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The Landlord's Guide to Effective Property Maintenance

Renting to tenants is often touted as an easy way to make passive income, but the reality is quite different. Many landlords become frustrated by the never-ending chore of property maintenance. But when handled professionally by a property management company, these tasks can optimize your revenue and attract desirable, long-term tenants.

Apartment Marketing

Rental property management companies can offer a range of services for landlords, including marketing empty and soon-to-be empty units. But no amount of advertising can compensate for peeling paint, dysfunctional refrigerators, or drafty windows. Leaving your property maintenance tasks to the professionals ensures that the work will get completed correctly and in a timely fashion. Well-maintained landscaping, buildings, and units are the most effective marketing strategy for encouraging apartment hunters to sign on the dotted line.

Tenant Retention

One of the most common reasons why tenants start looking for a new place to live is their dissatisfaction with the upkeep of the building. If the oven stops working and isn’t repaired or if there is ongoing evidence of rodent infestation, the responsible, reliable tenants that you want to keep will likely flee for greener pastures. When you contract with a professional property manager, your tenants will have an established procedure for reporting problems and they will rest easy knowing that repairs will be made in a timely manner.

Property Value

If you’ve owned property for any length of time, then you probably already have some experience with minor repairs turning into major problems. A minor roof leak can lead to extensive water damage and a few uncorrected gaps can lead to major rodent infestations and property damage. Effective property maintenance involves taking care of these minor repairs before they turn into serious issues that can affect the value of your property and the profit margin of your long-term investment.

For superior property management services near Beverly, MA, landlords can trust MRS Property Management. Our professional team of property management experts has a keen understanding of the challenges that landlords deal with and the effective solutions to overcome them. Call (978) 927-3690 to request more information.

Categories: Property Management


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