Relating to rental home ownership nationwide, appreciating and having an eye on the state of each home’s exterior elements is just as substantial as foreseeing when to replace the carpet or repaint the walls.
Whether you’re renting out an older property or a newly built home, considering the age of each item and how long it can amply be expected to last is a primal part of successful rental property management.
Importance of Maintaining Your Property’s Exterior
A good landlord or property manager ascertains the healthy lifespan of common exterior elements of your rental property. A product’s lifespan is the amount of time it should last, consistent with standard conditions. By way of illustration: a quality cement patio stays intact upwards of 50 years, through the enormously durable nature of cement. Comparably, wooden decks only last about ten years, given their sensitivity to the natural elements.
For your quick guidance, we’ve listed here some 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 imperative to detect how long an element is expected to last in your property, particularly if your tenant brings about damage beyond normal wear and tear. Like, if the vinyl siding, which is over 25 years old, gets damaged, the tenant shouldn’t be held responsible for the repair cost. However, conversely, if the vinyl siding is less than 25 years old, the renter would quite possibly be under obligation to pay some or all the repair costs.
Stay Ahead of Property Damage
Rather than spend time and money on an unnecessary judicial process, the best option to take on is to be ahead of property damage. With proper and useful information and a proactive system for property management, it’s feasible to manage and keep every single component of the rental home – both in and out– in good shape. Mindfully replacing items, at regular periods, beyond their favorable lives is one way to avoid bearing the full cost of repairs arising from tenant negligence. Another is putting nto effect regular property evaluations to meticulously monitor various areas of the rental home.
Real Property Management Associates yields a full property management program that adds preparing for the years to come with maintenance plans, property evaluations, and so much more. We have the equipment and productive experience needed to monitor your Weymouth real estate investments, building them up profitably for the probable future. Contact us online or at 508-509-4485 today!
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