Related to rental home ownership nationwide, taking into account and keeping on top of the state of each home’s exterior elements is just as really important as assuming when to replace the carpet or repaint the walls.
Whether you’re renting out an older property or a newly built home, ascertaining the age of each item and how long it can decently be expected to last is a vital part of successful rental property management.
Importance of Maintaining Your Property’s Exterior
A good landlord or property manager takes into account the healthy lifespan of common exterior elements of your rental property. A product’s lifespan is the time period it should last, keeping with standard conditions. For instance: a quality cement patio remains good upwards of 50 years, owing, in fact, to the highly durable nature of cement. Compared to that, wooden decks only last about ten years, given their sensitivity to the natural elements.
For your guide, we’ve listed a small number of common exterior items and their average lifespan:
- Garage Door: 15 years
- Automatic Garage Door Opener: 5-10 years
- Wood Fence: 10 years
- Stucco Exterior: 20-50+ years
- Vinyl Siding: 25 years
It’s pertinent to discover how long an element is expected to last in your property, precisely if your tenant induces to damage beyond normal wear and tear. Such as for instance, if the vinyl siding, which is over 25 years old, gets damaged, the tenant shouldn’t be held responsible for the repair expenses. But, as a matter of fact, if the vinyl siding is less than 25 years old, the renter would most likely be held accountable and bound to pay some or all the repair costs.
Stay Ahead of Property Damage
Rather than spend time and money on a senseless judicial process, the preferred option to put into effect is to be ahead of property damage. With detailed and valuable information, and a proactive system for property management, it’s highly possible to manage and keep every single component of the rental home – both in and out– in great shape. Carefully replacing items, regularly, beyond their functional lives is one way to avoid bearing the full cost of repairs as a result of tenant negligence. Another is undertaking regular property evaluations to investigate and monitor various areas of the rental home.
Real Property Management Qualified tenders a full property management program that consists of preparing for the next few years with maintenance plans, property evaluations, and a great deal more. We have the equipment and proficiency to oversee your Bonita Springs real estate investments gainfully and beneficially for the coming future. Contact us online or at 239-344-9842 today!
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