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Three Costly Mistakes Sun Valley Property Investors Make with Exteriors

Sun Valley Home Exterior View at DuskA rental property’s exterior appearance is a massive portion of its general appeal. That’s why making the right decisions about the external aspect of your rental property in Sun Valley is just as vital as what goes inside it. With all the things in a rental home that need to be repaired and maintained, there are three items that could turn out wrong, resulting in costly mistakes. Not informing tenants about flood resources and purchasing flood insurance, spending too much on landscaping, and failing to perform erosion prevention tasks are all costly mistakes that property owners can easily avoid with the right property management plan.

1.      Lack of Communication Regarding Flooding

Possibly the most detrimental blunder a property owner can do is not informing tenants about flood resources and purchasing flood insurance for their rental property. Floods can occur everywhere in the country, even in dry climates. Storms, broken pipes, and other incidents can result in severe home water damage. Helping tenants know what to do in the event of a flood is an important first step in countering such a costly hazard.

There are great resources online and in your local community that ought to be dispensed to all tenants. One more critical thing that property owners can do to avoid costly mistakes is to obtain flood insurance. Most of the landlord insurance policies do not include coverage for flood damage; flood insurance must typically be purchased separately.

2.      Spending Too Much on Landscaping

A beautiful landscape is an extraordinary means to entice and lure quality tenants to a rental home. But then again, spending excessively on elaborate landscaping can create a negative bearing on both a rental home’s value and ability to draw in prospective tenants. Some property owners incorrectly assume that when it comes to landscaping, more is always better. But several tenants don’t wish to shoulder the amount of work that it takes in maintaining an elaborately landscaped yard. In the case of rental homes, simple and attractive is far better than a showcase garden.

3.      Failure to Employ Erosion Prevention Tactics

Conducting routine checks for signs of erosion throughout a rental property’s exterior for large cracks and gullies in the soil, wet spots that never seem to dry, and dying plants or brown spots can all be signs that erosion is causing damage to a rental property’s yard. The more time the erosion goes unchecked, the more expensive the destruction will be to fix. By means of proactive landscaping, such as gravel, landscape timbers, and properly installed gutters and downspouts, a rental property owner can have better odds against avoiding repairs that will require a lot of money and keep their Sun Valley rental home in excellent shape year after year.

One of the best defenses that property owners have against costly mistakes is knowledge and prevention. When you get the services of a professional property management company, you will have a team of industry professionals on your side making sure that proactive property maintenance and cost-effective exterior improvements are taking place on a regular basis. Real Property Management Vision has the management plan you need to make sure your property values high and your rental home profitable. For more information, contact us online or call 818-233-8789 to talk to somebody in the office.

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