Landlord Hints & Tips
Preparing Your Property for Lease
As a property investor, it is crucial to provide your property in a state of cleanliness and repair that
reflects the standards you expect from tenants. Maintaining your valuable asset
requires an ongoing commitment, and to ensure its competitive position in the market, we
offer the following recommendations:
> Gardening - Consider contributing to water consumption costs for substantial lawn areas or provide a gardener on an 'as needed basis'.
This not only ensures proper maintenance but also allows for regular monitoring of the property and minimizes long-term neglect costs.
Remember, the cost of a gardener is tax-deductible.
> Gutters - Clear the gutters before letting the property and schedule maintenance once or twice a year to prevent any potential issues.
> Pruning - Arrange for tree and shrub pruning at least once a year, especially before winter, if there are large trees near the property.
> Maintenance - Set aside a percentage of the rental income to cover anticipated future maintenance requests, such as painting or repairs.
> Appliances - Provide clear instructions and valid warranty details for appliances to both the agent and the tenant, ensuring proper usage and maintenance.
We recommend that all owners take out Landlord Insurance. Speak with your Property Manager for more information.