In regard to rental home ownership nationwide, having an idea of and monitoring clisely the state of each home’s exterior elements is just as vital as awaiting when to replace the carpet or repaint the walls.
Whether you’re renting out an older property or a newly built home, realizing the age of each item and how long it can somewhat be expected to last is a basic and vital part of successful rental property management.
Importance of Maintaining Your Property’s Exterior
A good landlord or property manager comprehends the healthy lifespan of common exterior elements of your rental property. A product’s lifespan is the period of time it should last in accordance with standard conditions. As an example: a quality cement patio stays good upwards of 50 years, on grounds of the extremely durable nature of cement. On the other hand, wooden decks only last about ten years, given their sensitivity to the natural elements.
For you quick reference, 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 significant to realize how long an element is expected to last in your property, especially if your tenant stirs up damage beyond normal wear and tear. For instance, if the vinyl siding, which is over 25 years old, gets damaged, the tenant shouldn’t be held responsible for the repair cost. Except, if the vinyl siding is less than 25 years old, the renter would certainly be held responsible and asked 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 ideal option to realize and pursue is to be ahead of property damage. With some useful and valuable information, and a proactive system for property management, it’s certainly possible to be able to manage and keep every single component of the rental home – both in and out– in an excellent state. Customarily replacing items beyond their functional lives is one way to avoid bearing the full cost of repairs because of tenant negligence. Another is doing regular property evaluations to conscientiously monitor various areas of the rental home.
Real Property Management Delta offers a full property management program that encompasses preparing for the years ahead with maintenance plans, property evaluations, and substantially more. We have the best equipment and productive experience to attend to your Heber Springs real estate investments, building them up to be positively profitble for the foreseeable future. Contact us online or at 501-404-0674 today!
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