Top 3 Maintenance Issues Costing Investors Money with San Antonio Rental Property
Every rental property comes with maintenance and repairs. When you’re renting out a home, you have to expect that there will be both routine and emergency maintenance issues to take care of. Smart investors plan for these things ahead of time and create a budget and a preventative maintenance plan.
The most common maintenance issues are different from region to region, and the hot climate here definitely impacts how you must maintain your rental property. Today, we’re discussing the top three things that will cost you money when you own a rental property in San Antonio.
Maintaining Your Air Conditioning and HVAC Units
The first and most common repair that rental property owners in San Antonio will have to make pertains to the air conditioning unit and the entire HVAC system. This is due to the climate in San Antonio, which is hot and humid. The air conditioning in your property will run almost all year long. South Texas is not known for its comfortable summers, and the heat is only made worse when things get windy and dusty.In this type of environment, the air conditioning at your rental property is not only going to run for longer; it’s also going to run with more force. You’ll need a powerful cooling system that can reliably run all day long.
To prevent costs from being higher than average, we have some recommendations.
You can prevent huge costs by making periodic filter changes. This is usually the responsibility of your resident, so make sure they understand how frequently to change the air filters and what types of filters they need. It’s not a bad idea to send reminders every month, or you can even have them delivered to the property.
Another great idea is to have a semi-annual cleaning and servicing of the air conditioning and HVAC unit. This will help you maintain the system and you’ll also know if there are any issues that might cause problems in the next month, year, or even five years. Get a contract in place with a reliable HVAC technician who can help. We recommend that our investors schedule an inspection and cleaning in April or May and then again before the winter season. It cuts down on problems and emergency expenses.
A little prevention is key to saving money, maintaining your system, and keeping your tenants cool throughout the hottest days.
Maintaining Your Irrigation and Sprinkler Systems
The second major maintenance expense you can expect when you invest in San Antonio is irrigation. Your sprinkler systems will work almost as hard as your air conditioning systems. With the heat and the dry season, your sprinklers in the yard work hard.
Residents and owners both like to keep their grass nice and green, so sprinklers are going on a regular basis.Make sure you’re maintaining the irrigation and checking on how it’s performing.
Otherwise, you can waste a lot of water or see your entire system deteriorate before it should.Check on your irrigation system seasonally. In the summer it’s typically always running, but when it gets cold, you don’t want the pipes to freeze and crack or burst. In Texas, that can be an issue.
Make sure there is no water left inside the irrigation system when cooler temperatures approach.Your preventative maintenance plans will help you take care of your irrigation system and your sprinklers as well.
Flush the sprinklers at the end of the watering season.
Make sure there isn’t any water inside the system when winter approaches.Check the sprinklers periodically to make sure they’re not frozen or damaged.
Maintaining your San Antonio Rental Property Roof
Roofs can also be a major expense, and it’s another area where a bit of prevention will save you a lot of money and hassle in the future. The heat takes a toll on your roof. The unwavering sunshine also wears the surface down. With shingle roofs, the heavy rains that we can get in San Antonio are often damaging. Sometimes we have high winds and hail. Weather in San Antonio is often intense. Thunderstorms and even tropical storms are not out of the question. Make sure your roof is ready for extreme weather as well as general wear and tear.
Have your roof checked by a professional roofer on a regular basis. If there’s a minor repair, make sure you fix it so you don’t end up having to replace your entire roof. Trim away any tree branches that might be compromising your roof, and clean out your gutters. You don’t want to give water or debris an opportunity to enter your property. Water can be devastating for a rental property, and you don’t want to find out that you’ve had an intrusion after it’s too late and you’re cleaning up mold and rot.
As you can see, the three main expenses for any San Antonio investor preparing a maintenance budget are air conditioning, irrigation, and roofs. This should help you prepare for what you’ll have to spend to protect the condition of your San Antonio investment property. Remember that preventative measures save you money and create a habitable, well-maintained home for your resident.
Maintaining your property is like having a car. You have to rotate the tires and change the oil. Check the on and off switches, and don’t assume things won’t break. You need to be proactive and preventative.
Get ahead of things and be financially aware of the things that can happen.
We also have other opportunities to connect with us and learn more about investing in San Antonio. You can visit our Facebook group of investors, which is called Master Mynd. It’s a real estate investors’ club, where you can exchange ideas with other owners. Check out our weekly real estate podcast as well, called The Myndful Investor. We invite leaders in real estate and property management to talk about their success and, more importantly, their failures. There’s a lot to learn from this relatable content.
13 Renovations That Will Lure Millennials to Your Rental Property
In deciding which rental home renovations to make, owners should consider the tastes of millennials, who are now firmly in middle age.
What Exemptions Apply to AB 1482, California’s Statewide Rent-Control Law?
Learn about the AB 1482 law, also known as California's Statewide rent-control law and how this can affect you as a property owner and the rental homes you own.