As a landlord, preparing your residential rental property for winter before the first freeze is one of the most time- and money-saving things you can do. Being proactive now can prevent the hassle of breakdowns, leaks, and plumbing disasters in the thick of winter. Here are seven of the most important ways to minimize your rental property risks this winter.

7 Ways to Prepare Your Rental Property for Winter

Hammer Home Safe Heating

As chilly weather sets in, tenants will inevitably crank up the heat. It’s essential to educate them about safe heating practices specific to their unit to minimize the risk of fire. Test all smoke alarms and replace any weak or dead batteries, and make sure the heating system is functioning properly. If your tenants plan to use space heaters or fireplaces, go over best practices for safe usage, such as keeping heaters away from flammable materials and not leaving them running unsupervised.

Tend to Risks Presented by Traveling Tenants

Many people travel for the winter holidays, which may leave your rental property temporarily unoccupied for a few days or more. Unoccupied properties are more desirable targets for vandalism, break-ins, and theft, and if tenants will be gone for an extended time, your standard coverage may not cover the unoccupied building. Request that your tenants notify you if they’ll be away for more than two days so you can keep an eye on the place while they’re gone, and ask tenants to put their mail and packages on hold or have them picked up daily while they’re away.

Freeze Plumbing Fiascos Before They Start

Prevent the nightmare of frozen pipes this winter by taking steps now. Before the first freeze, disconnect outside water features like sprinklers, hoses, and pumps for pools or fountains, and make sure exposed plumbing is insulated against the cold. Remind tenants to leave their taps dripping when outdoor temperatures are near freezing, and show them how to shut off water to their unit in the event of a burst pipe. These steps can save landlords and tenants alike a lot of hassle and money.

Rate Your Roof

Heavy snow and ice can stress a roof, causing it to sag or buckle under the weight. It can also lead to excessive exposure to moisture, contributing to rot and mold. Before winter fully sets in, ensure your roof is ready for the season. Call a professional if you notice any sagging, buckling, rot, water damage, or mold growth.

Prevent Pests & High Prices

Before the cold sets in, inspect windows, doors, and other openings around your property, sealing any gaps or cracks that you find and replacing worn weatherstripping. This will serve a twofold purpose: keeping out drafts that can raise energy bills and keeping out pests like mice and insects that have been driven indoors in search of food, water, and warmth.

Schedule Seasonal Servicing

To help your rental property stay in top shape throughout winter, schedule seasonal servicing for critical systems. This includes having your hot water heater, major appliances, and heating system inspected and serviced; cleaning out your gutters to prevent ice dams (harmful buildups of ice along the edge of your roof); and checking for insulation settling or signs of leaks in attics and basements. Regular maintenance not only boosts energy efficiency, but it can also prevent costly emergency repairs down the road.

Perfect Your Policy

Early winter (or before) is a great time to review your rental property’s insurance coverage to make sure no gaps exist for events that are more likely to occur during the winter months, such as frozen pipes. If you’re concerned about any exclusions, reach out to your agent. They can go over options like adding a rider or endorsement to your insurance coverage to provide the protection you need.

Multifamily Policies to Keep You Warm

Preparing your rental property for winter is a proactive strategy that not only protects your investment but also helps your tenants stay warm and safe. By following these essential steps, you can rest easy knowing your property is ready to face the colder months.

As an experienced multifamily rental property insurance carrier, Millers Mutual knows the impact that adequate preparation can have on your rental property, your finances, and your future. Make sure you’re properly prepared for this season by reaching out to an independent Millers agent near you.