenance. Window units, mini-split systems, and central systems all have different maintenance requirements. Filter cleaning and/or changes, coil cleaning and refrigerant levels all need to be checked regularly. Have a contract to maintain your air conditions at least twice a year. Dirty air conditions usually mean higher electric bills which means more expenses for you or your tenants and it is also bad for the environment.
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6. Mold and Mildew
Phuket’s tropical climate means mildew and mold will occur and need to be controlled. It is important to check and eliminate any moisture sources. Be sure there is adequate airflow in a property, especially when vacant. During a humid period, a closed-up property can develop mildew and mold on interior walls and ceilings in a matter of days. Cleaning by a professional may be necessary if this happens. Baan Wise can assist with this inspection.
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7. Smoke detectors
Two important safety features in a house or villa are smoke detectors and fire extinguishers. Keep them working at all times. Smoke detectors can be hard wired or battery operated. Check the batteries or electric connection regularly. This could not only save a life, but protect your property from extensive damage.
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8. Hire professionals for landscaping and pool maintenance
You should seriously consider hiring professionals to maintain your garden, landscaping and pool areas. Tenants will never maintain the yard to the level you expect and most landlords don’t want to do the work themselves.
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9. Set house rules
Create a set of house rules that clearly states what is and is not allowed on the property. Cover the rules upfront and have written or digital proof that they were agreed to by the tenant. This way there cannot be any misunderstandings between owner and tenant and it will give you peace of mind that everything is upfront.
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10. Hire a professional property manager
These Property Management Maintenance Tips are meant to make your life easier, and they will. However, there are many aspects to take care of on a rental property, including the maintenance. Consider hiring a professional manager to handle your rental property. For most people there is a great value in having a professional take care of your investment, while you take care of all the other important things in your life.
If you are looking for a professional property management team to maintain your property to exceptional standards, contact Baan Wise at https://baanwise.com/contact-us/
