Rental property owners have plenty of things to worry about—from finding new tenants to maintaining the property and more. One thing that can be difficult is preventing costly repairs. A standard make-ready process can help manage this issue by catching potential problems before they turn into major issues that are expensive to fix. Here’s why the best Palm Springs property management companies recommend incorporating a standard make-ready process into the care of your rental properties!
What Do We Mean By "Costly?"
Rental property owners experience some costs with any repair. However, fixing a toilet that won't stop running is far less expensive than repairing drywall and flooring after a pipe bursts and water damages your rental.
Property management experts know that costly repairs can result from things that real estate investors overlook before they become emergency situations. In many cases, these problems aren't easy to find until it's too late!
Expensive repairs include:
- Termite damage
- Mold and mildew
- A leaking hot water heater
- Water damage from a roof leak
- A new HVAC system
You might think "those things might happen anyway!" However, property management experts will tell you that conducting routine maintenance and keeping up with minor repairs during the make-ready process can prolong the life of water systems, the roof, and the HVAC system. Making these repairs part of your standard rent-ready process can also reduce the potential for a sudden emergency after tenants move in and a costly repair to fix a problem that could have been prevented.
How Can a Standard Make-Ready Process Help?
Conducting routine property inspections is one way to keep an eye out for potential maintenance issues and keep up with repairs. The make-ready process is also an ideal time to catch up on delayed maintenance and conduct significant repairs that can stave off an emergency after residents move in.
Owners never want new tenants to move in then, have to submit a maintenance request for something that isn't working properly within a few days of getting settled in your property. Creating a standard rent-ready process can help property owners impress new residents with a clean home where everything works as it should, to welcome them home.
If you don't have a make-ready process or your current process could use some improvement, there are plenty of good reasons to prioritize a confirmed routine when getting a rental ready for new renters.
Property management experts can verify that a standard process helps:
- Owners and contractors inspect every nook and cranny of a property after tenants move out
- Keep track of completed maintenance vs. tasks that still need to be completed before move-in day
- Coordinate vendors to speed up the process (without missing critical tasks)
- Identify potential problems that need immediate attention before tenants move in
- Ensure that new renters move into a safe, clean, functioning home
- Reduce maintenance and repair costs by taking care of problems before they become expensive emergencies
Not having a standard process for your make-readies can hurt your bottom line! It can also lead to a bad first impression for your tenants during their first month on your property. If they have to deal with maintenance problems and contractors coming in and out of the home while trying to unpack, you lose the potential for a positive, long-term tenant relationship from the beginning.
How Can Owners Standardize the Make-Ready Process?
The best way to commit to a standard rent-ready process is to hire a property management company in Palm Springs, CA! With professional property managers, the make-ready process goes off without a hitch every time. Your properties receive the care they need from top to bottom--and from the inside to the outside--without missing critical areas that could hide a potential maintenance issue.
Property managers have the resources investors need to minimize downtime between renters to maximize rental income. The right residential property management company understands that time is of the essence when preparing a property for new tenants, but they never sacrifice quality or sacrifice steps to get the job done.
Your renters experience the best move-in day and a quality home to start their lease term. With a property manager working through a standard checklist of make-ready tasks and coordinating vendors for cleaning and repairs, owners don't have to worry about anything! Investors also experience fewer maintenance emergencies and enjoy reduced maintenance costs by avoiding significant repairs that should have been taken care of during the rent-ready process.
Avoid Costly Repairs with a Palm Springs Property Management Company
Put your best foot forward with new tenants by conducting routine maintenance and repairs before renters move in. A thorough rent-ready process helps minimize the potential for missed maintenance issues that can be repaired before they become significant (and expensive) issues.
McLean Company conducts a standard make-ready process before new tenants move in, including fixing minor damage like nicks on walls or scratches on floors, replacing light bulbs, and confirming appliances are in excellent working condition. We also inspect every aspect of a property and conduct minor repairs right away to prevent emergencies that can happen when maintenance problems are ignored. If you're ready to standardize your make-ready process and avoid costly emergency repairs, reach out to learn more about our property management services today!
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