Winter investment property checklist
If you own one rental property or many, it’s important to keep them in good condition. That means doing some specific maintenance during winter in order to keep your investments in tip-top shape.
Gutters There are many reasons why cleaning out your rental properties’ gutters is important as winter creeps in.
If there’s a build-up of leaves, sticks or other debris in gutters, this can be a fire hazard. That’s not to mention the potential to block up the structure itself, which can make it difficult for water to drain through.
This can lead to bigger problems later on, such as gutters that sag, along with mildew accumulating in the area. It can also cause water damage, which could potentially affect the home itself.
Have a chat with your property manager about the options open to you. They will probably be happy to organise a professional gutter cleaner to visit your property, but you can do the job yourself, if you’re so inclined.
You’ll need to have access to a sturdy ladder, for starters. You can either collect leaves and mulch in a bucket, working your way along the gutters. Alternatively, you can scoop out what’s accumulated and throw it onto a tarpaulin sheet, placed underneath the gutter. Keep an eye out for hazards such as overhead powerlines. Be aware of your obligations under the Health and Safety at Work Act.
Mould If your property is poorly ventilated, this is only going to lead to mould issues.
Give your tenants the appropriate notice and give the property a mould-killing go-over if there’s a build-up of the nasty stuff.
Encourage tenants to open windows in areas that get steamy - such as bathrooms and kitchens - for instance.
Insulation While insulating your rental property is a cost for you, you might find that you can secure a better weekly rent from tenants, given they won’t have to spend as much on their electricity bills.
If you get the opportunity to insulate the property thoroughly, this could pay off in the long run. Have a chat with your property manager if you’re not sure of the right approach.