Hi everyone,
So I received a call from my property manager to advise she had carried out a routine inspection. She sounded enthusiastic/keen which is great. She did make a few recommendations about maintenance on my IP.
I don't mind doing this work but I wanted some advice from fellow investors:
1. how often do you typically replace the carpet in your IPs?
2. how often do you typically repaint your IPs?
3. would you repaint for scuff marks and mould or ask the tenant to clean?
4. have you ever painted with the tenants still living in the property?
There is an identical unit that is renovated downstairs and leased for $10 more p/wk. Given I'm up for lease renewal, would you consider increasing the rent or leave it as is given the tenants are going to be inconvenienced during the above works. I thought of leaving it unchanged as they have been good tenants.
Much appreciated for your advice/suggestions... Thanks!
So I received a call from my property manager to advise she had carried out a routine inspection. She sounded enthusiastic/keen which is great. She did make a few recommendations about maintenance on my IP.
- replace the carpet as they are looking pretty worn/warped (not current tenants fault) - I actually agree and was meaning to replace and improve some areas with floorboards;
- attend to minor items such as grout, seals in bath and exhaust fan (again I'm ok with this to prevent further damage);
- then she said that the bathroom had mould and would need to be repainted because the exhaust was not working. She also suggested getting a quote to repaint the entire apartment at the same time as the walls were badly scuffed.
I don't mind doing this work but I wanted some advice from fellow investors:
1. how often do you typically replace the carpet in your IPs?
2. how often do you typically repaint your IPs?
3. would you repaint for scuff marks and mould or ask the tenant to clean?
4. have you ever painted with the tenants still living in the property?
There is an identical unit that is renovated downstairs and leased for $10 more p/wk. Given I'm up for lease renewal, would you consider increasing the rent or leave it as is given the tenants are going to be inconvenienced during the above works. I thought of leaving it unchanged as they have been good tenants.
Much appreciated for your advice/suggestions... Thanks!
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