Are you storm ready?
As the summer months approach, many areas around Australia will also enter storm season. There are a few things you need to do as a landlord to make sure your properties are prepared for storm season. Taking some time to prepare now will help in making sure your properties are well-maintained throughout the summer months. Here are our top tips for getting prepared for summer storm season.
Make sure you have the right insurance
Having the right level of insurance coverage for your investment properties is crucial to make sure you're covered in the event of storm damage occurring at your property. You'll want to make sure you have coverage for things such as vacancy loss (in case your property needs to be vacant for extensive repairs) and flooding (even if you live outside a flood zone). If you're unsure of what kind of coverage you have, talk to your insurer and get any questions cleared up to make sure you have the right coverage well ahead of storm season.
Complete maintenance in a timely manner
If your tenant reports general wear and tear to things like windows, doors, the roof and ceilings, these things should be fixed in a timely manner anyway. This is even more important during storm season. Fixing an area of your home where water can leak, or rain can get in could save you costly repairs compared to if the wear and tear isn't fixed before a severe storm.
Make sure tenants are aware of things to check
Your property manager may have already communicated to your tenants that there's certain things they should look out for in a property before storm season. If you're unsure, double check and make sure your tenants know to regularly check their gutters and downpipes, ceilings, doors, windows and roof for any signs of damage. This will help you to be proactive about repairs at the property.
Be mindful of large trees and outdoor items
If there are large trees on your property, make sure they are regularly trimmed and maintained. Depending on the size of the trees and safety of maintaining them, you may need to hire a professional to regularly trim large trees.
Maintain regular communication
It's important not just in storm season but throughout the year as well that your property manager or you stay in regular contact with your tenants. Make sure they have a current contact number and email address for maintenance and repairs to be reported straight away.
While you can do as much as you can to prepare your property for storm season, sometimes severe storms will damage your properties anyway. Being prepared, however, will help with things like stopping leaks from heavy rain and extensive property damage. If you're unsure about what kind of insurance coverage you need and how to best protect your property, make sure you speak to a professional. If you are thinking of buying, selling or leasing contact No Bull Real Estate today! 49552624