How to Start a Property Maintenance Company and Step into the Business

Have you been working in the maintenance field so long that you’re an absolute expert now? In fact, some people prefer to continue working in the industry by themselves as this provides them with their desired results. However, there are other people who want more from this industry and aspire to evolve and grow their businesses. If you belong to the second group then you might consider starting your own property maintenance business. As difficult and challenging as it may sound, this is actually achievable provided that you have the required qualities and the readiness to go until the end.  

However, in order to open up your own maintenance business, it is important to have or develop your own creative and business skills if you want to provide sustainable development for the company and ensure its long-term success instead of becoming yet another short-lived company that couldn’t sustain the competition. Once you’ve set up your mind and decided you want to found your own maintenance company, there’s nothing else holding you back except for the basic step-by-step guide on how to plan and start the business. This article will ensure you have all the necessary knowledge needed to get started with your property maintenance company. Here are all the main steps you should consider:

1. Analyze the industry

Now, the first step in starting your own maintenance company is understanding the industry and how it operates. If you have extensive experience in property maintenance, then this will be much easier, and you can quickly determine where you want your company to operate and which services to provide. However, in both cases, it is important to analyze the industry and determine what sector you want to work in. What are your core strengths, and what are the best sectors in the industry? Synthesize these and determine what your company will offer. For example, you might realize that it will be more effective if your company steps into the single-family market and/or offers solutions for REO properties. What’s important about this step is that it will create a solid ground for your to start from and make your ideas more specific.  

2. Determine the risks and potential threats 

This step is also crucial when starting your own business as it will ensure you are well aware and prepared for any potential issues. This is why it is important to do an in-depth analysis of the risks and threats that can come with starting the business and plan on how you can respond to these challenges and successfully overcome them. It is necessary to be well-prepared and ready to overcome challenges. However, we also recommend that you pay attention to not only your strengths but also your own weaknesses as well, as this will hint at where you need to improve and how you can potentially use those weaknesses in your favor. 

3. Choose a company name 

Once you have analyzed the industry and got more specific with your ideas, it is time to come up with a business name for the company. Make sure that your company name reflects your offerings and provides very basic information on the services you provide. However, it is important that you stay away from overused wordings as this can damage the overall brand image. Try to be creative when choosing the name, consider searching for synonyms and finding the one that best reflects your values but also make sure you stay relevant and simple. It is also important to avoid future problems by checking your chosen name and ensuring it isn’t trademarked. This will save you not only time but money in the long run. 

4. Develop your business plan

One of the most important things in creating a company is having a clear, logical, and realistic business plan that will guide your business to success. Whatever industry your business is in, it is important that your business plan reflects your goals and communicates your ideas in a clear and concise way. Make sure your business plan includes an executive summary and company description as well as market analysis and strategy, financial requirements, and goals. 

5. Insurance and licensing 

This point is important in all business areas, however, it is absolutely essential for property maintenance companies. First, make sure you take care of all insurance well in advance to avoid additional problems. There are many risks coming with having a property maintenance business, and these can cause a number of legal problems, which is why you should at least have commercial property insurance as well as general and professional liability insurance.

Also, don’t forget about the licensing and permits that are required for all property maintenance companies. Make sure you have obtained all necessary licenses which can include both national and state-licenses.

Property Maintenance

6. Outline financial requirements

One of the central factors in every business is indeed the financial means required to get the company started, especially in the initial stages. This is why we recommend you have a clear financial plan that will include all the costs. Break down your business plan and try to determine where exactly you will need financial resources and how much. This will typically include expenses for vehicles, supplies as well as location expenses. Once you determine the financial resources required for your business, try to understand how you can obtain them. Do you have enough savings to take care of all expenses? If yes, then this will make everything much faster and easier to take care of. However, like many others, you may not have enough financial resources and need external financing. In this case, consider seeking funding or applying for a loan. Consider the pros and cons of both options and choose the one that will be more beneficial and realistic for you.  

7. Location and team

Once you have taken care of the most essential aspects of formulating your property maintenance company, it is time to choose the location and hire team members to get the business started. Also, make sure you obtain all the basic equipment needed to deliver your services. 

8. Find a property maintenance partner

Once you have taken care of all the steps mentioned above, your company is ready to operate. Now is the time to market your services and find projects to work on. However, in the current market with many players out there, it can be challenging to prove your credibility and build trust quickly. Keep in mind that it takes time to build up your reputation, however, you also need to gain as much experience as possible, including positive reviews from your clients. However, you can simplify all of this by finding a property maintenance partner company that will help you find many local projects and develop your portfolio. A reliable partner will find all the projects for the services you offer and match you with the right clients, making sure you always have enough projects to work on. This is why consider seeking external help by finding a reliable partner to help you grow your business quickly. 


All in all, like any other business out there, creating a property maintenance company from scratch is a challenge that can be successfully achieved with enough motivation and dedication. Even though it requires time and effort in the beginning, having your own maintenance company will open up many doors and opportunities if you prioritize high-quality and accountability every step of the way. Make sure you deliver excellent services and show responsibility if you want to avoid being considered an unreliable and bad contractor. And once you have formed your property maintenance company and are ready to provide high-quality solutions, you can cooperate with a maintenance partner and elevate your business to the next level.

Benefits of Having a Property Maintenance Partner

Regardless of what type of property you manage, multi-family, commercial, or single-family, it requires massive effort and time to keep the property fresh and marketable. Consistently organized property maintenance is essential in order to prevent potential damages or fix the current ones and ensure the house is well-functioning and high in value.

In fact, many property managers find themselves in the time-consuming cycle of planning and managing maintenance in all of their properties, which includes handling responsibilities that slow down the entire property management process, such as finding reliable contractors, long background checks, active communication with all parties involved, and much more.

This is why it is generally recommended that property managers focus on partnering with a reliable company that can simplify the entire property maintenance and preservation process. This article will discuss all the benefits of having a property maintenance partner and what you should consider when searching for one. 

Now, before diving into all the benefits, let’s first understand what a property maintenance partner company is and what they generally do. When it comes to home maintenance, property managers have to ensure everything is organized effectively and by all regulations. A property maintenance partner company works as the point of contact between the property manager and the maintenance crews handling all the work. However, the responsibilities are much more than this. A partner company should have extensive knowledge and experience in the industry and simplify the day-to-day responsibilities of property managers, organize the entire process including finding the right contractors, doing background checks, making sure all equipment is available, making a home maintenance plan, and managing the entire process. Now, while this may seem too good to be true to some property managers, it is, in fact, and there are companies who specialize in this.

Teaming up with a partner company sounds promising but the ultimate question is, what’s in it for you? What are the benefits that truly make a difference and make it a partnership worth investing in? Here are the main benefits you should know about. 

1. Nationwide Coverage 

One of the most important benefits of having a partner company is the factor of getting access to their nationwide services. While handling a house or two may still be manageable, many property managers grow their client list and get in charge of multiple properties over time, including houses that are usually spread around the region and located in different areas. Now, what makes it unrealistic to handle by yourself is the fact that you need to constantly be on the go and be able to get to each location to be able to organize and manage the entire process. And getting your crews to travel to different locations is what makes it truly time-consuming and exhausting to organize. While this might still sound manageable in theory, it is incredibly difficult in action and takes up most of your time, keeping you away from handling other more important tasks. 

