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Renting is getting much more expensive in Florida cities. The increase in the average monthly rent is almost 8% more than last year. Right now, property owners have an opportunity to make a good return on their investment. However, no one cares for a rental home as well as they would their own home. As a Panama City landlord, you need a team of service professionals immediately available to prevent and solve any water emergencies that come up.
Maintaining Your Investment
Caring for your property ensures that you will get and keep the best tenants. One common reason that tenants give “notice to vacate” is the lack of maintenance done by owners. Therefore, keeping the client happy results in a longer term, and they also tend to take better care of your home. In conclusion, an unhappy tenant could result in a vacancy which usually
costs you more than the repair would have.
Keeping your property well maintained also benefits you 1) since it looks more appealing to new tenants, and 2) if you choose to sell down the track. Plus, many owners plan to “keep it in their family “or to one day move into the property themselves; any work done now is a nicer home in the future.
Who Is Responsible For Repairs In A Rental?
It’s a common question that is often confusing for both tenants and landlords alike. Basically, tenancy laws read that property damage from “fair wear and tear” is the landlord’s responsibility while accidental or malicious damage caused by the tenant is the tenant’s responsibility.
Reasonable wear and tear could include bathroom taps leaking or seizing up; that’s the landlord’s responsibility to fix and pay for these repairs. Landlords are also responsible for a full range of urgent and non-urgent repairs to prevent or repair water damage. An urgent repair could be anything from a burst water pipe, busted hot water system, a broken toilet, serious flooding or any fault that makes a premise unsafe or unsecured. Additionally, landlords are responsible for damage arising from natural disasters: fixing a broken roof from a fallen tree, hurricane flooding. No matter who is responsible, the owner still needs to get a water damage team in as soon as possible to assess, repair and restore in order to prevent additional damage like mold and mildew growth.
Partner With A TRUE Partner
Daystar Cleaning And Restoration believes the most cost-effective way to do maintenance is while the tenant is still in the property paying rent. Any delay to suspected water damage could cause exponential water damage in less than one year. Waiting until the property becomes vacant may result in a longer vacancy period between tenancies. In addition, handling maintenance issues when they arise maintains your investment in this premium market and will help you in the future when you decide to move in or sell.
Your Business Is Our Business, Too
At Daystar, we understand that your rental property is both your business and your investment in your future. We treat both your property and your tenants with respect. We’ll arrive at your property fully equipped and ready to get started. We have air movers, dehumidifiers, subfloor drying equipment, and wood floor drying systems to take care of your water damage problem fast.