Not only does maintaining your property allow it to hold its value, it means that if and when your property is advertised on the market, its snapped up quickly by a tenant! Not only this, the nicer the environment tenants live in, the more likely they are to treat the property well and keep it at a high standard.
If you are looking to update your property and need some pointers, take a look at these 5 tips to help you get started!
Invest in time and money
If you’re going to do it you need to make sure you get it right, it won’t be worth putting the minimum amount of time and money possible to get the result needed. Be patient and take your time and the results will speak for themselves when you come to let.
Shop Around
Don’t just take the first quote from tradespeople etc. Make sure you shop around to get the best price and this could save you hundreds in the long run!
Build good relationships
Not only with your tenant or prospective tenant but with the people you have chosen to help keep your home up to date. You never know when you may need their help again and its good to have as many contacts as possible should anything go wrong with your property!
Act quickly & service often
Don’t let any problem you may come across go on longer than it needs to, it won’t save you money! Things like boilers/cookers need servicing regularly, if left a long time you could end up paying out more than you need to.
Carry out property inspections
This is probably a given, but very important. No matter how much you trust your tenants you must make your presence known with them so you can keep on track of how well they’re looking after your property. This way, you can avoid any serious damage to anything you own.
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