But the good news is that a reliable and experienced partner will provide you with nationwide services and find you the most experienced local contractors in each location who won’t need to travel and can get started immediately. Moreover, a local contractor is well-aware of local laws and regulations and will complete the job more efficiently. And in times of emergency maintenance, you can be confident the contractors will get there quickly and solve the issues immediately, increasing your tenant satisfaction as well, which eventually contributes to reduced tenant turnover. Thus, through nationwide coverage, your partner company will free you from all the chaos of moving staff around and working on multiple projects at once. 

2.  Knowledge of Laws and Regulations

While there are specific laws and regulations in each state, one of the most important things for property managers is ensuring that all the work is done in compliance with all the laws of the particular region, and the failure to follow the regulations can cause additional problems and implications. This is why teaming up with a partner company gives you the benefit of stepping down from this responsibility and letting the professional team manage it. The management team in the company keeps track of all the state and local laws and regulations, records any changes that happen and makes sure all the work is done in accordance with them. 

3. Tracking Licensing Requirements

Together with all laws and regulations, a good partner company will always be freshly up-to-date with all the changing licensing requirements in each region and make sure these requirements are followed properly by all contractors. Not only will this elevate the quality of work done, but it will also free you from the responsibility of keeping track of all licensing changes and make it easy to take on projects requiring specific licensing. 

4. Simplified Communication

Simplified communication is by far one of the most significant advantages of working with a maintenance partner company. One thing you should know is that your partner will become the middleman between you and your maintenance contractors and make the communication faster and more efficient. Communication with multiple crews can be ineffective and cause misunderstandings and further implications. However, teaming up with a professional partner will make this process smoother and much easier than before. You will now be able to make comments and custom requests, get quick updates, and communicate your requirements to the team who will make sure that all your requests are done in the best quality. 

5. Reliable Contractors

Finally, working with a partner company would not be beneficial without the factor of quality and excellence. Every property manager looks for high-quality services but not many are able to find this excellence in the current market with a variety of contractors with questionable experience. It is extremely important that the contractors have all the qualifications and licensing, know the regulations and laws before starting the project, and are time-efficient and good in what they do. And while this is the standard to go for, it is easy to get scammed by fake or inexperienced contractors. The important advantage of having a partner is that you can rest easy knowing that all of this is taken care of for you. Your partner company will do all the background checks and ensure quality, and reliability is provided, making it easier for you to focus on your day-to-day responsibilities without stressing out about all the details of maintenance. 

Working with property maintenance and preservation partner is a long-term investment that will not only simplify your workload significantly but also elevate your business and increase your profits in the long run. Your partner company will help you provide complete property maintenance and create an effective house maintenance schedule for each of your properties. While the contractor market is heavily saturated with questionable companies, one thing you can be sure of is that your reliable partner company will get you services of the highest quality, ensuring all qualifications and licensing requirements are met properly. Thus, some of the most important things you should consider when teaming up with a partner are, first of foremost, their experience and qualifications in the industry. Also, make sure to check their reviews and research their clients to be sure of their credibility. And finally, direct and open communication is the key to finding the perfect partner for you. Make sure you communicate your ideas and requirements properly, ask for a demo, and get answers to all your questions, and you can find the right partner that will help you elevate your business.

How to Create Home Maintenance Plans for Your Properties

Property management sounds like an excellent option to earn a large income, and many people get started in the industry focused on this objective only. But like anything else, property management is more than just a profit-generating field, as you need to put a lot of hard work and effort back into it and make sure you are committed fully to the business as a property manager. Having a clear idea of what to expect from a property management career will save you from getting overwhelmed by all the responsibilities and challenges coming with it on a day-to-day basis. In fact, many property managers complain about the massive workload they face and the lack of time to manage everything, from managing tenant screenings and lease agreements up to handling home maintenance plans and tenant complaints.   

Of all the responsibilities and tasks in property management, home maintenance is agreeably the most time-consuming one and can require big efforts, especially if you manage multiple properties at the same time. From regular routine maintenance tasks that can take up days and weeks to organize and manage up to unpredictable emergency maintenance calls, it all seems manageable until the moment arrives, and you need to organize everything on time to ensure your clients are satisfied. However, working closely with a variety of property managers, we have noticed that most of the complaints and unmanageable workloads come from common sources, the most crucial of which are working with unprofessional crews and not having good home maintenance plans for each property. In this article, we will focus on home maintenance plans and help you understand where to get started. 

Now, before diving into the how-to, it is important to understand what home maintenance plans are and how they benefit property managers. Home maintenance plan is a detailed and pre-planned schedule of all the maintenance activities required to keep the property in a sound and well-functioning condition. In addition to all maintenance activities, home maintenance plans also include a detailed list of all assets of the property, their location, how they are used, and other relevant information. 

Thus, creating a home maintenance plan is where you should start your property maintenance, and it is important if you want to achieve successful results. But why exactly start from a maintenance plan, and what makes it so important? In fact, there are many reasons. But to narrow down to the most important ones, first of all, a good maintenance plan will ensure the house is safe to be lived in and all areas of the property operate properly. The last thing you want as a property manager is to receive tenant complaints and emergency maintenance calls one after another, which usually happens when the overall preventive maintenance is not handled properly. This is why a well-designed maintenance plan will ensure the main problems in the house are addressed and lower the costs coming with emergency repairs and bigger renovation problems that arise from poor maintenance. 

Now, the question is, how to create home maintenance plans for your properties that will actually work and bring successful results? When it comes to planning maintenance activities and implementing them successfully, we always recommend working with reliable and experienced experts who know the market and can provide their insight in designing your custom maintenance plan. However, if you want to get started by yourself before hiring professionals, here are some tips that will help you create an effective maintenance plan.  

1. Start with annual planning. 

Ideally, a home maintenance plan will include an annual overview of all the maintenance activities required to keep the house in good condition. This is why it is recommended to start with a yearly overview and list all activities that need to be done each year. Include a schedule for each of these activities to be as precise as possible. 

2. Make a list for each season. 

Now that you’re done with the yearly overview, start breaking down the year to seasons and identify what needs to be done for each season. Start from spring and list all the maintenance activities that need to be done. If you are not sure about what to include in this section, we recommend researching online and finding reliable resources to guide you through the process. There are effective spring home maintenance guides available online that will help you plan the process. 

Some of the most important activities for spring include:

  • Cleaning the gutters
  • Repairing damaged shingles
  • Checking the house for mold
  • Repairing windows and doors
  • Trimming bushes and trees

Just like spring, move to the summer activities and identify the most important things that need to be done during this season. Spring usually requires more effort and time in terms of maintenance since properties are usually damaged from the low temperature and storms of winter. However, if you do proper maintenance during spring, it will be much easier in summer. Once again, write down all the maintenance activities needed to be done in the summer and create a schedule for each of them to simplify the process. Consult with professionals or research online, if necessary. 

Summer maintenance may include: 

  • Painting the house or specific areas
  • Washing the outdoor space
  • Checking for any destructive insects
  • Maintaining the lawn

Once you’re done with spring and summer, move to the colder seasons and start planning for fall and winter, taking into account all activities to prepare the house for the colder months. There are many important factors to consider, and we recommend doing thorough research if you’re not sure what to include in your fall and winter schedules. One of the most important maintenance activities to include during this period is home winterization as it will ensure the house is well-prepared to endure the harsh climate of winter and not get damaged heavily. 

3. Plan all costs required.

Once you have successfully made a detailed plan to maintain the house, it is important to also plan all the costs associated with it to be well-prepared and avoid additional and unplanned expenses. This is why it is important to start planning all services you will need to implement your maintenance plan. If you already work with maintenance professionals, then we recommend you start planning the activities to determine the budget you will need. However, if you don’t have a reliable team to work with, it is important to at least find professionals that will guide you through the budgeting and help you identify how much money you will need to invest in the maintenance plan. This way you will be sure your maintenance plan is good to go. 

