LANDLORD HINTS & TIPS

Preparing Your Property for Lease

Provide your property in the state of cleanliness and repair that you expect the tenants to maintain.

Your valuable asset requires an ongoing commitment by you. To maintain the competitive position of your property in the market, we recommend:

• Gardening
  If there is substantial lawn area the owner may consider either contributing to the water consumption costs, to ensure the lessees water the garden, or alternatively supply a gardener to mow and edge the lawns on an 'as needed basis'. Depending upon the property, a gardener may be a good idea. This will mean an extra person is regularly keeping an eye on the property for any problems that may arise, the garden will be maintained and will not incur the costs associated with long term neglect.Also the cost of the gardener is tax deductible.
• Gutters
  The gutters should be cleared prior to letting the property and then once or twice each year.
• Pruning
  Trees and shrubs should be pruned at least once a year, particularly prior to winter if there are any large trees close to the house.
• Maintenance
  Where possible a percentage of the rental income should be set aside to cover anticipated future maintenance requirements, e.g. painting.
• Appliances
  Instructions on the use of appliances and any valid warranty details should be supplied to the agent and communicated to the tenant, to ensure correct usage.

For more real estate information, view the latest back issue of our property management update