Skip to Content

Three Costly Mistakes Twin Falls Property Investors Make with Exteriors

Twin Falls Home Exterior View at DuskA rental property’s exterior appearance is a major piece of its general appeal. Therefore, using sound judgments about the outside of your rental property in Twin Falls is as equally significant as what goes inside it. Among all the foundations in a rental home that requires repair and maintenance, we have narrowed the list down to these three items that could result in creating costly mistakes. Not advising tenants about flood resources and purchasing flood insurance, spending too much on landscaping, and failing to perform erosion prevention tasks are all costly mistakes that property owners can easily avoid with the right property management plan.

1.      Lack of Communication Regarding Flooding

Maybe the most damaging mistake a property owner can make is not informing tenants about flood resources and purchasing flood insurance for their rental property. Floods can occur wherever in the country, even in dry climates. Storms, broken pipes, and other events can result in severe home water damage. Extending help to tenants and making sure they know what to do in the event of a flood is a critical primary step in avoiding such a costly hazard.

There are useful resources online and in your local community that must be disseminated to all tenants. One more major action that property owners can prepare to avoid costly mistakes is to purchase flood insurance. Most landlord insurance policies do not include coverage for flood damage; flood insurance must typically be purchased separately.

2.      Spending Too Much on Landscaping

An attractive landscape is one dominant technique to charm quality tenants to a rental home. But spending extravagantly on elaborate landscaping can leave an undesirable bearing on both a rental home’s value and ability to draw in prospective tenants. Some property owners incorrectly believe that when it comes to landscaping, more is always better. The truth is, most tenants don’t want to deal with the amount of work needed in maintaining an elaborately landscaped yard. In the case of rental homes, simple and attractive is far better than a showcase garden.

3.      Failure to Employ Erosion Prevention Tactics

Implementing routine checks for signs of erosion encompassing a rental property’s exterior for large cracks and gullies in the soil, wet spots that never seem to dry, and dying plants or brown spots can all be signs that erosion is causing damage to a rental property’s yard. The more prolonged the erosion goes unchecked, the more expensive the damage will be to repair. Along with a bit of proactive landscaping, such as gravel, landscape timbers, and properly installed gutters and downspouts, a rental property owner can better avoid expensive repairs and have their Twin Falls rental home kept in good shape year after year.

One of the best defenses that property owners have against costly mistakes is knowledge and prevention. When you hire a professional property management company, you have a team of industry professionals on their side, making sure that proactive property maintenance and cost-effective exterior improvements are taking place on a regular basis. Real Property Management Magic Valley has the management plan you need to have your property values high and your rental home profitable. For more information, contact us online or call 208-734-4001 to speak with someone in the office.

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.

The Neighborly Done Right Promise

The Neighborly Done Right Promise ® delivered by Real Property Management, a proud Neighborly company

When it comes to finding the right property manager for your investment property, you want to know that they stand behind their work and get the job done right – the first time. At Real Property Management we have the expertise, technology, and systems to manage your property the right way. We work hard to optimize your return on investment while preserving your asset and giving you peace of mind. Our highly trained and skilled team works hard so you can be sure your property's management will be Done Right.

Canada excluded. Services performed by independently owned and operated franchises.

See Full Details