In reference to rental home ownership nationwide, assimilating and being aware of the state of each home’s exterior elements is just as relevant as supposing when to replace the carpet or repaint the walls.
Whether you’re renting out an older property or a newly built home, getting the age of each item correctly and how long it can perhaps be expected to last is a necessary part of successful rental property management.
Importance of Maintaining Your Property’s Exterior
A good landlord or property manager is properly aware of the healthy lifespan of common exterior elements of your rental property. A product’s lifespan is the entire duration it should, adhering to standard conditions. To cite an instance: a quality cement patio stands firm upwards of 50 years, arising from the exceedingly durable nature of cement. That being said, wooden decks only last about ten years, given their sensitivity to the natural elements.
For swift reference, we’ve listed here a number of the common exterior items and their average lifespan:
- Garage Door: 15 years
- Automatic Garage Door Opener: 5-10 years
- Wood Fence: 10 years
- Stucco Exterior: 20-50+ years
- Vinyl Siding: 25 years
It’s integral to grasp well how long an element is expected to last in your property, mainly if your tenant triggers damage beyond normal wear and tear. By way of example, if the vinyl siding, which is over 25 years old, gets damaged, the tenant shouldn’t be held responsible for the repair cost. But, as a matter of fact, if the vinyl siding is less than 25 years old, the renter would conceivably be charged for paying some or all the repair costs.
Stay Ahead of Property Damage
Rather than spend time and money on a futile judicial process, the most acceptable option to execute is to be ahead of property damage. With pertinent and helpful information, and a proactive system for property management, it’s definitely possible to manage and keep every single component of the rental home – both in and out– in an excellent condition. Accordingly replacing items beyond their effective, useful lives is one way to avoid bearing the full cost of repairs because of tenant negligence. Another is performing regular property evaluations to surely monitor various areas of the rental home.
Real Property Management Tulsa bestows a full property management program that comprises preparing for the years ahead with maintenance plans, property evaluations, and considerably more. We have the essential equipment and proficiency to needed to operate your Broken Arrow real estate investments profitably and fulfillingly for the hoped future. Contact us online or at 918-532-7020 today!
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