11 Property safety & security While your property doesn’t need to be in totally perfect condition, as an investor you need to ensure it is in good repair and fit to live in, while complying with all safety regulations and laws for rental properties. Complying with regulations You will need to ensure your property meets regulations and guidelines covering energy efficiency, smoke alarms, ventilation, presence of mould or pests, swimming pools, window safety and overall security. As well as current obligations for an investor relating to stairs, decks, balconies, railings, blinds, water efficiency and electrical/ gas safety. Security is another important aspect with functioning door and window locks a must (where window locks are fitted they must be working and keys provided). Keep on top of repairs Take advantage of periods when your property is empty to attend to any repairs – either DIY or call in a licensed tradesperson. Don’t overlook things that seem trivial or which you’ve grown accustomed to, like mouldy bathroom grout, dripping taps, broken tiles or chipped paint. This avoids small problems growing or requiring costly emergency repairs down the track. Pools and spas If your property has a pool and/or spa make sure these are thoroughly clean and sparkling, and compliant with any applicable safety laws. In most states pools need to be registered and inspected for compliance, with appropriate fencing required for both pools and spas. During a lease we recommend owners engage a professional pool maintenance contractor, while the renter covers the cost of chemicals. This ensures the pool functions optimally, reducing costs and allowing you to anticipate any maintenance issues. How we can help Our property managers can advise on the safety and security regulations which apply to rental properties in your state, and can recommend reliable tradespeople and pool professionals before and during a tenancy.
RkJQdWJsaXNoZXIy MTI3ODI1