A rental property’s exterior appearance is a striking element of its overall appeal. Which is why making the right arrangements about the appearance of your rental property in Washington is just as relevant as what goes inside it. Among all the elements in a rental home that requires repair and maintenance, there are three essential items that could end up producing costly mistakes. First is not advising tenants about flood resources and purchasing flood insurance, next is spending too much on landscaping, and failing to perform erosion prevention tasks are all costly mistakes that property owners can easily avoid with the right property management plan.
1. Lack of Communication Regarding Flooding
Quite likely, the most critical mistake a property owner can make is not informing tenants about flood resources and purchasing flood insurance for their rental property. Regardless if the place has a dry climate, floods can still happen basically at every place in the country. Storms, broken pipes, and other incidents can leave severe home water damage. Making sure tenants know what to do in the event of a flood is a perfect way to prevent such a costly hazard.
There are valuable resources online and in your local community that should be distributed with all tenants. One more significant point that property owners can arrange to avoid costly mistakes is to acquire flood insurance. Many landlord insurance policies do not include coverage for flood damage; flood insurance must typically be purchased separately.
2. Spending Too Much on Landscaping
Having a gorgeous landscape is a sure-fire technique to entice quality tenants to a rental home. But paying extravagantly on elaborate landscaping can bring about a negative outcome on both a rental home’s value and ability to draw in prospective tenants. Some property owners wrongly assume that when it comes to landscaping, more is always better. But many tenants don’t want to deal with the amount of work that is needed in maintaining an elaborately landscaped yard. In the case of rental homes, simple and attractive is far better than a showcase garden.
3. Failure to Employ Erosion Prevention Tactics
Implementation of routine checks for signs of erosion throughout a rental property’s exterior for large cracks and gullies in the soil, wet spots that never seem to dry, and dying plants or brown spots can all be signs that erosion is causing damage to a rental property’s yard. The more delayed the erosion goes unchecked, the more expensive the damage will be to repair. With some proactive landscaping, such as gravel, landscape timbers, and properly installed gutters and downspouts, a rental property owner can better evade pricey repairs and keep their Washington rental home in a solid state year after year.
One of the best defenses that property owners have against costly mistakes is knowledge and prevention. When you hire a professional property management company, you have a team of industry professionals on their side, making sure that proactive property maintenance and cost-effective exterior improvements are taking place on a regular basis. Real Property Management Southern Utah has the management plan you need to keep your property values high and your rental home profitable. For more information, contact us online or call 435-673-4242 to speak with someone in the office.
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