Once you’re done creating your home maintenance plan, it is important to consult and get professional insight on the overall plan before starting to work with it. Ideally, your home maintenance plan should be realistic, time-efficient, and effective enough to address all areas of the house requiring preventive maintenance. However, if you’re not sure whether your maintenance plan can be successful and ensure the longevity of the house, then start seeking professional help by outsourcing your home maintenance plan and all the activities associated with it. Many property managers choose to go with this option and ensure all the work is being done with the utmost quality and professionalism while they get more time to focus on other, less time-consuming tasks. 
Outsourcing all maintenance services has become the most optimal choice for most property managers, as it ensures high quality together with flexibility and less involvement from their side required to handle everything. When it comes to creating a successful and workable home maintenance plan, it is important to find a reliable and licensed partner company that will be in charge of the entire process, from creating a successful and detailed home maintenance plan to executing everything with high-quality and responsibility, providing all professionals and equipment needed and freeing you up from the organization, management, and insurance responsibilities.

9 Warning Signs of Bad Contractors and How to Deal With Them

A well-organized and effectively executed property maintenance is one of the key success factors for any commercially successful property, especially if you are in charge of single-family homes that require consistent maintenance for functionality and an elevated curb appeal. However, while there are many aspects to maintenance and preservation, most of the tasks included are extremely time-consuming and require constant involvement to manage everything effectively and right on time.

All in all, prioritizing property maintenance and preservation will only be a long-term investment into your own business and elevate your single-family property significantly. However, when it comes to maintenance, not only is consistency an essential factor but also the quality of the work that’s being done which will either upgrade the house and grow your business or have the opposite effect if done unprofessionally.

This is why it is important to be alert and recognize poor quality and unprofessionalism before it’s too late and you have financial losses and further implications caused by working with bad contractors. 

Working in the real estate industry, many professionals now prefer outsourced maintenance over keeping in-house staff, and the reasons for this are many. First of all, outsourcing all the services provides the flexibility that many real estate brokers look for. Having multiple properties in different locations, outsourcing helps find contractors in each area who know all local laws and regulations and come to work with their own equipment, which is not only flexible but also more cost-efficient. Outsourcing also frees them from all the long recruitment procedures and organizational chaos, providing an effective system that gives them more free time to focus on their listings and rest easy knowing all the job is being handled professionally. This is why it is no wonder that outsourcing all maintenance services is getting more and more popular in real estate. 

Unfortunately, with all the advantages outsourcing offers, it also has a drawback that requires awareness and attention, which is hiring bad contractors and ending up with poor-quality services. While there are professional and licensed contractors out there ready to deliver excellent services, there are also the ones who are not qualified and can only complicate your business. This is why it is important to be alert when hiring contractors and recognize all the red flags of bad contractors so that you end up hiring only the best ones for your projects. Let’s go over the most important warning signs of bad contractors and how to deal with them. 

1. They avoid signing the contract/offer a weak contract

The first thing to consider is the importance of a written contract before starting anything. The contract will protect both parties and ensure everything is done professionally. This is why avoiding a written contract or offering a weak one is the biggest warning sign that the contractor is unprofessional and should be avoided. 

2. They don’t provide references

One thing we know from our long experience is that a good contractor should have references from previous jobs. If they were professional and delivered good services in the past, then getting references should not be a problem at all. 

3. They have bad reviews or no reviews at all

Just like references, reviews are also important, and most professional and reliable contractors today have plenty of reviews available online. So, if the contractor has no reviews at all, then be more alert and try to find out as much as possible before hiring them. And while no reviews are suspicious, bad reviews should immediately signal to step back and not move further with the contractor. 

4. They offer extremely low prices

Working with contractors can be cost-efficient and affordable, however, extremely low prices are usually worth double-checking. Even if you’re looking for affordable options, going with the lowest bid is not a good idea, since cheap prices signal a lack of experience and license.  

5. Poor communication

Good communication is a key factor when it comes to professional contractors. Being open to communication and showing high responsiveness are essential, and if the contractor lacks these qualities and is taking too long to respond, then you should be more cautious. This is why it is much better to pay attention to their communication skills before signing any contracts with contractors. 

6. They don’t meet the deadlines

If you already work with a contractor but something feels off, then this point can also be a huge warning sign. Meeting all deadlines with the highest quality is the most important skill of a good contractor, and if your contractor fails to meet the deadlines or does incomplete jobs, then they are most likely not professional and reliable to work with. 

7. They don’t come with the necessary tools and equipment 

One of the advantages of working with contractors is that they come fully equipped with all the necessary tools for the project, and you can save a lot of time and effort by not having to run around and get the right equipment. If the contractor doesn’t come with the necessary tools, then this should be an immediate warning sign of unprofessionalism and bad quality. 

8. No license and/or insurance 

When it comes to property maintenance and preservation contractors, having proper licenses and insurance are essential to getting jobs in the industry. This is why all professional contractors have their licenses and insurance copies readily available to provide at any given time. That said, if the contractor avoids providing these documents, then this should be an instant sign to not move forward with them and look for a more reliable contractor. 

9. They ask for full payment 

If this is your first experience hiring a contractor, then one thing you should know is that down payments are common, and most contractors will ask for a specific amount to take care of all materials and prepare for the job. However, the appropriate amount to pay upfront usually ranges from 25% to 30% of the full payment. If the contractor asks for more or the full amount (which is even worse), then it can signal their inexperience and unreliability, so make sure you don’t get scammed. 

Thus, if you’re still in the process of hiring contractors for your maintenance projects, then these warning signs will help you along the process and ensure you get the most reliable contractors. Just keep all 9 points in mind and make sure the contractor you end up hiring has all the information and documentation prepared. However, if you already work with a contractor who has these warning signs, then you should take action immediately to not lose more money in the long run. In this case, firing the contractor is the most optimal decision, and you should go for it by providing them with all the reasons. Even if firing a contractor mid-job seems risky, it will do you more damage if you continue working with them. However, if there are certain points in the contract preventing you from firing them, make sure you consult with an attorney to find the right way to end all business with them. 

Having all these warning signs in mind will also help you identify the most reliable contractors who will provide not only the highest quality but also a good work ethic and responsibility. Some other important qualities of a good contractor are their responsiveness in communication, time-efficiency in meeting all deadlines and delivering complete maintenance and preservation services, and following all the local and state regulations properly. Remember that contractors should simplify your work and help you in your projects instead of causing additional stress and expenses. This is why reliability and experience are what you should prioritize when hiring contractors. 

3 Types of Decking & How to Choose the Right One    

If you’re planning to upgrade the outdoor space of your property, there are a couple of important things you should consider, and decks are definitely worth the investment. Whether you want to build a simple patio or a fancier terrace, it can be achieved easily once you know your specific needs and have a clear understanding of the different materials out there. In general, decking is an excellent addition to any house and can have many benefits. First, it will elevate the entire outdoor space around the property and help it look more appealing and well-maintained. This is especially important if you are a property manager working with multiple single-family homes, as making the houses commercially successful is a priority, and most decisions should be made around it. An enhanced curb appeal is a key factor in this process, as the exterior space of any house is an essential part of the entire property. And even if you have an impressive interior space with upgraded furniture, the first impression coming from the outdoor space always stays with potential buyers and is difficult to forget. 

