With regards to acquiring rental homes in Carrollton, understanding and following closely each of the home’s exterior elements is just as critical as comprehending when to replace the carpet or repaint the walls. Regardless whether you’re renting out an old property or a newly constructed home, knowing the age of each item and how long it can be reasonably expected to last is an important part of successful rental property management.
A good landlord or property manager understands the healthy lifespan of common exterior elements of your rental property in Carrollton. A product’s lifespan is the amount of time it should stand according to standard conditions. As an illustration, a quality cement patio lasts upwards of 50 years attributable to the very durable nature of cement. Notwithstanding, wooden decks only survive practically ten years because of its vulnerability against natural elements.
For reference, we’ve listed a few common exterior items and their average lifespan:
- Garage Door: 15 years
- Automatic Garage Door Opener: 5-10 years
- Wood Fence: 10 years
- Stucco Exterior: 20-50+ years
- Vinyl Siding: 25 years
The idea of a lifespan becomes essential when your tenant damages the property above and beyond what is considered normal wear and tear. For example, if your vinyl siding has been ruined, and it is more than 25 years old, the tenant shouldn’t be held responsible for the cost of repairs. If the vinyl siding is fewer than 25 years old, the tenant would likely be responsible to pay some or all of the cost of repairs.
Rather than take time and money on unproductive judicial proceedings, the best way is to get ahead of property destruction. With the appropriate knowledge and an effective system for property management, it’s attainable to have any part of the rental home – inside and outside – in fine form. Regular replacement of items beyond their useful lives is one way to avoid bearing the full cost of repairs caused by tenant negligence. Another is complying with regular property evaluations to follow each aspect of the rental home.
Real Property Management LoneStar offers an intensive property management program that contains planning for the forthcoming years with maintenance plans, property evaluations, and much more. We have the necessary tools and understanding to make your Carrollton real estate investments profitable for the next several years. Would you like to hear more? Please contact us online or call our Austin office at 512-520-9060 or our Dallas office at 972-949-2000 for more information.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.