How Preventative Maintenance Can Save a Landlord Money

Regular preventive maintenance on a rental property can save a landlord lots of money in the long run.

Catching and preventing a small problem before it escalates into a large one helps reduce the risk of needing costly repairs at a later date.

Here are five preventive maintenance steps that every landlord should undertake to ultimately save money.

  1. HVAC Maintenance -- An HVAC system often requires costly repairs or replacement if not properly maintained. Heating and air conditioning units need their filters changed at least twice per year. A dirty filter makes the unit work harder and possibly malfunction. It is not uncommon for the entire system to freeze up and cease functioning if the filter is so dirty that the unit cannot receive adequate air flow. In order to get the system running again, the landlord will need to call an HVAC specialist and incur a costly repair bill that could have been prevented by bi-yearly, or more frequent, filter changes. Ideally, an HVAC specialist should perform regular maintenance on the home's heating and air conditioning system in the fall and spring to prevent costly breakdowns.
  2. Water Heater Maintenance -- The water heater is often an overlooked home appliance, but it runs every day and needs regular maintenance to keep functioning properly. Water contains sediment, even city water, so over time the sediment builds up the water heater. Sediment clogs the water heater and reduces its overall efficiency. A clogged water heater may start to malfunction and require replacement, which is costly. Flushing the water heater once or twice per year will remove the sediment in the tank and help it continue to run in great shape.
  3. Roof Maintenance -- Roofs are expensive to replace, but a leaking roof can cause extensive and costly damage to a home. Leaks will destroy trusses, insulation, drywall, floors, and the home's very structure. Mold can also form and make the house uninhabitable. Regularly inspecting the roof and fixing any areas of concern aids in extending the life of the roof and stops leaks before they start.
  4. Plumbing Maintenance -- Many people don't give much thought to plumbing maintenance, but a leaky faucet or pipes in a cabinet or under the home can have costly long term effects on a home's structure. Caulking around tubs, showers and sinks erodes over time and starts to fail which lets water seep into the home's walls and floor. Regularly repairing plumbing leaks and replacing any damaged caulking prevents expensive water damage and stops possible mold buildup in the home.
  5. Extermination -- Pests are often an ongoing problem in many areas of the country. Termites can do considerable damage to a home in a short amount of time. According to the National Pest Management Association, termites cause over 5 billion dollars in property damage per year in the United States. Having an exterminator regularly treat a home for termites, ants, rodents and other pests helps deter more costly future problems. In areas of the country that are prone to pest infestations, an exterminator may need to treat the premises every month or bi-monthly to head off the possibility of infestation.

Spending a small amount of money and time on regular maintenance on a rental property will help the landlord stop bigger problems from occurring.

The landlord will not face expensive future repairs or lags between rental income when a property must remain vacant for reconstruction.


Posted on Apr 30, 2015


The Landlord Tenant Board: What it is and When it is Needed

Many times, there are issues between a landlord and a tenant that need to be resolved but are failed to do so, because both parties have gone too far with their actions, and have retaliated in the... More

How to Create a Residential Lease Agreement

Where there is a landlord, there will also be a tenant, and it is no surprise that these two parties can only work together once there is some sort of agreement, contract or a binding deal in place.... More

The Best Sites for Rental and Lease Agreement Templates

Many landlords find it difficult to write and draft a lease agreement. Since every State has its own general template, it can also be difficult to make sure your lease agreement meets all the criteria... More

Landlord Obligations: The Responsibilities of a Landlord

Becoming a landlord is a major deal and no one can simply get up and think, “well, yes I think I should be a landlord and rent out my flat.” If you are thinking that you would like to be a landlord,... More

The Best Landlord Associations for Landlords to Join

If you’re a landlord and want to manage your business in a better way, you should endeavor to get in touch with those industry experts who have the experience and the skills to help you do it. This is... More

The Best Landlord Forums

Landlords and aspiring landlords, do not become as such, without guidance and advice. There is a lot that goes into being a landlord nowadays; in fact, there is so much to learn that it often confuses... More

The Biggest Landlord Problems and How to Fix Them

Renting out an apartment or a house can become a constant revenue source for landlords, but at the same time, it gives rise to several problems. It is a fact that high standards, a strict lease... More

Landlord Tenant Disputes

If you are currently thinking of becoming a landlord only because it helps you have a constant stream of income, you should think twice. It’s not that you should not consider offering your property... More

Unpaid Rent

When you talk about the most common disputes arising between landlords and tenants, nonpayment of rent has to be there in the list. People rent their properties to earn money, and when a tenant... More

Section 8 Landlord Pros and Cons

If you have ever rented a living space and have had to move many times, you’d already know how difficult it is to find decent, affordable and secure living premises. A person has to deal with the same... More