This is why investing in your outdoor space is of great importance, and decks are an impressive addition to it. However, aside from its huge role in the exterior space of the property, decking is also extremely helpful to avoid the complexity of lawn care and maintenance. Even though a healthy lawn itself is a good addition to the outdoor area, it can be extremely time-consuming to maintain and requires a lot of effort too. This is why many people choose decking as a good option to avoid dealing with regular mowing, watering, and all the other lawn care practices. 

There are different materials of decking out there with all their peculiarities, and making a decision among all the available options can be overwhelming. However, narrowing down the huge list, there are three main decking options that most people choose from—softwood decking, hardwood decking, and composite decking. And before making a decision on your own, it is important to understand the difference between them, their specific advantages and disadvantages, and how each of these types works in general. 

1. Softwood Decking

Softwood decking is one of the most popular exterior decking options as it offers many advantages people look for. Softwood decking is made of fast-growing evergreen trees, such as pine or spruce. 

Advantages

1. Softwood decking is the most affordable decking type. Being easily replaceable, it also offers flexibility in price which many people look for. This is why, if you’re looking for a budget-friendly but also good-looking type of decking, then softwood can be the right option for you. 

2. Softwood is eco-friendly. That’s right, being made out of fast-growing trees, softwood is a good option if you prioritize eco-friendliness. 

3. Softwood is easy to work with. Plus, you can easily change colors.

Disadvantages

1. Softwood is not as strong and long-lasting as other options because of its low density. This, however, doesn’t mean that softwood is not durable at all. If well-maintained, it can last up to 25 years. 

2. Softwood requires higher maintenance for durability compared to other decking materials out there. 

Installation & Maintenance

One of the most important factors in working with softwood is that it should be pressure treated before installation. Pressure treatment will typically include anti-rot chemicals, thanks to which the life span of the softwood deck is extended, making it more likely to last longer. Aside from this, the overall installation of softwood decks is much easier as it is very simple and flexible to work with. Besides, not only does pressure treatment expand the deck’s life cycle but it also elevates the softwood’s look and makes it more appealing. 

However, with the necessity of pressure treatment comes also the need for proper maintenance. Even though easy to work with and affordable decking material, well-treated softwood requires regular maintenance in order to make it last longer. In general, softwood should be deep-cleaned and oiled at least twice a year. 

Decking board

2. Hardwood Decking

Hardwood decking is another widely popular decking material, coming from slow-growing trees, such as oak. However, unlike softwood, hardwood is structurally complex and not as accessible, which is why it is more expensive. While there are some drawbacks you should consider when working with hardwood, it also offers a number of benefits and has many superior qualities. 

Advantages

1. The most important advantage of hardwood decking is its strength and durability. Considered to be the most long-lasting decking type, hardwood can serve up to 50 years if maintained properly. 

2. Superior quality is another huge advantage of hardwood decking. While other decking materials can also have good quality, hardwood guarantees the highest quality for decking. 

3. Hardwood also offers various design options, depending on specific tastes and preferences. 

4. Hardwood is the safer option as it is resistant to fire, rotting, and splitting. 

Disadvantages

1. The biggest disadvantage coming with hardwood decking is indeed its price. Because of its rareness, hardwood is the most expensive decking type, even though it is a great investment in the long run. 

2. Having a complex structure and difficult to process, hardwood requires more time and effort for installation. 

3. Maintenance is essential for hardwood decking. Regular maintenance is required if you want the deck to be in a good condition and serve you longer. However, compared to softwood, hardwood is much easier to maintain. 

Installation & Maitenance 

In general, hardwood is a slow-growing tree and can take longer to be ready for decking. It is also structurally complicated and difficult to process, which is why its installation requires more time. However, it is important to follow all regulations and work with professionals in the field to ensure the result is successful and of high quality. 

As for maintenance, it is important that your hardwood deck is maintained routinely and cleaned properly each time. However, it is not as complicated as it sounds. All you need for proper cleaning is soapy water, preferably warm, and a non-metallic bristle, and you’re good to go. 

3. Composite Decking

Of all the three decking types, composite decking is the newest one and is becoming more and more popular thanks to its many advantages. Composite decking is made out of plastic and wood, a modern mixture that results in an impressive-looking deck that offers advantages that wooden decks do not. 

Advantages

1. Composite decking is a long-lasting option and can serve up to 50 years, making this a superior advantage to consider. 

2. Another important advantage to know about is that composite decking is much easier to maintain than other decking types.  

3. Composite decking is also the most mold-resistant decking type out of the three. 

4. Another advantage of composite decking is that, unlike softwood and hardwood, it is waterproof. 

5. Finally, composite decking offers two different forms–board or tile, making it more modern looking and preferred by many individuals. 

Disadvantages

1. Price is one of the disadvantages of composite decking, as it can be quite expensive to get. However, even though it is more expensive than softwood, composite decking is cheaper than hardwood and can serve just as long, making it a good choice.  

2. One thing you should consider carefully when choosing composite decking is its color, as it will be practically impossible to change the color later. 

Installation & Maintenance

When it comes to installing composite decking, it is important to follow all guidelines coming with it. Since it is partially made of plastic, it is important to consider the possibility of thermal expansion, which is why it is recommended to have professionals complete the job for better results. Experienced and skillful contractors know all the specifics of working with composite decking and can deliver fast and easy installation. 

As for the maintenance of composite decking, it is generally simple and easy and requires much less effort than softwood and hardwood decks. While cleaning your composite deck is always recommended, it does not require special treatment like decks made out of wood. 

All of these three decking types are different and unique in their own way, and a common question among our clients is, what is the best material for outdoor decking? To answer this question, it depends on your specific needs and preferences. Each of them has its own advantages and disadvantages that should be considered when choosing an exterior decking type. If you prioritize modern design and durability but are tight on budget, then composite decking might be the best option. However, there are also individuals who want an affordable solution but strongly prefer wooden decks, so softwood is the recommended choice in this case. This is why it is important to have a clear understanding of your needs and budget and consult with a qualified and highly-experienced partner company that can consider all your custom requests and deliver the most efficient and excellent solutions possible. At the end of the day, whichever of these 3 types of decking you choose, the most important thing is that you are confident in your crew, and you can rest easy and watch it all come together. 

6 Ways to Reduce Tenant Turnover and Why it is Beneficial in Property Management 

Rental property business has many benefits but like any other business out there, it has its challenges which every property manager or landlord must know about and be ready for. In fact, when it comes to rental properties, it can often be unpredictable what to expect from your tenants and whether everything will go according to plan. Just when you think you have found the most perfect tenants for your property and can take a breath, they might end up moving out for a variety of reasons. Unpredictable yet very common, losing tenants is something every property manager avoids as it can become a complete nightmare and cause financial losses and additional expenses. However, even though you can not predict what will happen, there are some basic things you can do to minimize the possibility of losing your tenants, and this article will give you 6 ways to reduce tenant turnover. 

What is tenant turnover rate, and why is it important?

Before going for the tips provided by our professionals, it is important to make it clear and understand what tenant turnover actually means and why calculating tenant turnover rate is important for your rental property business. Tenant turnover is when the property remains vacant between the time the previous tenants leave and new ones are found. This period is tough for property managers because while the property is vacant, there is no income generated yet there are certain property expenses that must be paid. 

Whether you are a landlord or a property manager, tenant turnover rate is an essential metric to determine your budget and understand what to expect. Tenant turnover rate is usually calculated as follows: 

Tenant Turnover Rate = Number of Moveouts Per Year / Total Number of Tenants Per Year

Tenant turnover rate is also called apartment turnover rate and is an important metric you should always have in hand when planning your property turnover budget.  

