Wit Ventures: Mainenance Tips for Landlords: Don't Wait Until It's Broken.

Thursday, 2 November 2017

Mainenance Tips for Landlords: Don't Wait Until It's Broken.

Don’t wait until something is broken on your property to fix it. Catching a problem and fixing it when it’s small can save you thousands of dollars down the road. As a landlord or property manager, examine your units regularly for these minor fixes and take care of them before they become a huge expense.

1. Check for leaks

Identifying and fixing a water leak early means avoiding the chances of mold growth or wall and ceiling damage. Check around windows, doors, sinks, showers, toilets and water heaters in your units for signs of leakage. Look for water pockets on the walls and ceiling, especially after rainstorms or when the snow has started to melt.

2. Recaulk showers and seal cracks in tile grout

Regular use of bathroom and kitchen surfaces mean cracks and loose tiles. Resealing these areas around the tub, sink and tiles will prevent water from getting into and damaging the walls and floors.

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Shirley D. Neal

Shirley has over 30 years of experience in such diverse businesses as financial planning, manufacturing, and supply. Her education includes a B.A., B.ED., M.ED., C.F.P., N.L.P. and the home inspector’s course as well as having her AZ license for five years. Her family home has given her and her husband the opportunity to do extensive renovation and repairs thereby increasing the value about $100,000 in ten years. She has been able to see firsthand how much a sensible and cost efficient renovations can add to the value of a home. Shirley has chosen joint ventures because she thinks that her experiences an help others achieve their goals and maximize the profits for both parties. In 1979, Shirley became involved in a small group of women who started a metal manufacturing company making small deep drawn metal parts for the automobile companies in Windsor. They took the company from start up to over $400,000 in sales in five years. That was a lot of parts since the parts sold for only five cents per each. In 1985 they sold the company to one of their customers. Whether it was selling mutual funds, teaching foster parents how to recruit foster parents, or working for Tony Robbins, Shirley has put more than 100 percent into every endeavour she was involved in.