5 Investment Property Safety Tips That You Should Know That Could Save You $10,000
Safety for property investors is an issue that has more exposure today than ever before!
As a property owner, it is important that a rental property is provided as safe and secure as possible. In the next several weeks, we will look at some ways you can improve the safety in your investment.
Tip 1 — Smoke Alarms -
There is a common misconception that maintaining a smoke alarm is just about changing the battery and pressing the battery test button. The reality is one in four smoke alarms will fail to provide warning in the event of a fire because they have been tampered with, are incorrectly positioned, have not been cleaned and tested with simulated smoke or have expired (yes smoke alarms have expiry dates!!). As a Property Investor you have a duty of care to provide a property that is safe for tenants to live in, managing your duty of care with Smoke Alarm Testing Services is an easy and cost effective way to manage your obligations in this area. If you have not already signed up we strongly recommend you do so.
For more information to;
Tip 2 — Safety Switches -
Although not compulsory for all properties throughout Australia, they are a great way to reduce the risk of electrocution and associated hazards. Our electrician will be able to advise on safety switch installation, use and costs, or should you have your own fully licensed electrician they would be able to assist you.
Tip 3 — Shower Screens -
Installing toughened glass shower screens in the place of wired glass will greatly reduce the risk of injury with such screens. Wired glass can crack under extreme cold and hot temperatures, and cracking can easily injure someone should they come into contact with a sharp crack edge whilst showering. Already damaged/cracked shower screens may be claimable under insurance, so be sure to check with your insurer.
Tip 4 — Security -
It is a basic landlord duty that any locks and latches supplied be workable as every property must be provided reasonably secure. If keys are missing to any locks, have them re-keyed and copies taken. Keep a complete set for yourself and one for the tenant. Photocopy the keys before giving them to your tenant– for good record keeping.
Tip 5 — Tripping Hazards -
Remove any potential hazards that may cause tripping. Pot holes in driveways, unlevel paving and paths, loose carpet and lino edges are some things that can cause tripping. If something is likely to cause someone to trip and injure themselves, have it rectified so that it is rendered safe. Being proactive in this way will keep the chance of a tenant or their visitors tripping and injuring themselves kept at a minimum.
For more information on how tripping hazards and how serious it can be, please go to the blog post;
In short it can cost you $1000s of dollars not taking action on all of these hazards.
About Jhai Mitchell
Jhai is an award winning Internet Marketing Real Estate Agent for Elders Toongabbie and Kings Langley. After running his own internet marketing business he has now set his own sites for the real estate industry. He observed that 90% of real estate agents did not know how to market themselves online. Jhai is now fixed on one goal. To teach real estate agents that they can market online so much better than they currently are.
Since then he has been consistently quoted in the Sydney Morning Herald and Real Estate Business online. He is a regular guest blogger on TheHomePage.com.au, sharing his expertise of marketing aspects for the Real Estate Industry. His biggest passions are his wife, martial arts, dogs and most of all property.