Spring is Here—and So Are Your Surprises (The Good Kind!)

Hey there, Smart Utah Investor,

We hope your Easter was egg-cellent (couldn’t help ourselves 🐣) and that spring is off to a fresh, energizing start!

To celebrate the season of renewal, we recently ran a promotion to give back to our amazing community of Utah property investors. Thanks to everyone who participated in our Spring Property Health Check giveaway. And now, drumroll please… 🥁

Congrats again! Your evaluations are already on the books—we’re looking forward to helping you stay ahead this spring.

💬 You Spoke. We Listened. Let’s Talk: Unexpected Repairs

In our last investor poll, we asked: What’s your biggest property management pain point?

The #1 response?
"Staying ahead of unexpected repairs."

Let’s face it—homes are like people. They age, they creak, and they need TLC. But when you’re juggling multiple properties (and life!), surprise repairs can feel like a punch to the portfolio.

So, how can you get ahead of them? Here are some pro tips from our Nestwell team:

🔧 1. Budget 10% of Monthly Rent for Repairs
Set aside at least 10% of your rental income each month. It’s a small buffer now that can save you from big bills later.

🕵️ 2. Schedule Regular Evaluations
Quarterly or bi-annual evaluations help identify small issues before they become costly repairs. Plus, they keep tenants accountable and your property in top shape.

🧰 3. Educate Tenants on Reporting Issues Early
A clogged drain today can become an overflow toilet tomorrow. Creating a “no shame, no delay” environment for maintenance requests protects your ROI.

📋 4. Keep a Preventative Maintenance Checklist
Think HVAC tune-ups, gutter cleanings, seasonal roof checks. An ounce of prevention is worth a pound to cure.

👉 We broke it all down in a brand-new blog just for Utah property investors like you:

Property Maintenance Hacks Every Utah Investor Should Know 

💡 Want to learn more about how quarterly evaluations can protect your investment?
Respond to this email or email [email protected].

👀 Up Next: Market Trends + Maximizing Tax Deductions

Another hot-button topic from our poll was: “How can I maximize tax deductions?”
You just filed taxes and owe the IRS a lot of money. Well, we’ve got you covered. Stay tuned for next month’s newsletter where we’ll dive into:

📈 What Utah’s market trends mean for your bottom line
💸 Hidden deductions investors often miss
🧾 Pro tips to prep for tax season year

Until next time,

The Nestwell Team
Your Partners in Property Performance