Referring to rental home ownership nationwide, ascertaining and keeping abreast with the state of each home’s exterior elements is just as necessary as looking ahead to when to replace the carpet or repaint the walls.
Whether you’re renting out an older property or a newly built home, ascertaining the age of each item and how long it can reasonably be expected to last is a significant part of successful rental property management.
Importance of Maintaining Your Property’s Exterior
A good landlord or property manager knows well the healthy lifespan of common exterior elements of your rental property. A product’s lifespan is the full duration it should last, keeping with standard conditions. As an example: a quality cement patio can endure upwards of 50 years, due to the extraordinarily durable nature of cement. On the other hand, wooden decks only last about ten years, given their sensitivity to the natural elements.
For your immediate guidance, we’ve listed several 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 very important to appreciate how long an element is expected to last in your property, particularly if your tenant induces damage beyond normal wear and tear. For instance, if the vinyl siding, which is over 25 years old, gets damaged, the tenant shouldn’t be held responsible for the repair expenses. But, if the vinyl siding is less than 25 years old, the renter would probably be obliged to pay some or all the repair costs.
Stay Ahead of Property Damage
Rather than spend time and money on a purposeless judicial process, the right option to actualize is to be ahead of property damage. With explicit and useful information and a proactive system for property management, it’s absolutely possible to manage and keep every single component of the rental home – both in and out– in an attractive state. Consistently replacing items beyond their beneficial and useful lives is one way to avoid bearing the full cost of repairs due to tenant negligence. Another is complying with regular property evaluations to properly check on various areas of the rental home.
Real Property Management Focus provides a full property management program that encompasses preparing for the coming years and years with maintenance plans, property evaluations, and a lot more. We have the necessary resources and ability to manage your Allen real estate investments profitably. Contact us online or at 773-443-7439 today
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