Real Estate Investing Glossary
Deferred maintenance
Deferred maintenance is upkeep and repairs that have been put off and are still needed.
Deferred maintenance is upkeep and repairs that have been put off and are still needed. It can range from cosmetic wear to problems with major systems.
Why it matters to a Las Vegas investor
A property with deferred maintenance can look inexpensive and cost more once repairs are added. Careful inspection helps you see what is really needed before you buy.
Read more from Fernwood
- The Problem With Buying a Property With a Tenant
- My Inspection Nightmare: Don’t Ignore the Red Flags in a Potential Property
- Renovation – Required vs. Enhancement
Related terms
Questions about Deferred maintenance
How do I find deferred maintenance?
Through a thorough inspection and a review of the property’s records.
Does deferred maintenance always mean a poor purchase?
No, but its cost should be in your estimate and in your offer.