News

Ongoing repairs, component breakdowns and other maintenance costs are an ongoing headache for many landlords in New Zealand. At Propertyscouts, we’ve had years of experience supporting landlords as they find more efficient ways to mitigate the risk of costly maintenance issues. Here are out 5 tips to reduce costly and time-consumptive repairs: 

 

1. Invest in Quality Appliances

When it comes to setting up your rental properties, cutting corners is never the answer. Opt instead for quality components that withstand the test of time. From modern appliances to robust heating and cooling systems, prioritising durability over thriftiness pays dividends in the long run. Whilst that cheap-second hand fridge may be tempting, consider the increased risks of breakdown and leaks, leading to more frustrating and costly repair call-outs in the long run. By ensuring your properties are equipped with quality amenities, you not only reduce maintenance headaches, but also attract tenants who are willing to pay a little extra for quality and comfort. 

 

2. Consider Regular Maintenance Checks 

Shield your rental properties from costly repairs and disruptions by adopting a proactive approach to maintenance. Regular inspections conducted by property management professionals can uncover potential issues before they spiral out of control. By nipping problems in the bud, landlords safeguard their investments and maintain tenant satisfaction. Let Propertyscouts guide you in implementing a comprehensive maintenance plan tailored to your properties unique needs.

 

3. Modernise your Property’s Core Systems

Outdated plumbing and electrical systems are not only prone to breakdowns but also deter quality tenants. Your Propertyscouts property manager can liaise with quality electricians & plumbers to assess and upgrade your property's infrastructure to contemporary standards. Investing in upgraded plumbing, electrical, heating and ventilation systems could reduce the chance of leaks, electrical faults and long-term moisture damage. Although these upgrades may initially be costly, you could save thousands on bigger issues as outdated components begin to fail further down the line. 

 

4. Stay On Top Of Property Maintenance

Stay one step ahead of maintenance issues by promptly addressing concerns as they arise. Leaks, faulty appliances, and neglected repairs can escalate into costly disasters if left unchecked. Partner with the likes of Propertyscouts property management NZ to ensure timely and thorough maintenance services. By proactively managing your properties, you not only preserve their integrity but also cultivate trust and satisfaction among your tenants.

 

5. Cultivate Positive Tenant Relationships

The key to successful property management lies in fostering positive relationships with your tenants. Thorough tenant screening and regular communication are essential for attracting reliable occupants who treat your property with care. By maintaining an open line of communication and addressing tenant concerns promptly, landlords can prevent minor issues from snowballing into major headaches. With Propertyscouts guidance, landlords can navigate tenant relations with ease, ensuring a harmonious rental experience for all parties involved.

 

By implementing these five strategic approaches to property maintenance, landlords in New Zealand can effectively reduce costs, enhance property value, and foster tenant satisfaction. With Propertyscouts expertise in property management, we aim to support landlords as they navigate the challenges of rental property ownership with confidence.