It is important to repair a rental before new people move in because you want to be able to charge a fair rate for it. You might not be able to rent it at all if it needed work done. If you are planning to rent out a place this could help you because it talks about common rental repairs you might want to watch out for. As the landlord it is usually your job to fix these things. You are responsible for making sure the place is safe and livable.
Key Takeaways:
- The typical cost to repair a fridge, stove, or dishwasher is $50 to $100 an hour.
- Even a small water leak, if left untreated, can lead to an expensive mold problem.
- Brandon Turner estimates 90% of water leaks under sinks involve the drain pipe, which is generally fairly easy to repair.
“A slow drip from a sink or bathroom can end up costing you hundreds of dollars per year.”
Read more: https://www.biggerpockets.com/renewsblog/most-common-rental-repairs/