Deferring maintenance can be one of the costliest moves a landlord can make in the long term. It’s important to stay on top of minor repairs for a variety of reasons. The most important thing is to stop what is now a small repair from becoming a big, expensive repair. That loose screw in the storm door can mean the door can be ripped off in heavy winds. Failure to address that minor leak promptly can mean a ceiling falling down and in conjunction, require mold remediation. These are real-life examples of how a repair that would have been less than $100 turned into a cost of several hundred dollars. (more…)
