Spring is a time of renewal, growth, and new beginnings. For rental property owners, it’s also the perfect time to conduct essential property maintenance tasks to keep your investment in top condition. After the wear and tear of winter, your rental property may need some TLC to ensure it stays attractive, safe, and functional for your tenants. In this blog post, we’ll share nine essential spring maintenance tips for rental property owners.
Why Is Spring Maintenance So Important?
Winter can be rough on rental properties. Freezing temperatures, expanding ice, and heavy snow can damage roofing, gutters, siding, pipes, outdoor water fixtures, and even concrete, creating damage that could quickly snowball into bigger and more expensive problems.
Spring is the perfect time to perform comprehensive inspections of your rental property. Snow, ice, leaves, and debris commonly hide damage to structures, but the precipitation eventually melts, and yard cleanup becomes easier as temperatures rise. This will help you spot any damage caused during the cold months – and the warmer weather will make inspecting the rental property more enjoyable.
Spring inspections also allow you to gauge your tenants’ upkeep efforts. Many people follow a spring cleaning tradition, too, so the living spaces are more likely to be tidy, making it easier to spot concerns or signs of neglect. An inspection also gives tenants the chance to discuss issues that they may not have mentioned otherwise.
Proper property maintenance can optimize the property’s lifespan and functionality. Spring maintenance safeguards your investment, fosters a pleasant living space for tenants, and enhances your rental property overall.
9 Spring Maintenance Tips for Rental Property Owners
Embrace the renewing energy of spring and revitalize your rental property with these tips.
Inspect the Roof and Gutters
The roof and gutters of your rental property can take a beating during the winter months, so it’s crucial to give them a thorough inspection come spring. Look for missing, loose, or damaged shingles, as well as any signs of leaks (like water stains or mold). Clear the gutters of any debris, such as leaves and twigs, to ensure proper water flow and to prevent water damage to the roofing system and siding.
Check the Foundation and Exterior Walls
The foundation is a critical part of your rental property, and any damage should be addressed immediately. Inspect the exterior walls and foundation for cracks, water damage, mold, or other signs of age or harm. If you spot any issues, consult a professional to assess and repair the damage.
Service the HVAC System
Routine maintenance of your HVAC or cooling system will prolong its life, reduce energy costs, make summer breakdowns less likely, improve air quality, and ensure your tenants’ comfort. Schedule a professional service to inspect, clean, and tune up your system. The technician will also be able to identify potential issues before they become costly problems.
Check the Plumbing and Fixtures
After a long winter, it’s essential to inspect the plumbing system in your rental property for any signs of leaks, blockages, or other damage. Check for dripping or spitting faucets, foul smells coming from sinks or drains, running toilets, or drainage issues. If you notice any of these, address them promptly to prevent water damage and high utility bills for your tenants.
Test Smoke and Carbon Monoxide Detectors
Keeping your tenants safe should be a top priority. Test all smoke and carbon monoxide detectors in your rental property and replace the batteries if needed. Make sure the detectors are in proper working condition and up to code.
Inspect Window and Door Seals
Window and door seals can be damaged over time, leading to drafty rooms and increased energy costs. If they’re especially worn, they can even allow pests or moisture into the home, causing physical damage. Inspect the seals for any cracks or gaps, and replace or repair them as needed.
Prepare Outdoor Spaces
If your rental property has outdoor spaces, spring is the time to prepare them for your tenants to enjoy (if tenants aren’t expected to handle yard work on their own). Ensure that walkways and stairs are in good condition and free of hazards like buckling, holes, or loose handrails. Clean up any debris left over from winter, trim trees and shrubs, and inspect any outdoor structures or fixtures for damage.
Adding a full-time landscaper or maintenance crew to your team? Millers Mutual can help you address the associated risks with Employment Practices Liability Insurance.
Check for Pests
Spring is also the time when pests become more active. Inspect your property for signs of pests, such as droppings, nests, visible damage, or the bugs/vermin themselves. It’s wise to invest in preventive quarterly pest control services. If you notice any signs of pests on the property, hire a professional to address the problem.
Review Your Insurance Coverage
Your rental property insurance should help shield your finances from the economic blow of covered events that result in liability claims or property damage, such as natural disasters or tenant accidents. This means maintaining policy limits that reflect recent costs, as well as policies that close gaps in coverage, like commercial umbrella insurance for landlords with larger portfolios.
Each year, inflation, property improvements, housing market changes, or local regulation changes could affect the coverage you need. Setting aside time each spring to review your rental property insurance can help make sure you stay protected.
Prune Your Risks & Grow Your Protection with Millers Mutual
Proactive property maintenance is a vital component of owning a rental property, but it won’t prevent everything. Make sure you’re covered by reviewing your rental property insurance with an independent Millers Mutual agent.
With an exclusive focus on rental properties, our unique insurance solutions include commercial umbrella, flood, Employment Practices Liability, and Businessowners policies – plus so much more.