Winterizing Tips to Protect Your Investment Property

Winterizing Tips to Protect Your Investment Property
by

Come in from the Cold with the Help of a Hard Money Lender

Tempuratures have dropped. If you’ve not yet done so, it’s time to winterize your property, both inside and out, to avoid loss of value. Even in milder winter climates like Washington State, extreme weather fronts can take you by surprise and leave you and your real estate investment – literally – in the cold.

We’ve got the major “to do’s” to keep your home snug, warm and winter–ready:

Quick Home Winterizing Checklist

  • Caulk and seal around windows
  • Weatherstrip doors
  • Remove garden hoses, cover exterior faucets
  • Check furnace, replace filter
  • Clean and store lawn equipment
  • Clean and store outdoor furniture
  • Clean and cover air conditioner units
  • Clean out gutters and downspouts
  • Shut off water supply and drain out irrigation system
  • Check crawl space for water
  • Insulate switch plates
  • Refresh carbon monoxide alarm batteries

Have empty investment properties, like rentals, renovation sites or a vacation home? It’s important to take additional steps to protect your property against the cold:

Vacant Property Winterizing Checklist

  • Turn down thermostat
  • Shut off water supply and drain plumbing system
  • Open faucets, drain waterlines
  • Turn off appliances
  • Clean out refridgerator, empty freezer
  • Strip and wash bed and bath linens
  • Empty freezable liquids (vases, jars, fountains)
  • Close hampers and fireplace flues
  • Lock all windows, doors
  • Leave exterior lighting on
  • Empty all trash

Hard money loans warm the way

Sometimes extra cash is a must when it comes to safeguarding your property from wintry weather. Our hard money lender services provide investors fast, convenient loan options in Washington as well as Oregon and Idaho. Contact the Gregory M. Russell team today to learn more about our private money equity loans.