If you are the “hands-off” type of landlord and would prefer not having to bother with repairs yourself, that’s fine. Just be sure to have a network of contractors and other professionals you can rely on at any given time.
If you’re the type of landlord that doesn’t mind getting dirty and likes to save money, making basic repairs and maintenance yourself is the way to go. Below are five tasks you should definitely learn how to do right away.
1. Plumbing 101
One of the biggest complaints from tenants is leaky faucets. The good news is fixing them is usually as simple as taking the faucet apart and replacing a worn gasket or washer. Hiring a professional to do this could set you back as much as $125!
Other plumbing tasks you should learn to do include snaking a drain, disassembling a P-trap, and plunging a toilet the right way.
2. How To Replace Electrical Switches And Outlets
Flickering lights or lights that dim on their own call for a professional electrician, but when an outlet or switch stops working, you can fix it yourself quite easily. Often times, it’s just a loose wire that needs tightening, but if not, replacing the offending switch or outlet is a 20-minute job at most. Just be sure to turn the power off at the breaker box before you begin.
3. Appliance Diagnosis And Repair
Most rental properties include appliances. As a landlord, replacing those appliances is a costly undertaking you’d rather not do. As such, it’s a good idea to learn how to troubleshoot and repair appliance problems. Not only will you save the cost of the repair, but you’ll save money on the service call, too.
It’s hard to predict the many things that can go wrong with refrigerators, washers, and dryers, but by searching the symptoms of the issues as well as the brand name of the appliance, you can probably find plenty of information and videos online to help you diagnose and fix the problem.
4. Maintaining HVAC Systems
Many HVAC unit problems require the expertise of a licensed professional but maintaining the units to prevent issues is something you can do yourself.
Learn how to change filters, clean the refrigerator coils, and lubricate the fan motors. Also, if the furnace in your rental is gas, take some time to learn how to replace a faulty thermocouple/heat sensor as these components are often responsible for a pilot light not staying lit.
5. Drywall Repair/Replacement
Damage to the walls in a rental unit is a common issue. You could pay a professional to fill in nail holes or repair large damage, but if you learn to do it yourself, you’ll save yourself $300 or more in repair costs.
Drywall repair is a messy job, but it’s not difficult, and you’ll be glad you know how to do it when you need to get your rental ready for a new tenant to avoid a lengthy vacancy.
Whether to go the DIY route or not is not always a straightforward decision. Time is money, and you may not have the time to do the repairs yourself. Weigh the amount you’ll save by doing these tasks yourself against the cost of hiring a professional to decide which option makes more sense.
FEATURED LINK: Find HOMES for SALE in Winnipeg within your price range.
Hello my dear prospects, I specialize in Residential Single-Family Homes, Duplexes, Multi-family Homes, Condos, Rental Income Properties, Rent-to-Own Homes, Custom New Homes, First-time Home Buyers, Homes for Renovations & Flipping, and Businesses & Investments. I strive to offer the BEST value in Real Estate Service in Winnipeg. Please don’t hesitate to contact me, I am passionate about my work. I can assist you in taking care of your real estate deals. Please try me, You won’t be sorry!
Your Licensed Real Estate Professional / Real Estate Consultant in Winnipeg
In case you are planning on buying a property soon or next year, please don’t hesitate to contact me. Please remember, I’m Your Realtor! Thanks for reading.
CYRIL ROCERO
MAXPRO Real Estate
(204) 557-2405
www.cyrocero.ca
.
Key Tags: Winnipeg Homes For Sale, Top Winnipeg Realtor, Best Winnipeg Realtor, Best Real Estate Agent Winnipeg, First-Time Home Buyers Winnipeg, Winnipeg Best Realtor, Winnipeg Best Real Estate, Best Home Tips and Advise, Winnipeg Top Realtor, Best Winnipeg Real Estate, Best Real Estate News Winnipeg, Filipino Realtor Winnipeg, Best Realtor in my Area, Winnipeg Listings, Lowest Mortgage Interest Rates in Canada, Filipina Realtor in Winnipeg, Best Realtor Winnipeg
.
.
.