Three Fall Savings Tips for Landlords

Three Fall Savings Tips for Landlords

What to Expect From 2019 Temperatures This Fall
September 23, 2019

As the fall season rolls in, many landlords are looking for ways to save money after summer’s heightened energy costs. Fortunately, there are some simple cost-saving measures you can take to make the most of your budget this fall. Over the next weeks, we’ll explore these measures a bit more in-depth, but, for now, consider this quick list of tips.

 

Install a Landlord Thermostat

A landlord thermostat is an easy-to-install, tamper-proof thermostat that keeps your property at a consistent and comfortable temperature range. Landlord thermostats work on nearly all types of systems and are easy to install right out of the box, saving you time and keeping your costs as low as possible. Installing a landlord thermostat ahead of the colder months can help you get a handle on your energy costs before winter sets in. It also reduces strain on your system.

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Perform a Fall Inspection

As a landlord, it is important that you perform regular inspections of your rental property. Failure to identify issues as they occur can often lead to larger problems, which can require costly repairs in the future. Be sure to inspect both the interior and exterior of your property, as well as common areas and private quarters. Ideally, you should inspect your property at least once per year – though many landlords prefer to perform twice-yearly or quarterly inspections. Fall inspections can help you prepare your property for the winter months to come.

Handle Fall Maintenance

After you’ve performed an inspection, fall is the perfect time to perform regular maintenance as well as seasonal tasks that can help save you time and money. Regular maintenance can help you prevent serious problems from arising down the road.

Common fall maintenance tasks include:

  • Changing HVAC filters
  • Checking for leaky pipes and fixtures
  • Assessing the property’s roof
  • Checking and changing smoke detectors as needed
  • Addressing any pest problems

 

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Attention to these fall cost-saving tips can help you save money now and protect your property investment for the future. Check back for more insight into these tips over the coming weeks. Or, contact us to learn how you can begin your savings today.