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Autumn: Time to Assess and Compare Your Rental Property

 

Autumn Maintenance Checklist

As the weather starts to cool down, it’s important to complete a number of winterization and maintenance tasks that will see your rental homes safely through the winter. These tasks include:

  • Drain and shut off sprinkler systems
  • Clean and trim yards, trees, and landscaping
  • Repair gutters and screens
  • Assess the curb appeal of your rental home and consider updating exterior features and paint

Our expert property managers can complete a comprehensive evaluation on each of your rentals to ensure that improvements, repairs, and maintenance are performed when needed. This, in turn, protects the value of your rental homes and keeps quality residents happy for years.

Beyond basic repairs and maintenance, partner with your Real Property Management manager to handle additional autumn maintenance that may need attention:

  • Inspect and replace seals and locks on windows and doors
  • Service HVAC systems and hot water heaters
  • Evaluate the exterior siding, paint, stucco, and other finishes
  • Test carbon monoxide and smoke detectors
  • Check appliances for efficiency and proper function

By adding these vital maintenance items to your property management plan, you will not only save time, but also avoid more costly repairs down the road.

 

Assessing Your Rental Property

The first weeks of autumn are the ideal time to do a market comparison with your rental homes. Even if you have long-term residents who have no plans to leave, it is still a smart business move to know how competitive your investment properties are and how they compare to others in the area.Property Manager discussing items with a client.

Expect your property manager to gather information about the size, age, and condition of the home itself, as well as examine a range of different features and amenities. The age and condition of kitchen appliances and flooring, for example, are important factors in making an accurate comparison between your rental homes and others like them. Another important part of a market assessment is looking at the monthly rate of recent rentals in your neighborhood. This is how you can gauge what you can charge for rent after your next vacancy.

At Real Property Management in Natick, MA,, we are ready to help you keep your local investment properties maintained, modernized, and profitable. Contact us today to learn more or to schedule an assessment.

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