Tuesday, November 15, 2011

Rental Property Maintenance List

Property Management

Like any other real property, rental homes require routine maintenance to keep them optimally functional and structurally sound. Diligent upkeep of the items on this list are necessary in order to ensure your invest will continue to perform over the long-term. This checklist of maintenance items (to repair, replace, or simply inspect) are things you'll need to check/perform least once each year.
The items are broken out into two categories. "Things to Do" and "Things to Inspect". Naturally you should take note of any items that need additional repair, and make that extra trip back to the hardware store to rectify any noted issues.
Things to Do - Inside
Replace Smoke detector batteries.
Clean/Seal Tile flooring and grout.
Replace Air filter.
Replace Furnace filter.
Things to Inspect - Inside
Faucet, drain, and garbage disposal.
Kitchen cabinetry for anything loose (hinges or mounts).
Door hardware functionality.
Doorframe Squareness.
Furnace ducts.
Electrical panel for any rust or water signs.
Fire extinguisher.
Ceilings and Walls for any signs of moisture.
Fireplace (if applicable).
Attic - Signs of water damage, mildew and rot.
Any signs of pest infestation.
Bathroom faucets, drain, and drain plug.
Toilet - fill valve, flapper, seat, and floor. 
Things to Do - Outside
Clean gutters and downspouts from any leaves or debris.
AC Unit - Clean and remove any debris.
Check Dryer vent for any debris.
(If applicable) Pressure Wash wood siding in order to prevent mold.
Trim any overgrown trees or bushes.
Things to Inspect - Outside
Exterior Paint.
Exterior Caulking.
Windows and Door sills for any leaks (caulk).
The Foundation.
Sprinkler system.
Decks, railings, and stairs for any looseness.
Fences, gates, and associated hardware.
Inspect the roof to confirm soundness.
Window screens.
Garage and Garage Door.
Septic system.
Storm windows and all hardware.
Grading of the house to ensure proper water drainage.
Exterior walls for signs of pests or damaged wood (i.e. termites).
While many of these items will incur some cost, it will be a nominal amount compared to the cost of replacing the aforementioned items. If you are the one personally attending to you own rental property, it's easy to ensure that everything is done correctly. If a property management company is maintaining the home on your behalf, it becomes a necessary to make sure they are properly caring for your investment. Ask to see receipts and/or labor statements that can satisfy that everything has been properly maintained.
With routine maintenance and proper inspection, your rental property will provide years of quite enjoyment and profitable use.

1 comment:

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    Like any other real estate, lease houses require schedule servicing to keep them properly efficient and structurally audio. Persistent maintenance of the products on this list are required to make sure your spend will keep execute over the long-term. This guidelines of servicing products are things you'll need to check/perform least once each year.

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