Your best tenants may move when their leases end if your property has too many frustrating problems. As a property owner, you need to be aware of common tenant frustrations and make sure your rental units are up-to-date and function properly. If tenants complain about problems, you should address them immediately. Next, you should check to see if these issues are limited to one unit or are widespread. If your units are all having similar issues, it’s time to call in a multi-family construction company to help bring your property up-to-date so you won’t lose tenants.
Plumbing is a big issue for tenants. If your property has constant plumbing problems like backed up toilets, limited hot water or bad water pressure, residents will be frustrated. Plumbing problems affect the quality of their day-to-day lives so they will lose patience quickly. Make sure you work with a multi-family construction company that has significant experience with plumbing issues. They can advise you on how to approach plumbing issues. Your multi-family construction partner may recommend a variety of solutions such as upgrading water heaters, replacing plumbing lines and a variety of other solutions.
Tenants expect their homes to be warm in the winter and cool in the summer. You will get complaints quickly if your HVAC system doesn’t function properly. Tenants won’t renew leases if they are physically uncomfortable. Dealing with HVAC issues can be a significant project. You should work with a multi-family construction company that can thoroughly examine your HVAC system and make recommendations for improvement. Some upgrades may have energy and tax advantages if you switch to more energy-efficient equipment. Your multi-family construction company should give you options that include energy-efficiency improvements.
You should consult with your multi-family construction company representative about other issues around your property. The multi-family construction company can inspect the property for additional concerns that may irritate your clients including loose railings, loose windows, old sliding doors, cracked sidewalks and bad fencing. They may also recommend updating your clubhouse if hasn’t been renovated recently. Nice clubhouses are a big attraction for new tenants so you should consider any recommendations your multi-family construction company suggests.