How to reduce tenant turnover?

Now that the importance of tenant turnover rate is clear and you know how to calculate it, it is important to identify the simplest ways you can reduce your tenant turnover to minimize the costs associated with it.  

1. Communicate with your tenants

One of the key factors for reducing tenant turnover is having genuine and direct communication with your tenants. Talk to them, ask them questions about their wants and needs, try to get to know them. This is important as it will help you better understand their expectations from the property and how you can provide them with that. Having a direct and open conversation is the best way you will form a good relationship with your tenants and understand how you can improve the property to make it more welcoming. Also, having feedback from your tenants will help you plan the most cost-effective improvements and create the warmest atmosphere in the house. 

What’s also important is to let them know that you appreciate their feedback and take it into consideration while updating the place as this will help them feel valued and respected, and therefore, more connected.  

2. Be highly responsive

This is another essential thing many tenants value and look for in a property manager. Having a sense of urgency will only benefit your business and increase tenant satisfaction. This is why you should make sure to always be highly responsive to all your tenant requests and provide quick solutions to any issue on the property. While as someone who manages multiple properties, tenant requests can seem insignificant to you at times, remember that they are the ones experiencing the issue and some malfunctions, such as lack of heating or hot water, can become a nightmare for them. 

This is why, to avoid further damage and unhappy tenants, prioritize your responsiveness and make sure all issues are addressed on time. Once again, this will not only make your tenants feel valued but will also improve their experience and reduce the possibility of them wanting to move out. 

3. Strategize your rent increase 

One of the most common reasons why many tenants move out is the rise in rental prices. However, this is something that is unavoidable, and many property managers and landlords simply have to increase the rent as a result of inflation. This is why it is essential to approach this issue strategically and not overwhelm your current tenants with new, much higher prices. In any case, if you plan to increase the rental price, it is important to keep your tenants informed beforehand. One method you can try is offering them a yearly renewal option with less increase in the rent. This will significantly decrease the possibility of them moving out and will be beneficial for both parties.  

4. Improve tenant experience

When it comes to tenant turnover, tenant satisfaction is what will decide whether they leave or not, and the most effective way to achieve this is by providing them with a great experience in your rental property. The overall condition of the property, including curb appeal and interior space, should make them not only feel welcome but provide them with a sense of safety and security, and you can achieve this by keeping the place well-functioning and appealing. This is why prioritizing good property maintenance will ensure the place is always welcoming and safe for its residents. 

5. Make small gestures

Small gestures by property managers or landlords may seem insignificant but for many tenants, they can make a difference. Showing your tenants that they are valued and appreciated and making small gestures to express that is an effective way to strengthen the relationship. There are a number of ways you can show your appreciation on different occasions. For example, you can provide a welcome gift for them and include something useful for the house, such as home essentials. However, a small box of chocolate will also work. The most important thing is to show them your appreciation and your values as a property manager. 

6. Keep an eye on the market

Finally, one more thing you should do whether you are a property manager or a landlord is to watch the market developments and always be up to date with what is happening. Make sure you are aware of what your competitors are offering, and what are some new ways you can improve your place and make it more attractive to potential tenants. This will help you keep the place updated and in sync with the recent trends. 
Thus, when it comes to tenant turnover, knowing your responsibilities as a property manager is one of the key factors in reducing it. Having a strong relationship with your tenants, being responsive to their needs, and expressing your appreciation are some of the ways that will help you increase their satisfaction and provide a good tenant experience. However, when it comes down to the most important factors, keeping the house well-maintained and being responsive to emergency maintenance issues are keys. Partnering with a qualified subcontractor that will assist you and respond to your emergency requests urgently is what will help you to get the most out of your business. After all, the professionalism and responsiveness of your maintenance crews will ensure quick service delivery and improve your tenant satisfaction, helping you reduce tenant turnover and minimize financial losses caused by it.

3 Ways to Estimate Rental Property Maintenance Costs and Budget Smartly

Whether you are a professional property manager or you just own a rental property or two, there is a specific set of responsibilities that you should always be on top of to be able to sustain the business and make it a success. Rental property management is often perceived as a business with much profit, and many individuals expect to take over all the income easily and fast without using any cent on investing it back into the business. Most property managers are well aware that this is not how it works, and part of the profit must be invested back in the property, including not only taxes and insurance but also the rental property maintenance plan. That’s right, in many cases, people don’t want to spend money on maintenance and try to do it themselves or hire unprofessional crews for cheaper prices. This, however, has its own consequences, as what you put in is what you get out of it. And when it comes to rental property maintenance, you need three things—a reliable crew, an effective maintenance plan, and a carefully planned maintenance budget. 

Why is rental maintenance important?

Good maintenance is one of the most crucial things for rental properties. Managing rental homes is not only about finding tenants and collecting the rent regularly, but it entails a list of success factors without which the business cannot be sustained. Having your rental properties maintained regularly will, first of all, ensure they are clean and presentable for sparking interest in the market. When it comes to rental properties, finding tenants is not the most important goal—it is finding the right tenants for the property that you should aim for to achieve real success. Poorly maintained homes will only attract tenants who will continue keeping them in bad shape, but a well-maintained one will attract the ones who are looking for cleanliness and are willing to provide that as well.  

Finally, high-quality maintenance is a long-term investment you should be willing to make if you want to avoid additional expenses coming up as a result of ignoring the small issues and giving temporary and unprofessional solutions. There are a number of minor problems coming up over time in any house, and with rental properties, the rate is higher. Tenants are changing and so are their living habits and how they maintain the house over the course of living there. Thus, in order to avoid low vacancy rates and potential large-scale expenses, it is crucial to develop an effective maintenance plan and have professional rental property maintenance implemented routinely. The most important thing is choosing the right time to go for professional maintenance before it’s too late and there are major repairs necessary.

However, many individuals usually decide to cut all maintenance expenses and avoid going for professional rental property maintenance. It is often the uncertainty of maintenance costs required that intimidates them, which is why it is extremely important for anyone dealing with rental properties to know the basic ways to estimate rental maintenance costs themselves. In fact, there is more than one way of estimating this, and they are quite easy and accessible for everyone to do. Here are the simplest and most common ways how you can estimate rental property maintenance costs yourself before hiring professional maintenance services. 

How to estimate rental property maintenance costs

1. 1% Formula

The one percent formula is one of the easiest and most common ways to estimate rental maintenance costs without taking too much time to focus on external factors and do complicated cross-calculations. According to this rule, you should use 1% of your overall property value and invest it back into maintaining it. In other words, the annual maintenance of your property will cost you around 1% of the entire house value. For example, if you manage a rental property with a value of $500,000, you should be ready to invest around $5000 back into its maintenance. This formula is very simple and easy to work with. 

2. 50% Formula

Another way to estimate rental maintenance costs for your property is the 50% rule, which is what many people go for. This method entails not only the maintenance of your property but also other expenses included. According to the rule, you should invest 50% of your rental income each month back into the property and use it for rental maintenance costs, repairs, taxes and insurance, and other necessary costs related to the property. This is also a smart way to budget and covers a wider range of expenses, which is why some people prefer to estimate using this formula instead of the others. 

3. Square Footage Formula

The third method of estimating rental property maintenance costs is the square footage formula. What you need to do here is use $1 per square foot for all maintenance activities throughout the year. For example, if your property is 5000 square-foot, then you will need to set aside around $5000 annually for maintenance expenses. This formula is closely related to the size of the property instead of its actual value, however, many people find this method the most convenient one for their needs. 

