In this video, we'll give tips and advice on rental property maintenance for landlords.
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As a landlord, there are a plethora of responsibilities that must be taken care of - some of which can be a real hassle, like uncooperative tenants and a loss in rental income. Another responsibility that landlords typically do not like dealing with is rental property maintenance. Conducting routine maintenance on a property entails year-round attention to the condition of the property, preventative maintenance, and high rental property maintenance costs for the property owner. This is not something that is easy to deal with all year round, especially if you have multiple properties in your portfolio. Luckily, we're here to help ease the pain of maintenance on your investment property. In this guide, we will be going over everything about maintenance, including different types as well as rental property maintenance expenses. Learn more by reading our blog: go.doorloop.com/rental-proper...
0:00 Welcome!
0:46 Why Maintenance Is So Important for a Rental Property
2:02 Withholding Rent Payments (If maintenance is not done)
2:33 Hiring A Third Party
3:07 Contacting The Authorities
3:40 Tenant Evicts Themself
4:23 The Most Common Maintenance Repairs
7:05 The Money
7:39 The 1% Rule
8:17 The 50% Rule
8:51 The Square Footage Formula
9:15 The 5x Rule
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Disclaimer: This video was produced by DoorLoop and is the intellectual property of DoorLoop. The creator featured in this video is an employee of DoorLoop. All information presented in this video is subject to change and may have changed since the time of filming. These videos are for educational and entertainment purposes and are not offering legal advice. Opinions expressed in our videos do not reflect DoorLoop's stance as a company.
Category: Property Management