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Don’t get caught off-guard: Forecasting tips for on-time, on-budget rental property maintenance

Buildium

Forecasting rental repairs is no easy task—after all, you can’t predict exactly when an HVAC system will fail, a pipe will burst, or a roof will sustain damage. As a property manager, surprises are the last thing you want. Property Condition: A property’s maintenance history plays a big role in its repair needs.

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Rental Property Maintenance Guide For Landlords

Rental Choice

Landlords have numerous responsibilities when it comes to running a rental property. One of the most important is rental property maintenance. Why Is Rental Property Maintenance Important? Property maintenance for rentals is crucial for several reasons.

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Keeping Up With Rental Property Maintenance

American Apartment Owners Association

Being a rental property owner can be a highly rewarding experience, but it does come with its own responsibilities. Once youve gone through the process of screening for the perfect tenants, such as your tenant background check , there will be routine and unexpected maintenance and repairs that will fall into your lap.

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Who is Responsible for Rental Property Maintenance?

Real Property Management Chicago

In the world of rental properties, numerous maintenance responsibilities fall under the purview of either the landlord or the tenant. With effective communication, tenant satisfaction, and cost management, it helps to know who is in charge of maintaining rental properties.

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Mastering Unforeseen Rental Property Expenses

Real Property Management Chicago

Imagine you find the ideal property, do the math, and expect an ongoing supply of rental income—only to find out later that there were other costs you missed. The Promise and Reality of Rental Property Investment Rental property investing may appear like a profitable opportunity, but it’s important to manage your expectations.

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The Next Chapter in Property Management: Trends to Watch Out For

Real Property Management Chicago

The swift change in the rental property management industry is no surprise. All of these factors, taken together, have lastingly altered the property management landscape. What then drives property management going forward? As a professional in the industry, staying ahead of the trends is imperative.

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Maintenance Mastery: Creating Schedules That Preserve Property Value

Real Property Management Evertrust

Effective property management hinges on regular maintenance, as every successful rental property owner knows. Addressing upkeep proactively helps maintain property safety, appeal, and occupancy while enhancing its value. Understanding the Key Components of a Property Maintenance Schedule.