These three formulas are the most common ways people estimate their property maintenance costs before hiring professional services. However, while there is no right or wrong way among the three, there are a couple of factors that should also be considered when doing the estimation. 

First of all, you should also consider the exact type of property you’re doing the estimation for. Maintenance costs are usually higher for single-family properties than for homes in multi-family houses, which is why you should take this into consideration as well. 

Location is another factor worth considering, as the property might be located in a flood zone or an area with a harsh climate, which usually requires more maintenance than a regular house. 

Other factors worth considering when estimating your budget are how old the house is and what condition it is in. Older houses usually require more maintenance and major repairs that will cost more. If the house is not in its best condition, you should consider additional repairs and remodeling, inspections, and other upgrades. This is why whichever formula you choose to go with, it is important to consider these factors as well to make your calculations more accurate and realistic. 

What’s next? 

As simple as they are, these calculations will give you approximate estimates, however, it is important to consult with professionals and narrow it down to more specific numbers. Rental property maintenance is an investment you should make to ensure the property is in its best shape and helps your business grow instead of damaging it. Thus, finding high-quality maintenance services should be your next priority. Whether you need routine maintenance or other repairs, finding professionals who can inspect your property and address all issues is essential. Partnering with a reliable subcontractor that does it all for you will be of the utmost importance here, as you can make all your custom requests, share your concerns and be confident you will receive the most beneficial solutions for your needs. Finding a partner company will also ensure you have a clear understanding of all the work being done and have an effective maintenance plan for your rental property developed by a team of qualified and experienced professionals. 

Thus, one of the things you should look for in a property maintenance company is appropriate licensing and qualifications in the industry, as this will ensure they are aware of all laws and regulations and deliver safe services. Nationwide coverage is another thing that’s important in a company if you want to find quick and accessible services. Finally, make sure your subcontractor can offer fast and clear communication, be in touch regularly and be responsive to all your requests, prioritizing accountability and delivering complete services. If you have found these qualities in a partner, you can just trust the process and rest easy knowing everything is being taken care of in the best possible manner. 

Spring Home Maintenance Checklist

Now that winter is finally over, it’s time to take action and bring your property back in shape after the storms of the colder months. Whether there are issues caused by this winter or ones you simply neglected over the season, spring is the perfect time to start making improvements and freshen up the property to get it in a good condition before summer. Cleaning properties is a must, however, we suggest you make use of the current season and the warmer temperature to do more thorough spring maintenance for the sake of the property itself. This article will help you organize your property maintenance priorities and provide a practical spring home maintenance checklist you need to get started. 

Home maintenance is one of the most crucial parts of property management, as not only does it ensure the house is well taken care of, but it eliminates any potential issues and prevents bigger and longer-term problems that come up as a result of poor and irregular maintenance. Moreover, good maintenance enhances the curb appeal of the house and makes it not only more presentable but better functioning and safe, which immediately increases its value in the market. This is why it is important to always be aware of the condition your properties are in, make sure everything is well maintained and no details are neglected or put off for later.

Whether there is a plumbing issue, HVAC problem, or something else, make sure you are responsive to the situation and address the issue immediately. However, as common as such unexpected problems are, the potential of emergency breakdowns can be minimized by implementing effective routine maintenance that can be performed with different timescales, the most common of which is seasonal maintenance. Seasonal home maintenance is based on the four seasons and is implemented four times a year consequently. Whether you manage a small house or multiple single-family homes, preparing the house for each season will benefit you in a long run. 

Now that winter is over and the warmer months are close, it is the right time to start implementing detailed and high-quality spring maintenance. And if it’s something you’re going for, then we have the ultimate spring home maintenance checklist to help you better orientate and organize the whole process to ensure all important details are addressed. 

 Exterior Space 

1. Take care of the roof.

Inspect the roof and make sure it is in sound condition. The roof is the most important part of any house, and proper roof maintenance ensures the safety and soundness of the overall structure and preserves the interior space. Spring is the best time to inspect the roof of the house for any signs of shingle damage or leaks in order to address the issue on time. 

2. Clean the gutters. 

First off, make sure the gutters are not damaged. Reattach any sagging parts or consider replacing them if the condition is not good. Caulk them to prevent leaks, and remove all debris from the gutters. 

3. Take care of the lawn. 

Now that winter is over, it is time to invest in lawn care as it will spruce up the entire outdoor space and make it look more neat and appealing. For better results, contact a professional for lawn care services who will arrive with all the necessary materials and give a perfect finish to the whole lawn area.  

4. Trim the trees and shrubs. 

Lawn care is important for the overall appearance of the house, but so are well-maintained trees and shrubs. Make sure all the trees and shrubs are properly trimmed so that they don’t cause damage to the roof, windows, or siding. 

5. Inspect windows and doors.

Up next, make sure you inspect and spot any damages on the windows and doors. Whether there is rot caused by snow or they are simply already worn out, make sure you update the caulk or replace them, if necessary, to save more energy. 

6. Inspect sprinkler system. 

Test run the sprinkler system to make sure it works properly and is not damaged by the snow. 

7. Refresh the paint, if necessary.

After the long winter months with heavy snowstorms, it is also important to make sure the paint looks fresh. Look at the overall house as well as the windows and doors and reapply any damaged area for a fresh look. 

Interior Space

1. Run a home safety check.

It is important to test the home safety features routinely to make sure they are working properly. Make sure batteries are changed in smoke and carbon monoxide detectors and exhaust fans are operating properly. Pay attention to the fire extinguishers to make sure the needle is in the green zone. 

2. Check the basement and attic.

Make sure the basement and attic are inspected properly to identify any moisture and signs of leaks. This can cause further complications in the house, which is why it is essential you solve any issue immediately. 

3. Inspect the HVAC system.

Test the HVAC system and make sure the air filters are changed so that the system operates properly. 

4. Check the water hoses of the washing machine.

Look for signs of cracks, and if you spot any, make sure it is fixed and well-functioning. 

5. Check the dryer vent.

The same goes for the dryer vent. Check for lint buildup and make sure it’s cleaned. 

If you’ve taken care of all the points mentioned above, then your house is updated and ready for the warmer months of the year. However, if you’re still not sure where to start from and how to organize the process, consider hiring a professional maintenance crew who will take over the entire procedure and complete all necessary checks and repairs. Many property managers and real estate brokers, who have to handle all maintenance for multiple properties, choose to work with a subcontractor that will assist them in organizing all maintenance checks and inspections and make sure the houses are kept in excellent condition. The most important thing is to find a trusted partner in your subcontractor, a team of professionals who provide quick and effective solutions and simplify the workflow for you by providing high-quality maintenance services. And with the necessity of proper spring home maintenance, it is essential that you find a partner who can keep it organized and productive.

All Plumbing Types and When To Call An Emergency Plumber

One of the key elements of a commercially successful house in property management is high-level maintenance performed throughout the whole property, including both the exterior and interior spaces. This ensures the house is in excellent condition and free of potential issues causing unpleasant experiences and tenant dissatisfaction. Imagine moving to a new house and finding out the whole area constantly smells bad. This is not only unpleasant for any resident but can also develop into a problem requiring remodeling jobs that are both time-consuming and costly to manage. This article will be your guide to the main plumbing types and when you need to call an emergency plumber. 

