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Preventive Maintenance for Your New Jersey Rental Property

You probably expect that you’re going to have to respond to a few routine repair requests when you’re renting out a property, even if it’s a home that’s new or in excellent condition. Things happen when tenants are occupying your property, and you’re going to have to schedule repair work from time to time. Emergencies are a part of every landlord’s life as well. There’s always the threat that a water heater will start leaking overnight, and you’ll get a panicked call from your residents.

Something that many investors forget to consider, however, is preventative maintenance. It’s even more important than your routine and emergency repairs because it protects the condition and value of your investment.

Plumbing is a Preventative Maintenance Issue

Water damage can be one of the most expensive issues for New Jersey landlords, and it’s always difficult to fix. Small leaks might not seem like a big deal, and it’s easy to forget about them. But, if you ignore them for weeks or months, they can turn into larger leaks that damage floors and walls and eventually lead to rot and mold.

Avoiding leaks is important. When you’re inspecting the property or checking it before and after tenants move in and out, look under sinks. Check the floors around toilets and tubs to be sure there isn’t any softening. Look for drooping or discolored ceilings and walls.

If you notice any sign of a water leak, call your plumber immediately.

Other preventative measures concerning water include cleaning your gutters. You don’t want leaves and debris to get caught there, driving water towards your home. Flush out irrigation systems and sprinklers. When it comes to ongoing maintenance, preventing leaks and floods is your primary concern.

Have Your HVAC System Serviced Annually

One of the most expensive systems in your rental property is the heating and cooling system. In South Jersey, Central Jersey, and the Jersey Coast, you’re going to use both your heat and your air conditioning throughout the year. You have to be ready for residents to switch from one service to the other. Annual and seasonal inspections will help you prevent expensive repairs.

Have a licensed technician inspect your system and make sure it’s working properly. This attention once or twice a year will also extend the life of your furnace and your air conditioning unit. The heating and cooling of your property will be more efficient. Your tenants will appreciate it too, as it will improve their air quality inside the home and keep their energy costs down.

Prepare for Preventative Disasters

Prepare for Preventative DisastersIn New Jersey, we have a bit of risk when it comes to both snow and hurricanes. Huge snowstorms are not frequent, and hurricanes are especially rare. But, we can have dramatic weather in both the winter and the summer that makes preventative seasonal maintenance important. You want to know your roof can handle large amounts of snow or rain. Make sure wind won’t send any trees through windows. Check the security of your foundation, your landscaping, and any of your common areas if you’re renting out a multi-family property.

A good emergency plan is an important part of your preventative maintenance strategy. It’s also a good idea to work with New Jersey property managers. We know that preventative maintenance saves you money in the long term and it keeps your New Jersey rental home well-maintained.

When you’re ready to talk about putting together a plan that serves your maintenance needs, contact us at KEYVEST.

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