Owning a rental property is, more often than not, a lucrative business. That is, after all, why so many Maryland landlords continue financing rental properties. However, as a landlord, you will never escape routine maintenance repair bills, and as many come to find out, some rental property repairs leave a larger hole in your pocket than expected. […]
Tag Archives: managing rental property repairs
14
Nov
Nov
It may surprise some rental owners, but property management and property maintenance are not necessarily the same. For landlords, maintenance is just one item in a long list of responsibilities to keep a rental business running. Savvy investors look to professional management firms to maximize profits while avoiding the daily stresses associated with the rental […]
12
Oct
Oct
Many uncertainties accompany rental property ownership. However, one thing is for certain, maintenance and repairs are inevitable. Unfortunately, a common mistake for new landlords is underestimating potential maintenance costs and not preparing for the worst. While avoiding many disastrous repairs involves preventive action, it is always a good idea to set aside more emergency funds […]
14
Sep
Sep
Owning rental properties comes with a lot of responsibility. One of the most important tasks for landlords and property managers is keeping up with rental repairs and maintenance. However, if you don’t account for these expenses within your budget, they can put a major dent in your rental income. As such, it’s crucial to know […]
17
Apr
Apr
Spring is generally refreshing, but it can also bring worries for homeowners, particularly when it comes to roofing problems. As the snow and ice melt away, it’s important to be aware of the common roofing problems that may arise during this season. If you want to stay informed about these problems and find solutions to […]
15
Nov
Nov
Cold weather is approaching fast, is your rental property prepared? If not, now is the time to think about putting winterizing procedures at the top of your list. The cold months of Winter can, unfortunately, bring unexpected repairs and problems. That said, by taking some simple precautions, many potentially costly emergencies are avoidable. So, continue […]
10
Oct
Oct
Landlords in the industry know that property management is not a standard 9 to 5 job. Maintenance is a task that requires a significant amount of time and coordination. But, how do landlords handle rental property emergency maintenance after hours? No one wants to get that call; however, it is essential to quickly and efficiently […]
08
Oct
Oct
Owning and managing rental properties takes a ton of time, money, and effort. One of the significant aspects of managing rental properties is keeping up with routine maintenance, emergency maintenance issues, and other maintenance requests. As such, it’s crucial to account for rental property maintenance costs while creating your business budget. Here’s what you need […]
04
Jan
Jan
Property turnover is inevitable in the rental industry. When it happens, landlords become overwhelmed by a myriad of repair and cleaning tasks. All of which are important steps to making the home ready for a new tenant to move in. However, one of the traits of successful landlords is planning ahead for the eventual vacancy. […]
30
Dec
Dec
As a landlord, making sure your rental properties are in habitable condition is a must. Therefore, any time maintenance issues arise, repairs need to occur as soon as possible. Ensure that tenants know the procedure for submitting maintenance requests and know the warning signs to look for to avoid extensive damage. Then, once a tenant […]
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