Plumbing services are often not credited enough, however, they are essential in all property maintenance. In fact, problems with plumbing can cause not only unpleasant experiences but also potential health risks you definitely need to avoid by addressing all problems on time. A good plumbing will first of all ensure your residents do not encounter any issues that can leave them with a negative experience in your property. Resident satisfaction is the key in property management, and following all maintenance practices and providing a place that’s in a good condition will only benefit your business. 

However, aside from the unpleasant smell, plumbing disfunction can also cause cross contamination, which is way more serious of a problem. During cross contamination, the wastewater backs up in pipes and ends up connecting with the clean water pipes, which results in water in the whole system being contaminated. Now, imagine all the effects this can have on the whole household. Consuming contaminated water can cause dangerous health issues, and if your property is not safe for its residents, it can cause even further issues. 

Let’s also not forget about the house and how it can be affected by poor plumbing. Leakage is one of the most common plumbing issues and occurs quite frequently. While at times leaks are minor and can be fixed on time, there are worse cases when huge amount of leakage happens due to failure to address the issue on time. This itself can cause many major problems in the house, including damaged interior, molds, and destroyed walls. Handling these types of problems will not only be more time-consuming but also require more financial investment and effort. This is why it is crucial to have plumbing professionals regularly check the property, so that all problems are detected and managed on time. 

Here are all types of plumbing you need to know about to be able to find the right professionals for your needs:

Pipe Cleaning 

Even pipes of the best quality over time can build up debris that results in blockages and slow waterflow. To avoid further complications, pipe cleaning should be done on a regular basis, as you will make sure all debris is removed, the waterflow is fast, and the pipes will last longer. Pipe cleaning can include sewer and drain cleaning as well as waterline fixing.  

Plumbing Installation

Installation services are usually executed to install plumbing system in the property and start in the initial stages of house construction and continue to be worked on throughout the process. Plumbing installation includes pipe and faucet installation, water heater installation as well as toilet, sink, bathtub and shower installations.

Gas Plumbing

Gas plumbing is another common type of plumbing services, which focuses mainly on gas piping. Gas piping is the installation of the system in the house to provide supply of natural gas for heating purposes. Working on the basis of pressure delivery, gas travels through the system into the house. Thus, professional gas plumbers carry out the installation of the whole system to ensure everything is done safely and efficiently.  

Repair Plumbing

Repair plumbing is usually done to restore and maintain the already existing pipes, bringing them back into a good condition. Restoring damaged pipes helps increase their efficiency and extend their lifecycle. Repair plumbing is usually done when the pipes have leaks, breaks or clogs. There are different types of repair plumbing, including repairs of faucet, pipe, water heater, garbage disposal as well as sink repair, bathtub, shower, and toilet repair.

Waterline Services

Waterline services in plumbing are one of the most essential ones, as they deal with the installation and maintenance of the whole water system of the property. The water system is one of the most complex systems to deal with in the whole house and any potential damage and malfunction can hugely damage the house. This is why it is important to check the system from time to time and make sure all pipes are well-functioning. Waterline services include installation, cleaning, and repair of a water system

Emergency Plumbing

Emergency plumbing is done during unpredicted plumbing malfunctions which you deal with often if you own properties. Emergency plumbing situations can happen anytime during the day, and knowing when to contact a professional emergency plumber is essential to avoid potential damages and complications. Let’s take a look at plumbing system situations when you need to call a professional plumber as soon as possible. 

When To Call An Emergency Plumber

1. Toilet overflow 

Toilet overflow is one of the common plumbing issues when it is recommended to contact an emergency plumber. If you encounter an overflowing toilet, the first thing you should do is turn the valve off from the back of the toilet. If this doesn’t stop the overflow, then the issue is an emergency, and you need to call a professional to fix it.

2. Clogged drains

Do you notice bubbling water and slower drainage? These are signs of clogged drains, and you need to fix the problem before the pipes are completely blocked. Putting off the work will only worsen the situation, so try to contact a plumber to fix the problem as soon as possible. 

3. Gas leaks

This is perhaps one of the most dangerous situations in the household and has more potential risks than the rest. Gas leaks can have a huge impact on health and, in the worst-case scenario, result in death. Having this in mind, it is important to be cautious of the signs, such as feeling the odor added to gas, hearing whistling sounds, and feeling dizziness, irritation, breathing difficulty, and headaches. In case of any sign, you should first turn off the main valve and immediately call an emergency plumber to avoid more danger. 

free home inspection checklist

4. Burst pipes

If you have burst pipes then you don’t need to think twice about calling an emergency plumber as soon as possible. This is the type of emergency that will not be solved without professional intervention, which is why you need to first of all turn off the main water supply immediately and call a plumber for help. Burst pipes will damage your house and furniture, due to big amounts of water released and water flooding. This is why being quick to contact an emergency plumber is absolutely necessary here. 

5. Water leaks 

Water leaks happen in many houses at some point, however, it is important to know when to call an emergency plumber. Major leakages can cause some potential damage not only to the house but to the residents as well. One example is the possibility of water reaching electrical wiring and causing a fire. However, this is not the only one. Leaks can extensively damage the house and cause additional expenses for repair. Moreover, mold that forms in the result is harmful to health and can potentially result in asthma. Thus, it becomes crucial to call an emergency plumber once you notice a considerably larger leakage instead of trying to solve the issue by yourself. 

6. Low water pressure

Speaking of water, there are many cases when water pressure drops and is considerably low throughout the whole house. This is a sign that the pipes are damaged and you need to contact a professional plumber to fix the problem.

7. Sewer line backup 

The most obvious sign of the sewer line being backed up is the sewage smell which you will feel all over the house. This can cause contamination and health issues, so you need to call an emergency plumber and get it fixed on time. 

While emergency plumbing situations come up in almost every property, plumbing, in general, is something all property owners deal with on a regular basis. Whether it’s a minor issue or something as big as gas or water leakage, plumbing systems need constant attention and maintenance to ensure the house is in a good and safe condition. However, when it comes to plumbing, many people prefer to take it into their own hands and try to solve the problems by themselves, which quite often results in even bigger issues. 

Advantages of Hiring a Professional Plumber

Here are a couple of reasons why hiring professional plumbers is a better option for you.

1. It is safe. When dealing with a plumbing system, it is important to know how everything works and have all the skills to solve the issues without causing any further damage to the system. Professional plumbers have extensive knowledge and skills for safe and timely solutions, and their long experience allows them to identify and address the root of the problem. 

2. They have all the necessary tools, so you won’t need to go out of your way and spend more money and time on getting the right tools.

3. They will provide you with all information and advice you need thanks to their professional training and qualifications. 

4. Hiring professional plumbers will be more affordable than fixing the problem by yourself. This is especially important as many people don’t realize that addressing the issue by themselves will provide a temporary solution and cause even deeper problems in the near future. 

When it comes to property management and dealing with more than one house at the same time, it becomes essential to come up with a maintenance plan that will be convenient, cost-effective, and easy to follow. Plumbing is one aspect of property maintenance that requires constant attention and quick decision-making, as it can be unpredictable and risky. This is why finding a partner company that provides all the necessary jobs in one and outsourcing all services is what many property managers go for, avoiding excessive calls and emails and long hiring procedures. When it comes to plumbing services, it is important to be confident that the professional will arrive as quickly as possible and address the issue immediately. When hiring a maintenance company, you should make sure that they have all the necessary qualifications and expertise and won’t deliver incomplete jobs that require more expenses and time to fix. Do your research, go through reviews, and check qualifications before hiring and make sure they can be available in your area at any given time, as this will ensure that the maintenance is done properly and the results are durable and safe. 

