If you have decided to rent out a house, it is wise to do everything possible to protect your property, as you will be responsible for making any repairs that are necessary. There are actually numerous things that can be done to prevent your house from getting damaged. For instance, being cautious about who is chosen as tenants is one of the things that can be done. You want a tenant who will take good care of the house and report problems in a timely manner. This article provides a list of tips that will be useful as you venture into renting your house out.
Hire Someone to Provide Regular Maintenance
It is important for regular maintenance to be performed in order for your house to remain in a condition. Hiring someone to provide your tenant with maintenance when it is needed is a good way to make sure problems are fixed in a timely manner. It is not a good idea to leave problems in your house for a long time, as they will get worse. For example, if a tenant reports that a plumbing line is leaking, you can end up with excessive water damage in your house if a prompt repair isn't made. Water damage can also lead to mold developing, which can put the health of your tenant at risk and possibly land you I a lawsuit.
Place Strict Rules in Your Rental Agreement
No matter how consistent you are about taking care of the maintenance for your property, it can still fall into bad shape with the wrong type of tenants. The best thing that you can do is make sure there are rules in place that details how your tenants must take care of the house. Simply hire a real estate lawyer to draft up a rental agreement on your behalf. He or she will include everything that is important, such as what will happen if your tenants neglect your property. It is also important for you to make sure that what is written in the rental agreement is strictly enforced, such as by filing for an eviction if it is necessary.
Rid Your House of Termites
Termites can destroy your house in no time if they turn into an infestation. It is wise to prevent termites from getting into your house altogether, as they constantly consume wood. Hire an exterminator such as Tri-County Termite & Pest Control, Inc. to treat your house for termites every now and then so you won't have to deal with the damage that they can cause. The exterminator can also give you pointers in regards to making your house less appealing to termites, such as preventing high moisture levels. Your rental property will keep you in business for many years to come if it is properly taken care of.