1. Arrange inspections
As well as checks at the beginning and end of a tenancy, you should arrange to make inspections of the property at regular intervals. By keeping an eye on problems as they arise, you can make sure you head them off quickly. Remember, though, that you need to write these inspections into the tenancy agreement, including the amount of notice you will provide before arriving.
2. Educate tenants
Before a new tenant arrives, make sure that you provide them with an information pack that sets out the basic things they should do in order to prevent damage to the property. Many tenants, especially those who have recently begun renting, are not aware of the simple things they need to do in order to keep the property running, but you can avoid problems by making sure that you educate them from the outset.
3. Early intervention saves money
Don’t ignore problems – they will only get worse. If a tenant reports a fault, or if you notice one during an inspection, make sure that you fix it immediately. A simple problem like a blocked gutter, if left unattended to, can quickly grow into a potentially expensive disaster. Make sure that you pay particular attention to the property during the winter months, as this is the time during which many of the most damaging problems can arise.