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Repairs And Maintenance Tips To Landlord!
A landlord might find it tedious to maintain his property and issue related to repairs and maintenance. It becomes even the more problematic when a landlord is staying far away from the buy to let or rental property. If you are scouring for solutions to this, read the article as you can gain some tips to avoid problems and have your rental income come to your hands hassle free! If you take these steps for managing rental property, you'll find that the process will go much more smoothly.
Remember that managing your buy to let property is not easier than running an industry. Being organized and making timely adjustments is equally important and handling things professionally pays you.
Keep some cash handy. A cash reserve should be maintained as a stand by in case a tenant vacates your house unexpectedly. This will also help you cover up any unexpected repair bills. Before new tenants move in always remember to scrutinize the premises and fix any problems.
Your tenants must be told to inform you in case of any safety or security problems. Any thing related to plumbing, damp walls, broken doors, water problem ...
... etc must be reported promptly. This will apply not only to the tenant unit but also external areas such as garages, sheds or pavements. Maintain a log book with details on when and how was the repair done. When were the repair requests made and how was it solved. Inform the tenant by when will it be fixed. Try and resolve the issue within 24 hours. You can handle most urgent issues quickly.
In addition to this, give your tenant a checklist on which are the things that they need to report urgently. Mention any vital potential safety hazards or maintenance problems that might have been ignored. Make sure they can reach you in an emergency and respond quickly to any emergency maintenance calls. Also, leave behind a plumber or any other important person's number just in case you can't get it done. Make all the necessary arrangements to get them repaired on time.
It's also a good idea to hire the services of a real estate lawyer to review your rent agreement and other paperwork or get you out of messy legal troubles. Remember that the more you know about local laws, the better prepared you will be when issues arise. Make use of simple tips to handle your property!
Vijay Koragappa Shetty, Expert author, platinum status. For more information: EPC certificate
Get more information on: Rental Guarantee
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