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Being a Landlord Means Repairs

By
Real Estate Sales Representative with DIR-USA.com

Wholesale Houses - Fairfax Virginia: There’s no way around it. Unless you are renting a home made of stone with no appliances or plumbing, you will have things to repair for the tenants. Assuming that the house you bought to rent out is in fairly good shape by the time you take in tenants, it should last at least a short time without them needing your attention.

Being a Landlord Means RepairsThere will always be an accidentally (or on purpose) broken window now and then and perhaps leaky faucets and a furnace that won’t fire up when the first winter frost appears, but that’s part of the job for you. As a landlord you will be responsible to keep the home in liveable and safe condition for those who pay you to live there.

If it starts to annoy you, try to remember that your tenants are your customers, just like in any business. If you don’t treat them well, they might just find somewhere better to go. You don’t have to bend over backwards for them and bring fresh baked pies once a week, but you should keep up the normal things that people need to live a reasonable life.A leaky faucet will cost them money if they pay the water bill. If you supply the water, it will be costing you money.

Either way, there could also be damage to the fixtures or stains from water that will be hard to get out if they leave or you need to find new tenants. It’s better to arrange to come over and fix the leak while it’s small. It might cost you a quarter for the new washer and an hour of your time, but it will tell your renters that you care about the property and do what you can to help them keep it in good shape.Ignoring small repairs, especially they tell you about it, will give them the impression that you don’t really care that much about the place.

That is definitely not the idea you want your tenants to have for a couple of reasons. First off, you want them to stay and pay, which means they need to feel good about their home.If they think it’s no big deal because you gave them that impression, you might find that they decide other things are no big deal, too. You don’t want to find a leak behind the bathtub wall that has been running for a month and damaged the wallboard because they thought you wouldn’t really care.

Being a Landlord Means RepairsDJJ Properties is a real estate company based in Fairfax County, Virginia who handles both commercial and residential properties.

The culture of the company is to assist people with appropriate decisions in buying and selling real estate. “We like to help people solve problems in real estate”.

For more information on DJJ Properties please contact us today!

 

 

Posted by


Chad Ronning
Guaranteed Rate Mortgage - Maple Grove, MN
Conventional, FHA, VA, USDA

I have been a landlord for over 8 years now and I set aside 10% of my rents for repair work and upgrades every year.  It never fails that something will break or get worn out every year!

Apr 19, 2011 09:43 AM