Advertisement
Canada markets open in 1 hour 39 minutes

  • S&P/TSX

    21,728.55
    +14.01 (+0.06%)
     

  • S&P 500

    5,018.39
    -17.30 (-0.34%)
     

  • DOW

    37,903.29
    +87.37 (+0.23%)
     

  • CAD/USD

    0.7288
    +0.0007 (+0.09%)
     

  • CRUDE OIL

    79.71
    +0.71 (+0.90%)
     

  • Bitcoin CAD

    80,339.58
    +1,258.81 (+1.59%)
     

  • CMC Crypto 200

    1,258.19
    -12.55 (-0.99%)
     

  • GOLD FUTURES

    2,308.90
    -2.10 (-0.09%)
     

  • RUSSELL 2000

    1,980.23
    +6.32 (+0.32%)
     

  • 10-Yr Bond

    4.5950
    -0.0910 (-1.94%)
     

  • NASDAQ futures

    17,583.25
    +145.00 (+0.83%)
     

  • VOLATILITY

    15.02
    -0.37 (-2.40%)
     

  • FTSE

    8,153.41
    +32.17 (+0.40%)
     

  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     

  • CAD/EUR

    0.6808
    +0.0015 (+0.22%)
     

10 Tips for Maintaining Your Rental Properties

BiggerPockets.com
Updated ·1 min read



By Sharon Vornholt

Just about everyone takes care of the maintenance on their personal home; it's a matter of pride for most of us. We all know that it doesn't take too long for little problems to become big problems. Over the years, I have found that many landlords just aren't as diligent when it comes to resolving problems in their rental property.

So What's the Problem?

Why is it that they don't get taken care of in a timely manner? I think it's primarily the lack of having a system to help them stay on track. Landlords certainly know that the failure to diligently monitor the condition of their properties can lead to costly damage over time.

Another downside to not taking care of routine maintenance is that it will always lead to unhappy tenants, and unhappy tenants move out. This leaves you not only with a lot of costly repairs you have to do anyway but delays in getting the home rented again.

It's time to stop procrastinating. Here's a quick checklist you can use for keeping your properties in tip top shape.

This article was originally published on BiggerPockets.com.

Find homes for rent in your area.

%Gallery-184961%
See more on BiggerPockets.com:
The Ultimate Beginner's Guide to Real Estate Investing
Tenant Screening: The Ultimate Guide
9 Steps to Flipping Houses

More on AOL Real Estate:
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.
See more celebrity real estate.

Follow us on Twitter at @AOLRealEstate or connect with AOL Real Estate on Facebook.