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Property management companies like Transglobe Property Management like to save money while being able to ask for a higher asking price for their living space. One way of doing this is by using quality products when preparing the space. There are a few things that companies like this will do.
Use a long lasting battery in smoke alarms. Buying a smoke alarm that takes a ten year lithium battery means not having to worry about the batteries for long periods of time as well as being able to keep the tenants safe. In many states some kind of fire alarm is a requirement in rental houses and the landlord is usually responsible for maintenance of such things.
While it may at first though seem like it is wiser to spend less money on a cheaper paint and repaint between tenants, the paint job will last a lot longer if you use a high quality paint that the tenants can wash as they go. If the paint doesn’t come off, you won’t have to repaint between tenants. Make sure that it is a neutral color like white or a light beige and make sure that tenants know they are responsible for the state of the walls when they leave.
If you don’t feel like you can take care of these sorts of things as well as regular maintenance on the house you are renting out, it can be a wise idea to look into getting a property manager to do it for you. It means less money for you, but it also means less work. Look into bigger companies like TransGlobe Property Management to ensure that they will have the manpower for your place.
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