It's wild that people spend up to 4% of their property's value on maintenance every year.
Property owners in Jacksonville should know that routine maintenance is essential to keeping their investments in superb shape. Ignoring property maintenance can lead to nightmarish repairs and strained relationships with tenants.
Do you want to stay on top of things and minimize expenses? Follow these steps to get ahead of property maintenance.
Regular Inspections Are Key
The first step to getting ahead of property maintenance is doing regular inspections. This gives you a chance to spot potential issues before they become nasty problems. Inspections should cover both the interior and exterior of the property.
Create a Maintenance Checklist
A maintenance checklist is a valuable tool that ensures no maintenance tasks get overlooked. Start by listing all the components of your property. This can include the following:
- Electrical systems
Then, break down each component into the following:
- Cleaning gutters
- Servicing HVAC systems
- Checking for water leaks
Prioritize Property Maintenance Tasks
Not all maintenance tasks are of equal importance. Some tasks are more urgent and critical than others. For example, a leaking roof should take precedence over minor landscaping improvements.
Budget for Maintenance Expenses
Maintenance expenses are inevitable, so it's essential to budget for them. Create a separate fund for property maintenance to ensure you have the necessary funds when repairs are needed. You won't be caught off guard when unexpected issues arise.
Address Tenant Concerns Fast
Maintaining good tenant relations is crucial for a successful property investment. Address tenant concerns and repair requests fast. Effective communication with your tenants can prevent minor issues from escalating.
When tenants see that you are responsive to their needs, they're more likely to take better care of the property.
Schedule Routine Maintenance
Scheduled maintenance is the key to preventing costly repairs. Create a maintenance schedule based on your maintenance checklist and stick to it. For example, you might schedule the following tasks:
- HVAC system servicing twice a year
- Gutter cleaning once a season
- Landscaping maintenance monthly
Stay Informed About Local Regulations
Jacksonville may have specific regulations related to property maintenance. Stay informed to ensure that your property complies with local laws. Failing to do so could result in fines and legal complications.
Invest in Professional Services for Better Results
Sometimes, property repairs and maintenance tasks require the expertise of professionals. Don't hesitate to hire qualified contractors when necessary. Whether it's plumbing, electrical work, or roof repairs, relying on experts can ensure the job is done correctly and safely.
You may even want to outsource all of your work to a property management company.
Do You Need Help Keeping Up With Property Repairs?
Staying ahead of property maintenance in Jacksonville is essential for property owners. You'll even enjoy better tenant relationships. Using this guide can make your property a more attractive and reliable investment.
Do you want to chat with an incredible Jacksonville property management company? Contact PMI Jacksonville so we can chat about our winning property management solutions.