With Christmas just around the corner, you’re probably looking forward to a well-deserved break. Trouble is, your property manager and tenants are probably doing the same. So how do you keep your investment property safe over the holidays?
Follow our 5 tips.
Tip 1: Be prepared and plan ahead
If your investment property has any plumbing or electrical problems, fix them NOW. Chances are, those niggling little concerns could become major problems when the only help at hand are emergency plumbers and electricians. Over Christmas, they’re hard to find and charge accordingly. Attending to them now could save you a lot of money and your tenants a lot of grief.
Tip 2: Does your investment property have air conditioning?
Air conditioners must be serviced regularly to ensure they remain in good working order. Like plumbing and electrical problems, you don’t want the expense of emergency repairs over Christmas. Remember to clean filters at least once a year to help prolong their serviceable life and reduce repair costs.
Tip 3: Does your property have a swimming pool?
If so, you must have an up-to-date Swimming Pool Certificate of Compliance. In NSW, these Certificates are essential. They last 3 years but it’s important to ensure the pool gate and fencing are regularly checked. You are also required (by law) to have a resuscitation chart clearly visible.
Tip 4: Window locks are a legal requirement
Since March 2018, all strata buildings in NSW are required to have robust, child-proof window locks to restrict how far a window can be opened. This regulation applies to all windows that are 2m above the ground outside and 1.7m above the floor inside. The locks must prevent windows opening more than 12.5cm.
Tip 5: Your tenant’s holiday plans
If your tenant has holiday plans, they need to advise your managing agent how long they will be away and provide their holiday contact details. While away, your tenants need to arrange for someone to regularly clear the mailbox. An overflowing letterbox is an advertisement the property is empty.
What’s your managing agent’s holiday plans?
Obviously, your managing agent is entitled to take a holiday but your investment property and tenants still need to be supervised – especially if the unexpected happens.
At Stills Properties, we ensure all tenants are provided with a list of emergency phone numbers for electrical and plumbing services. These trades have been working with us for years because they are reliable, highly trustworthy and ethical. We also keep on top of all property maintenance issues to minimise the need for any emergency call-outs.
Does your current property manager do this? If you don’t feel your investment property is getting the care it should, get in touch with Stills Properties on 1300 091 638 or email firstname.lastname@example.org.