- 23 August, 2016
- PROPERTY MANAGEMENT
- Investment Property, Landlord, Tax
An investment property needs to be regularly maintained and serviced so it continues to perform.
As an investor it is important to budget and plan to update your property every four to seven years. The timeframe you choose will depend on the weather conditions which affect your investment.
Some simple checks on an investment property could include:
- internal painting;
- external painting (if a house);
- replacing carpets;
- replacing window coverings;
- replacing appliances such as dishwashers, dryers, ovens and stoves.