#moremaintenance
5 ways to save money on maintaining your investment property - Part 5
Pest control
It’s much easier to do annual pest control than try to address an infestation of insects or rodents once they’ve made themselves at home and started to damage your property. Mice and rats especially, can gnaw away at furniture and fittings and create huge damage if not addressed quickly.
Annual pest control ranges from under $100 up to around $450, depending on the size of the property and its location and quotes are readily available from local operators. Our property manager will be able to help you book this in, so you can proactively protect your property from creepy crawlies.
Spending now on maintenance jobs may feel like a restriction to your cash flow, but making these small investments in maintaining your property can eliminate much larger maintenance bills in the future and by investing regularly in the maintenance areas to keep your investment property in good condition year-round and reap the benefits of good capital growth and happy tenants.
Remember, this article does not constitute financial or legal advice. Please consult your professional financial and legal advisors before making any decisions for yourself.