Is it a good idea to let a tenant do property maintenance?
When a tenant comes to you wanting to do some simple renovation work or property maintenance, it can seem like an attractive offer.
However, before you agree there are factors you should seriously consider:
Will the tenant require something in return? Will they request a reduction in rent or some other kind of compensation for their efforts?
Do they have the required skills to do a good job? For example, re-painting a room may sound simple, but the reality is different and a good job requires a significant amount of preparation and skill (ever tried cutting in along ceilings, mouldings and other areas that require a perfectly straight line of paint?)
Could they do more damage than good? Do you really need to call in a professional to deal with the issue. If it's anything to do with electrics or plumbing, the answer is definitely yes!
If you are supplying the materials, and the job is substandard will it end up costing you?
Have you considered the implications if the tenant injures themselves while attempting repairs?
What if the tenant asks for compensation for their work at the end of the tenancy?
Always proceed with caution, and ask your property manager if you have any questions or concerns.
Today’s Mind-Bender is the Last of the Year! Can You Guess It Before Everyone Else? 🌟🎁🌲
I dance in the sky with green and gold, a spectacle few are lucky to behold; I’m best seen in the south, a celestial sight—what am I, lighting up the New Zealand night?
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
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Christmas Spirit
Went to New World Christmas Eve brought some groceries and as I went to pay a
very kind Lady behind me in the queue reached out and paid for my purchase.
The world still has some wonderful people in it even in these troubled times.
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