Roof replacement is a landlord’s most significant expense and a cost most investors want to defer for as long as possible. This single project can set you back by tens of thousands of dollars, depending on the type of roof on your building.
This is why; Blue Door Management Team advises that as a property investor focused on maximizing profits, you don’t want to replace your rental roof until you are ready to do it. But the way to make sure of this is by maintaining the property’s existing roof in the right way.
Some landlords think they can get away with paying minimal attention to the roof of their rental property. They assume that the structure only needs a little care because roofs are rugged by design. So, they need to be more intentional about roof maintenance.