Real estate has long been heralded as one of the best ways to invest your hard-earned dollars. However, building your portfolio of rental properties isn’t the only thing you’ll need to secure your financial future. With any type of property ownership, regular maintenance is the best way to keep your investment cash-flowing. This principle rings especially true when it comes to your roof. Roof maintenance is extremely important for your rental property, and here’s why:
Like almost anything in life, the sooner you can tackle a problem, the better. With the rare exception of a natural disaster, most roofing issues don’t happen overnight. They take weeks, months, even years to develop.
That said, there are ways to catch little problems before they escalate into something big. One maintenance tactic that’s worth the time is a regular roof inspection. There are many qualified roofing contractors in Overland Park, KS, that can do the job, so there’s no excuse for putting this task off. Roof inspections are way more cost-effective than a Kansas roof replacement, so consider scheduling regular checks for all your rental properties.
#2. Protect Your Tenants
Of course, having a well-maintained roof is important from another perspective. The roof protects your tenants and all their belongings. Keeping a rental property in good condition is part of the responsibility of being a landlord. Being proactive with property maintenance, including roof inspections, can save on time-consuming visits to the property and claims from your tenants for damage due to negligence.
Whether you own residential or commercial property, most roof warranties require that you perform some kind of annual maintenance to keep the warranty valid. Roofs are one of the most expensive items to replace, and they also undergo a lot of stress from the unpredictable Kansas weather. Insurance companies don’t want to carry the risk associated with lazy landlords. That’s why most warranties build in a clause that includes mandatory check-ups. Make sure you read the fine print on your roof warranty to make sure you’re doing everything you should to keep the warranty in effect.
#4. A Discount on Insurance
Along those lines, you may be able to save on monthly home insurance premiums. Insurance providers are more willing to work with responsible property owners. If you take good care of your rental properties, it may lower your insurance premium. A well-maintained roof is less likely to have issues that result in an insurance claim than is a roof that’s ignored until a hail storm hits. Also, if you have multiple rental properties, your insurance company may give you a discount when you combine all your properties into one insurance policy. Local roofing contractors in Overland Park, KS, can often advise landlords on the basics of how insurance policies for rental properties work. Give them a call for advice, especially if you’re considering a Kansas roof replacement.
Convinced? Give Shamrock Roofing and Construction a Call!
Shamrock Roofing and Construction is one of the your roofing contractors in Overland Park, KS. If you’re ready to invest in your rental properties with a roof inspection, we’re here to help. We’ve been helping Overland Park property owners – both residential and commercial – with their roofing needs for over 40 years. Our goal is to make roof maintenance as easy for you as possible by offering free roof inspections to all our customers. We’d love to help you keep your real estate investments in top shape. Call today to schedule a free roof inspection for your rental properties!