and companies to find a reasonable rate. Build a list of great contractors and different tradespeople who can help you maintain and repair your property. Create a digital list and save it for the future so you don’t lose it. It’s a good idea to have this list ready before you begin renting out your property because you can’t predict when you’ll need repairs; you never know when there’ll be damage to your property. The goal is to find a handful of skilled and certified contractors who know what they’re doing yet don’t cost a fortune. The best way to do this is to start developing connections and relationships with local contractors, tradespeople, businesses, and companies involved in home maintenance, including construction workers, electricians, plumbers, renovators and remodelers, painters, roofers, bricklayers, and other contractors and tradespeople. Building the relationship is important to ensuring you have people to help you, both now and in the future, whenever the need arises. You’ll also want to screen them, to ensure their credibility, reputation, and skills. Make sure they’re certified and licensed, and ask for references.
CONDUCT REGULAR INSPECTIONS
As I’ve discussed, you’ll need to check on your property regularly for inspections to make sure the property is being well- maintained, to check for any damage, and to check up on your tenant. Refer to Chapter 6 for more information on inspections.
DEAL WITH ISSUES AND PROBLEMS QUICKLY
This bears repeating: If any issues, problems, or complaints arise while your tenant is renting your property, don’t wait. Don’t twiddle your thumbs. Don’t let sleeping dogs lie. Don’t hope for the best. Don’t put it off. Deal with it now! The sooner, the
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