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3 Ways to Improve Maintenance Costs for Your White Plains Rental Property

White Plains Maintenance TechnicianSuccessful White Plains rental property investors know the value of regular property maintenance. Performing routine maintenance is an excellent way to alleviate repair costs. And yet, you should always keep an eye out for potential excess on the maintenance costs. In order for you to keep maintenance costs down on your rental property, you have to be able to develop a system. Keep reading to learn how performing regular property evaluations, investing in preventative maintenance, and having a backup ready in case of emergencies can help keep your maintenance costs to a minimum.

1. Regular Property Evaluations

You can only develop a maintenance system that keeps your costs low if you are well aware of the ins and outs of your property. So that you can get a good grasp of the details of your property, you need to perform regular property evaluations. This is something you can do by using a detailed checklist. Or, consider hiring a professional like the experts at Real Property Management DePenn to do it for you. Whatever you choose, you will have to examine and document all the tiny details of your property’s condition. Doing this can lead to better plans and budgets for your maintenance issues.

2. Preventative Maintenance

Another thing that can really help you save is preventative maintenance. If you want to reduce maintenance costs, be sure to have regular maintenance performed on your rental home. An annual tune-up on an air-conditioning unit is not at all expensive, but can greatly help to maintain the unit’s condition. Because of this, you’ll end up keeping it longer and not have to replace it any time soon. The same thing is true for your plumbing and electrical systems, pest inspections, and other types of preventative maintenance. Always urge your residents to quickly report problems while they’re not yet too big to troubleshoot. Then, get a qualified professional to do a thorough inspection. By doing this, you can prevent further problems from developing, saving yourself costly repairs later on.

3. Have a Backup Ready

But, no matter how good the preventive maintenance, eventually, things will break. When repairs are in order, especially if it’s a major repair, make sure you already have service providers ready to be tapped. This will ease your decision-making process since you already have a plan in place. Research service providers in your area and, if possible, open a customer account — even if you don’t need immediate assistance for any repairs.You can even negotiate price and terms if you are willing to make them an exclusive partner for your rental property servicing needs.By having this backup in mind, you are able to keep your costs down and avoid costly delays.

Property maintenance is a time-consuming job, especially when done comprehensively and correctly. Why not let a White Plains property manager at Real Property Management DePenn do it for you? We have the expertise and preferential service provider rates that can help you keep your property maintenance costs down while also freeing up your valuable time. Contact us online or call 866-820-9913 for more information!

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