5 ways to boost your rental property’s appeal

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The key to maintaining your property’s rental value is to always keep it in excellent condition, even between tenancies. 

Whether you have one or 10 rental properties, you need to make sure that the income generated is enough to cover the mortgage. But even if you manage that, what happens when the property starts to suffer from wear and tear?

Maintaining your rental property is a demanding task. However, it is important to keep your property in good condition; during as well as in between tenancies. This helps prevent the rental value from dropping.

Here are five areas you should keep high on your maintenance list to ensure your property remains in tip-top condition:

Get rid of pests

Engage a pest control service to check for pests and to help you eliminate them altogether. 

Prospective tenants may not immediately notice if your rental property has a pest problem. But left unaddressed, pest problems can increase your tenant turnover, and cause your property to become unrentable.

For example, termites can cause untold damage to your built-in carpentry, and rats and cockroach infestations can spread diseases. Some pests, like cockroaches and ants, can be dealt with using over-the-counter solutions. But other pests may require the services of a reliable pest control company.

Tip-top air-conditioning

Mould and fungus buildup can cause long term damage to AC units. 

Many rental properties in Malaysia come with aircon units. And it is usually stipulated in the tenancy agreement that the tenant has to service the aircon units every four to six months.

However, low-quality servicing (or worse, DIY efforts) may not be effective. The aircon can suffer from a buildup of mould and fungus, or the aircon can get clogged and start leaking or smelling bad, affecting the comfort of your tenants.

Prevention is better than cure, so it’s better to have the AC units inspected and serviced by professional technicians. This way, not only will they run more smoothly and efficiently, but you can also prevent costly aircon repairs in the future.

Fix your fixtures

Unrepaired fixtures can lead to more serious damages that can affect your rental income. 

Even if you offer an unfurnished rental unit, fixtures such as door and window handles, light switches, bathroom and kitchen taps, and shower mixers and shower heads tend to suffer from lots of wear and tear.

Conduct regular checkups on these items and replace any fixtures that have worn out. Not only does this improve the appearance of your rental unit, it will also prevent further complications, such as leaks spreading to the walls or under the floor. For these repairs, you can hire a handyman to replace the fixtures.

Update your wiring and plumbing

Faulty plumbing or electricals are a landlord’s nightmare. 

According to Malaysian law, the landlord is responsible for “major” maintenance works like plumbing and electrical wiring, and tenants can expect these basic infrastructures to run without problems.

However, when problems arise, such as leaking taps, cracked switch plates or blown fuses, many landlords try to take the DIY route to save money.

If the problem is simple, and you have some skill in the area, by all means, do the repair yourself. But, if the job is more complex (or dangerous), you will need to hire experts to diagnose the problem and do the repairs.

To ensure your property does not suffer from any long-term damage due to faulty plumbing or electricals, seek help from reliable electricians and plumbers when your tenants report a problem.

Looks always matter

It is always wise to spruce up the place before you put it up for rent. 

First impressions count, and the appearance of your property to potential tenants can make all the difference to get the tenancy contract signed.

After your last tenants have moved out, consider upgrading the appearance of your rental unit. For example, hire a painter to give the unit a fresh coat of paint, or touch up any unsightly areas. You can also hire a handyman to patch up any cracked tiles or damaged flooring.

Then, hire a cleaning service to spring clean the unit. This is the best time to do it as the unit will be empty of any luggage or personal belongings.

This article originally appeared on Recommend.my – Malaysia’s #1 Home Improvement Services Platform. Recommend.my offers a safer and more convenient way to hire the best home improvement and home maintenance professionals. From flooring to interior design to air-conditioner servicing, get access to thousands of the best local contractors and professionals at your fingertips.