The Importance of Quick Reliable Repairs for Tenant Retention
There are many factors that contribute to tenant turnover – including rent increases and outside factors like unemployment. One of the most common drivers is poor maintenance practices. If critical repair requests are neglected or fulfilled without dependable consistency, tenants are less likely to renew their lease. This can create a swinging door that leads to a loss of rental income and increases your risk of leasing to a bad tenant who will damage your property, fail to pay on time or cause other issues.
In order to retain high-quality tenants, property managers must provide high-quality service.
What Are Some Common Repairs Tenants Require?
- General Wear and Tear: Peeling paints, faded carpeting, damaged floors, etc.
- Plumbing Issues: Leaky faucets, clogged drains, flooding toilets, etc.
- Broken Appliances: Malfunctioning refrigerators, stoves that won’t light, dishwashers where the dishes come out looking or smelling worse, etc.
- HVAC System Repairs: Broken furnaces, clogged filters hindering output, skyrocketing monthly energy costs, etc.
- Electrical Problems: Malfunctioning outlets, flickering lights, faulty wiring that poses a safety hazard, etc.
- Pest Control: Infestations of insects and rodents, with bedbugs being an especially pertinent and dangerous issue for property managers.
- Roof Repairs: Loose or missing shingles, failed flashing, roof leaks, etc.
Why Quick Reliable Repairs Is Crucial
Improved Tenant Satisfaction
Being able to assure tenants that leaky faucets, malfunctioning HVAC systems and roof leaks will be addressed promptly and efficiently will give them peace of mind. Building that trust is essential to creating a positive landlord-tenant relationship that will make the latter feel comfortable and be more likely to renew their lease, which can contribute to a stable rental income.
Reduces Turnover Costs
Turnover is expensive. Each time a tenant moves out, you have to worry about cleaning, completing any necessary repairs and marketing the property to new tenants – all while the space sits empty, making you lose out on rental income. Timely repairs will keep tenants happy and increase the likelihood that good tenants stay longer, thus limiting how much you spend on turnover costs each year.
Improves Property Reputation
Property owners or managers that provide repairs fast can fuel powerful word-of-mouth praise that will, in turn, enhance your reputation. This can make your other properties, if you own more than one or own a multi-family residential property, a more attractive place for prospective tenants.
Maintains Property Value
Timely maintenance isn’t just good for the tenants. Ensuring your property receives prompt repairs when needed will help keep it in good condition, preventing minor issues from snowballing into major problems and costly expenditures.
Legal Compliance and Safety Obligations
Reliable repairs also aren’t merely aesthetic or marketing issues. Failing to address issues promptly may constitute a violation of a property manager’s legal responsibility to keep tenants safe, potentially exposing them to fines or lawsuits. Quick and thorough repairs are your best defense against accidents and the time-consuming and costly legal processes that can follow.
Why Quick Roof Repairs and Maintenance Is Especially Important
It’s important to not leave any type of pressing repairs unattended to. If multiple things are going wrong at once, like severe damage after a hurricane or tropical storm, you may need to prioritize which issues you address first. Damaged roofing should be near the top of property owners’ lists.
Texas’ harsh weather patterns mean damaged roofing will likely lead to serious leaks, interior water damage, personal property damage and mold – all of which can become increasingly expensive to address.
Having a dependable roofing company in The Woodlands on standby to assist with critical repairs can reduce the likelihood of those events occurring, potentially saving property managers a lot of grief in the future.
At Perkins Roofing, we’ll give you an honest assessment of the state of your roof and provide comprehensive maintenance and repairs when necessary so you can ensure your property is always in good condition.
Property Owners in The Woodlands Can Hire a Team of 24/7 Emergency Repair Roofers Who Will Work Fast to Fix Your Roof Damage
Experience the difference working with reputable contractors backed by a 25-year labor warranty can give you. Call Perkins Roofing at (832) 702-0201 today and receive reliable, long-lasting roofing repair solutions that will keep you and your tenants happy.
