Seasonal Upkeep and Winterization Tips
Helping Investors Maintain Property Values
by Radian Real Estate Management
As a real estate investor, regular upkeep may be crucial in maintaining assets. With winter approaching, it’s vital to prepare, as minor damage can escalate into serious issues. Consider taking these steps this fall:
» A pre-winter prep party // While changing leaves are beautiful, tree and shrub debris can damage homes and lawns. Consider trimming shrubs and trees away from the house and removing all branches, twigs, and other leaves from the roof that could potentially clog gutters or downspouts.
» Prepare for a winter wonderland // Snow and ice can be hazardous if properties aren’t properly prepped. These conditions can damage roofs, interiors, and plumbing through leaks or burst pipes. Before temperatures drop, it may be wise to service the HVAC system, ensure windows and doors are properly sealed to keep out the cold, drain and close off outdoor water pipes, and provide salt and shovels for snow and ice removal. After lines have been closed off, consider performing a pressure test on the system to help identify any leaks to prevent potential issues when systems are turned back on in the spring.
» Vacant properties need love, too // Often prone to more damage, don’t neglect unoccupied properties, which may require additional winterization. Consider keeping the heat running throughout winter to avoid frozen pipes or other mishaps.
As you enjoy fall, take time to prepare your investments before the weather changes. Proactive maintenance may help prevent costly repairs and ensure tenant satisfaction throughout winter. Be sure to hire reliable, licensed professionals to assist with winterization. That way, when the snow begins to fall, you can sit back, sip a cup of hot cocoa and enjoy it.