It's helpful to know that rental property owners should save at least 1% of the property's value to cover maintenance costs.
A maintained property not only attracts quality tenants but also protects your investment in the long run. To help you stay on top of things, you'll need a rental property maintenance checklist.
What do Chattanooga landlords need to keep in mind about property maintenance? Read on for a Chattanooga checklist for rental property owners.
Set a routine for property inspections to catch potential issues. Check for the following:
- Structural damage
- Any signs of wear and tear
Chattanooga's climate can vary. Pay extra attention to the roof and exterior during seasonal changes.
HVAC System Maintenance
Chattanooga experiences both hot summers and chilly winters. This is why a great HVAC system is crucial.
Schedule regular professional maintenance to ensure the system is running. You can also stop unexpected breakdowns.
Inspect plumbing fixtures for the following:
- Any signs of water damage
Chattanooga's humid climate can exacerbate mold issues. Addressing plumbing problems quickly is essential to prevent larger issues down the line.
Curb appeal matters. Do the following:
- Trim the lawn
- Prune bushes
- Address any tree limbs that may pose a threat during storms
Chattanooga's lush greenery can be beautiful. It also needs consistent attention to keep your property looking its best.
Bugs and pests can be a common issue in Chattanooga - schedule routine pest control services to keep unwanted guests at bay.
Addressing Maintenance Requests
Staying on top of maintenance requests is crucial for tenant satisfaction. Establish a clear communication channel for tenants to report issues and have a reliable team of contractors to address repairs.
Exterior Property Repairs
Inspect the exterior of your property regularly for any needed repairs. Chattanooga's weather has occasional storms and heavy rain. This can take a toll on roofs, siding, and windows.
Fixing small exterior issues can prevent more significant problems.
Electrical System Check
Ensure that your property's electrical system is up to code. Check the following for any signs of wear or malfunction:
This not only ensures tenant safety but also avoids potential fire hazards.
Maintained appliances contribute to happy tenants. Service and inspect these appliances to prevent unexpected breakdowns:
- Washing machines
This will boost the lifespan of your appliances.
Document Property Maintenance
Maintain detailed records of the following:
- Maintenance activities
This documentation not only helps you track the history of your property but also serves as evidence in case of any disputes with tenants.
Collaborate With a Property Management Company
If managing rental properties becomes overwhelming, consider partnering with a reputable property management company in Chattanooga. These professionals can handle the following:
- Everyday operations
- Tenant communications
You Need to Follow This Landlord Maintenance Checklist
Proactive property maintenance is the key to successful property management in Chattanooga. By following this quick rental property maintenance checklist, you can improve your business and keep your tenants satisfied.
Hiring a Chattanooga property management team can make property maintenance effortless. Contact PMI Chattanooga to hear how our services can help your rental property business. We have over two decades of experience.