Deferred Maintenance

Maintenance that should have been done but was postponed. Putting off a roof repair, ignoring a slow drain, skipping HVAC service. Every deferred item compounds. A $200 repair today becomes a $2,000 repair next year. Properties with heavy deferred maintenance sell at a discount, screen poorly with good tenants, and generate emergency maintenance calls at the worst times. Deferred maintenance is not saving money. It is borrowing from the future at a terrible rate.