How to enhance curb appeal and why it is important in property management

Whether you work in property management or other fields dealing with real estate, your main focus when managing a single-family property is the house and its well-being, since that’s where the success of your business comes from. This is why you should constantly ask yourself, is the property in its best condition? And if not, what is it that can be done to improve it? Sometimes, properties need major renovations, such as roof replacement or a complete winterization, other times everything seems to be in place but at the same time the property lacks overall freshness and attractiveness. You know this when the number of potential buyers reduces and the ones who come to view leave absolutely unimpressed. This is when you know there is a problem with the overall curb appeal of the house. This article guides you through the basics of it and gives you 9 easy ways to improve curb appeal for your single-family property.  

What is curb appeal?

To put it in the simplest way, curb appeal is how the property looks from the street. That’s right, it’s the first impression people get of the house, the first glimpse that makes them decide within seconds whether they like it or not. Not only does curb appeal indicate how attractive the house looks from the street curb, but it also puts the house in comparison with its neighboring houses and shows the contrast. If you have an improved curb appeal, your house will stand out from the other properties around it and not blend in with the rest, leaving everyone intrigued and immediately interested. 

Why is curb appeal important?

If you’re contemplating whether curb appeal is really important and worth the investment, our answer is a firm yes. According to the study on the impact of outdoor remodeling conducted by the National Association of Realtors, 99 percent of NAR members stated that curb appeal is very important for houses to attract more buyers. However, to get a better understanding of the role curb appeal has in property management, let’s break down all the reasons why it’s important.  

1. First Impression

Curb appeal is what gives the first impression of the property, and you need it to be a strong one. As mentioned, curb appeal is how your house looks from the outside, and now imagine if the front yard is messy, the roof is damaged or the paint is fading. It is hardly going to be a compliment for the house. The first step in attracting more buyers is to make the house as welcoming from the outside as possible so that it creates an emotional response and draws people in. It is an important part of the character of your property which many buyers want to see. This is why enhancing curb appeal will ensure the house is aesthetically pleasing, stands out from the rest, and leaves a lasting impression on the viewers. 

2. Interior Expectations 

Talking about first impressions, an improved curb appeal will set the expectations for the interior of the house, and this is more important than you might think. If the exterior of the house is unattractive and poorly taken care of, the buyers will carry that first impression into the interior of the house. And as much as your interior stands out, it will not impress as much as it would have if the outside was properly maintained as well. If the outside is good enough, your buyers will want to explore more. That’s why you should focus on creating harmony between the exterior and the interior of the house and make sure they are both in good condition and attractive enough to spark interest.  

3. Drive-By Buyers

Here is another important aspect not taken into consideration quite often. Many property managers are focused on their immediate buyers but forget about the possibility that the best buyer is out there, passing by the house, and in that case only the house can market and sell itself thanks to its curb appeal. You want the house to be a standing advertisement and a preview of the interior. Make sure you always consider this possibility and have the exterior of your property in its best shape at all times. 

4. Higher Property Value

Finally, the most important advantage of having an excellent curb appeal is that it will increase the value of your property. According to the study on the impact of house appearance on its value, with an improved curb appeal, the property value can increase up to 17%. Moreover, curb appeal is second in affecting the property value, coming after the house size as number one. Thus, you need to start reconsidering your priorities in your property maintenance and take action to improve the curb appeal. 

How to add curb appeal to your property

Luckily, improving curb appeal is not something that will take a lot of time and effort. It can be achieved more easily if you take care of some specific parts that are not in their best condition. In fact, there might be some little details which you don’t realize are reducing the value of the property. That’s why we have created this list of easy ways to improve curb appeal.   

1. Get the front door in a good shape

The entrance of the house is the central point and the first thing that catches attention when approaching the property. This is why you should make sure the door looks fresh and new, and if it’s in a very bad condition, then you should definitely invest in a new one. However, if the door is overall not bad then some slight improvements can freshen it up considerably. Think about a new layer of paint, deep cleaning and designing it in a way that will reflect the overall interior style of the house. Try to make the door stand out and communicate the value of the house. 

2. Create symmetry around the house

This is one thing that not many people pay attention to but can actually elevate the exterior look of the property and make it appear much more attractive from the outside. Symmetry is aesthetically pleasing and makes everything look more put together. Also, this is the easiest way of arrangement. Just make sure all details are balanced together and complement each other instead of appearing too loud and chaotic.  

3. Take care of the roof

Make sure your roof is in a good condition and is properly maintained. If the roof is dated and in a poor condition, then you might consider including roof replacement or re-roofing in your roof maintenance which, even though pricier, can be the best long-term investment. However, if it still has a few years of life, then make sure it’s properly cleaned and maintained in a fresh and good condition, since the roof speaks about how safe and protected the house is. You don’t want the property to look unsafe from the outside, as it will immediately make a bad first impression.  

4. Update the paint of the house 

Cracked materials or other defects can easily downgrade the overall appearance of the house and affect its curb appeal, which is why you should invest in a fresh layer of paint to make the house look new and add personality to it. This is not the simplest investment, but if you can afford it, then you will easily enhance the curb appeal of the house and increase its value. 

5. Create a walkway

Having a proper and well-designed walkway will immediately give a warm and welcoming feel to your house, which is a key factor in attracting more buyers. First thing you can do here is to build a fresh new walkway from brick or stone and add some color to it. However, if it’s something you can’t afford at the moment, then consider updating the old walkway to cover up any cracks or damaged parts of it. This will immediately change the exterior of the house and make it more inviting.  

6. Arrange lawn care maintenance

Lawn care is one of the most obvious and common features of any property that easily elevates the appearance of the house and makes it appear of higher value. Make sure the lawn is properly trimmed, the shrubs and bushes are in good condition, and everything looks neat and clean. 

7. Install outdoor lights 

Have you seen a house at night time and been amazed by how pleasing the lights make it look? That’s right, not only will installing fixtures around the house make it stand out in the dark and look more appealing, but it will make it look safer and more protected, hence increasing the value immediately. 

8. Add shutters 

You can also consider adding shutters to your windows. This not only impacts the aesthetic view of the house but also speaks about controlling ventilation and having extra protection in the house. If possible to be installed, shutters will add up to the curb appeal of the property. 

9. Arrange a pressure washing 

To give an extra refreshment to the overall property, consider pressure washing the whole exterior either by investing in a pressure washing tool or hiring professional maintenance services. The benefits are more than one. First, it will help you give the house itself an updated and neat look. Second, it will remove all dirt from walkways, driveways, patio and sidings, making them look freshly maintained, and the property will be in the most professional condition. 

All these curb appeal tips will not only attract more buyers but increase home value and benefit your business in the long run. You can start making improvements by yourself if saving up money is a priority for you, however, it will definitely take longer time and effort. But if you’re looking for more professional results, then investing in qualified maintenance services is what you need to get your desired end results. With the current developments, you will easily be able to outsource contractors nationwide based on your location and requirements and step back from all the time-consuming responsibilities of improving curb appeal. 

Following these quick and easy curb appeal ideas will transform the property and greatly benefit your business as well. All you need to do is be conscious of the condition the house is in, pay attention to details and take action before it’s too late and more investment is needed to do a complete renovation. A proper curb appeal is not only about looking fresh, it’s about giving your property a personality, a distinct character that will immediately stand out and leave a lasting impression on potential buyers, which is the most important factor in finding the best buyer for your property with the most advantageous price for you.