If landlording was easy, everyone would be doing it. The truth is that being a landlord can be very difficult at times, especially if you own multiple rental properties. More properties…more rental units…more tenants…more potential problems. It can be tough to keep up with everything and, as a result, some things fall through the cracks.
When you are juggling rent collection with marketing (an empty rental unit quickly leads to an empty wallet) with all of your other duties, it can be easy to ignore something as seemingly unimportant as preventive maintenance. After all, the name preventive implies it isn’t necessary. Unfortunately, this is the type of thinking that could get you in trouble. Without employing a regular, preventive maintenance program you could find yourself faced with costly emergency repairs.
Most tenants will not complain about a small maintenance issue until it has snowballed out of control, requiring quick (and costly) repairs. These types of unexpected emergency repairs, especially large ones, are a landlord’s worst nightmare. They are almost impossible to budget for and they will quickly eat away at your profit margins.
It is much more cost effective to employ a preventive maintenance program to tackle small issues as they arise. As they say, a stitch it time saves nine.
A Property Management Firm Can Help Keep Maintenance Costs in Check
According to the San Francisco Chronicle, one of the biggest struggles for most landlords is maintenance and repairs. You simply don’t have the time or energy to properly maintain your rental property or worse, properties. Fortunately, no one said you had to do it alone. Hiring a property manager is one way of freeing yourself of many time-consuming duties – like maintenance – associated with being a landlord.
Clagett Management provides full service, competitively priced property management throughout Maryland, West Virginia and Virginia. From detailed budgeting to year end statements, we keep you fully informed of the status of your property. Our goal is to help you profit from your investment and to free you from the daily concerns of your property’s upkeep and operation.
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Clagett Management offers a preventive maintenance program. We periodically inspect your rental properties, allowing us to deal with repairs as they arrive, before they spiral out of control. We employ a network of the best contractors available in the area to service your property.
If you have any questions and Property Management in Frederick, please contact Clagett at (301) 695-6676 or Click Here. You can also connect with Clagett on Facebook, Twitter, Google+, Pinterest, and YouTube.