{"id":1453,"date":"2023-02-20T01:05:42","date_gmt":"2023-02-20T01:05:42","guid":{"rendered":"https:\/\/reval.com.au\/blog\/?p=1453"},"modified":"2023-02-20T01:12:35","modified_gmt":"2023-02-20T01:12:35","slug":"importance-of-property-maintenance-avoiding-deterioration","status":"publish","type":"post","link":"https:\/\/reval.com.au\/blog\/importance-of-property-maintenance-avoiding-deterioration\/","title":{"rendered":"Importance of Property Maintenance: Avoiding Deterioration"},"content":{"rendered":"<h3><span style=\"font-size: 14pt;\">In every suburb, at least one property is in a state of deterioration.\u00a0<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Driving past older, run-down properties is not unusual in a neighbourhood, especially because Australia has harsh elements that can cause a property&#8217;s external structure to slowly decay. In addition to that, there are also homeowners and landlords who unfortunately don\u2019t know how to do property maintenance; thus, problems keep arising and they end up spending more effort, money and time.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1455\" src=\"https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/2-2.jpg\" alt=\"deterioration\" width=\"960\" height=\"640\" srcset=\"https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/2-2.jpg 960w, https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/2-2-300x200.jpg 300w, https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/2-2-768x512.jpg 768w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Here are some examples or signs of a deteriorating property:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">mildew, mould, rising damp and\/or vermin infestation<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">rotten woodwork, broken glass, wall and floor tiles<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">sagging roof, missing and\/or broken roof tiles<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">water damaged ceilings<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">unsteady walls or balustrades<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">rusting pipework or leaking taps<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">broken gutters and downpipes<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">cracks in walls larger than 3mm wide<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">faults with electrical wiring and fittings<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">blocked drains and poor plumbing<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">bubbling or peeling of paint work<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">overgrown vegetation not cut back from the building<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">retaining walls failing or showing movement<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">hot water system not installed correctly or severely aged<\/span><\/li>\n<\/ul>\n<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1456\" src=\"https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/3-2.jpg\" alt=\"roofing\" width=\"960\" height=\"640\" srcset=\"https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/3-2.jpg 960w, https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/3-2-300x200.jpg 300w, https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/3-2-768x512.jpg 768w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/h2>\n<h4><span style=\"font-size: 18pt;\"><br \/>\nWhy Should You Maintain Your Investment Property?<\/span><\/h4>\n<p><span style=\"font-size: 14pt;\">There&#8217;s no other greater explanation than saying that a property is the most significant investment you will ever own. And if you keep your property in good condition, this should lead to:<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><strong><span style=\"font-size: 12pt;\">TENANT SATISFACTION<\/span><\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Being a landlord means taking care of your property and tenants at all times. And if you do and care, your tenants will continue to reside on your property for a long time.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Keep in mind that tenant retention is way better than having to look for new renters frequently. This avoids vacancy, moving in and out wear and tear, and re-leasing costs.\u202f<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1459 size-full\" src=\"https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/6-1.jpg\" alt=\"tenant satisfaction\" width=\"960\" height=\"640\" srcset=\"https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/6-1.jpg 960w, https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/6-1-300x200.jpg 300w, https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/6-1-768x512.jpg 768w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/p>\n<h3><span style=\"font-size: 12pt;\"><strong>HIGHER SALE VALUE<\/strong><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">A well-maintained property with clean surroundings means fewer repairs. And with that, you will be able to attract good tenants and potentially sell your investment at a much higher price. No one likes to buy a poorly maintained property and spend an extra amount repairing or renovating it!<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Keep your property clean without any damages to the windows or doors. You can also get it painted to make it look attractive, and clear any clutter during the process.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1460 size-full\" src=\"https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/8.jpg\" alt=\"sales value\" width=\"960\" height=\"640\" srcset=\"https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/8.jpg 960w, https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/8-300x200.jpg 300w, https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/8-768x512.jpg 768w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/p>\n<h3><span style=\"font-size: 12pt;\"><strong>MAINTAINING RENTS AT MARKET RATES<\/strong><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">You will have the power to increase your rents as per the market rates if you ensure it&#8217;s in a tiptop shape. An extra $20 or $50 a week due to having a well maintained and presented property can add up considerably over the course of years and can far outweigh the maintenance expenditure to achieve this higher rent.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1462\" src=\"https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/7.jpg\" alt=\"property market\" width=\"960\" height=\"640\" srcset=\"https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/7.jpg 960w, https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/7-300x200.jpg 300w, https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/7-768x512.jpg 768w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/p>\n<h3><span style=\"font-size: 12pt;\"><strong>REDUCTION OF LIABILITY INSURANCE\u00a0<\/strong><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Another great benefit of maintaining your property is that it provides safety to your tenants. Regular maintenance can avoid major accidents such as a broken window or getting injured after falling down the stairs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Because of this, it is crucial that you do not delay fixing any hardware components or be ignorant of the issues. After all, no one wants to feel responsible for causing injury to another person by neglecting necessary repairs.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h4><span style=\"font-size: 18pt;\">With that said, it is just good sense to keep your property well-maintained by not allowing it to fall into a state of disrepair.<\/span><\/h4>\n<p><span style=\"font-weight: 400;\"><br \/>\nRemember, neglecting a property is not good business and could exacerbate into bigger more costly projects.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1464\" src=\"https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/9.jpg\" alt=\"property management\" width=\"960\" height=\"640\" srcset=\"https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/9.jpg 960w, https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/9-300x200.jpg 300w, https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/9-768x512.jpg 768w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/p>\n<h4><span style=\"font-size: 18pt;\"><br \/>\nA Few Helpful Tips for a Good Property Maintenance<\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Hire property managers to oversee and manage your property<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Use reputable local tradespeople who can do repairs and fix issues, regardless whether it is a big or small one, on a regular basis<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Conduct regular inspections for both interior and exterior maintenance<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Promptly fix leaks, check fire extinguishers, air conditioner filters, and hot water systems<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Repair and replace things that need fixing promptly to avoid further deterioration<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Plumbing, heating, cooling, roofing problems, windows, doors, drains, pipes, sewerage, lost keys, and electricity problems are just some of the common issues that can pop up as maintenance items on your investment property.<\/p>\n<p><\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1461 size-full\" src=\"https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/10.jpg\" alt=\"agreement\" width=\"960\" height=\"640\" srcset=\"https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/10.jpg 960w, https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/10-300x200.jpg 300w, https:\/\/reval.com.au\/blog\/wp-content\/uploads\/2023\/02\/10-768x512.jpg 768w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/p>\n<p><span style=\"font-weight: 400;\"><br \/>\nChoosing a property manager who takes a proactive approach to property maintenance is the key to having your asset value protected, maintained and enhanced.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Talk to us to have your investment property proactively managed!<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In every suburb, at least one property is in a state of deterioration.\u00a0 Driving past older, run-down properties is not unusual in a neighbourhood, especially because Australia has harsh elements that can cause a property&#8217;s external structure to slowly decay. In addition to that, there are also homeowners and landlords who unfortunately don\u2019t know how [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1454,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[46,74,79,192,171,24,342,69,343,77,344,78],"class_list":["post-1453","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-blog","tag-investment","tag-investment-property","tag-landlords","tag-maintenance","tag-properties","tag-property","tag-property-maintenance","tag-property-management","tag-property-managers","tag-rentals","tag-rents","tag-tenants"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Importance of Property Maintenance: Avoiding Deterioration<\/title>\n<meta name=\"description\" content=\"In every suburb, at least one property is in a state of deterioration. 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