Are you struggling to keep up with maintenance requests from your tenants? If so, maintenance coordination could be the right choice for you.
With the help of a property management company in Ewing, New Jersey, you can maintain your investment quickly and efficiently. Not sure how maintenance coordination can help?
Keep reading to learn the five benefits of the process.
1. Money-Saving Help
Proper maintenance coordination saves you money. Hiring outside help for maintenance services can seem like a waste of resources.
However, the money you spend keeps your property in order. People want to live at a well-maintained property. Plus, keeping track of maintenance will help you prevent costly repairs.
The bottom line is that you'll save money in the long run by spending money upfront.
2. Improves Property Safety
Maintenance planning can help you tackle safety concerns. If a tenant were to get hurt on the property, you could be held responsible.
Avoid accidents and unhealthy home environments by performing regular maintenance. For example, trimming trees and inspecting for mold can protect residents and you as the landlord.
Create a schedule to check things like appliances, fire alarms, and carbon monoxide detectors at least once a year.
3. Maximize Rental Income
Maintenance efficiency can often correlate to tenant retention. Neglecting maintenance tasks will make your property unattractive to current and potential residents.
One of the best property management tips is to commit to regular upkeep. This will keep your tenants satisfied and hopefully be a factor in why they want to renew their lease. When you retain tenants, you save money on marketing and cleaning.
4. You Won't Be a "Slumlord"
A "slumlord" is concerned with only the profits they make and not the tenants or the property itself. You don't want to have this reputation if you plan to keep generating money and want to build wealth.
Following proper maintenance techniques can prevent poor living conditions like pest problems, HVAC issues, mold, and more.
5. Meet Legal Obligations
In New Jersey, landlords are required to keep properties in habitable conditions throughout the lease.
Owners are responsible for making timely repairs, making tenants aware of property risks, and meeting building codes in the area.
While a landlord has responsibilities to the tenant, tenants have some responsibilities too. Tenants must maintain the property and return it in the same condition as it was when they moved in.
When the two parties work together to maintain the property, everyone can benefit.
Boost Your Property With Maintenance Coordination
Maintenance coordination is the best way to keep your property in an ideal condition.
At PMI Essential, our team can help you with maintenance, among other services. As a full-service real estate asset management company, we provide residential and commercial services to help you no matter your investment. We keep your investment safeguarded with maintenance and property inspections.
We coordinate the entire maintenance process by working with tenants and hiring vendors on your behalf. With our connections, we can ensure maintenance is taken care of quickly and efficiently.
Contact us today to learn more about our process.
