Are you a landlord wondering how to best prepare for the upcoming year? Well, look no further! Here are three essential checklists you should make this December to ensure a smooth and successful year ahead.
Maintenance Checklist - Winter weather can be especially harsh on rental properties. To avoid costly repairs, make a list of all the maintenance tasks that need to be done before the end of the year. This should include things like cleaning the gutters, and ensuring that all smoke detectors and carbon monoxide alarms are in working order.
Financial Checklist - The end of the year is the perfect time to review your finances and plan for the future. Make a checklist of all the expenses and income from the past year and use it to create a budget for the upcoming year. This will help you stay on top of your financial goals and avoid any surprises down the line.
Tenant Checklist - Your tenants are the lifeblood of your rental business. Take some time to review their tenancy agreements and schedule any necessary inspections or repairs. This will help you maintain a good relationship with your tenants and keep your rental property running smoothly. Interested in us managing your property to save you time and reduce stress? Get in touch!