As a landlord, it’s important to keep your rental property in the best condition possible. Not only does this help ensure that tenants are happy and comfortable, but it also protects the value of your investment. Unfortunately, certain issues can pose a serious threat to your rental properties—namely water damage, termites, and roof damage. Here is a closer look at each of these issues and how you can protect yourself from serious threats to your rental property.
Issues That Pose a Serious Threat to Your Rental Properties: Water Damage
Water damage is one of the most common threats to rental properties. Severe weather events can cause flooding and leaking pipes inside the home can lead to costly repairs if not addressed promptly.
To protect against water damage, it’s important to inspect plumbing fixtures regularly and make sure gutters are properly directing water away from your property. Additionally, installing storm windows and making sure downspouts are clear will help protect against flooding in severe weather events.
Termites cause an estimated $5 billion in damages each year in the U.S.. So it’s no wonder they pose such a serious threat to rental properties. Native subterranean termites workers tunnel inside and eat wood, including firewood and even lumber that provides structural support. Wood chips and wood blistering or paint peeling can be a sign that termites have already infested your property.
To prevent termite infestations in the first place, be sure to store firewood away from the house and fix any visible signs of rot or decay as soon as possible. If you believe that termites have already invaded your property, call a pest control professional right away for an inspection and treatment plan.
Issues That Pose a Serious Threat to Your Rental Properties: Roof Damage
Roof damage can lead to serious problems such as mold growth or even collapse if left unaddressed for too long. The best way to avoid roof damage is by performing regular inspections and making any necessary repairs quickly when signs of wear first appear. It’s also important to keep trees trimmed away from the roofline so branches don’t scrape or puncture shingles during storms or high winds. You should also replace missing shingles right away if they come loose due to age or weather conditions.
Taking care of your rental property means protecting it from potential threats like water damage, termites, and roof damage. All of which can lead to costly repairs if left unaddressed for too long! To stay ahead of these issues, be sure to perform regular inspections on plumbing fixtures as well as roofs and exterior walls for signs of rot or decay. Also trim trees away from the house and store firewood away from the home. Fixing broken gutters, clearing downspouts, and replacing missing shingles are also important upkeep. Always call pest control professionals if needed; and repair any other visible signs of wear immediately upon noticing them.
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