In general, property managers do not pay for repairs. Instead, they facilitate and oversee the rental property repair process on behalf of the property owner.
Here’s how it generally works when you work with a local property management company:
So, do property managers pay for repairs? The property management company takes care of everything except actually paying for the repair. On top of that, they have local contractors they’ve established relationships with and can get you quality repairs at a fair price.
But, what if you want to handle tenant maintenance requests yourself?
You’ll save on property management fees and might be able to save some money if you can find a low-enough quote. However, handling your own maintenance requests as a rental property owner can come with many inconveniences and late-night phone calls.
Here’s how successful self-managing landlords take care of tenant maintenance requests.:
Set up a straightforward system for tenants to submit maintenance requests. This could be through an online portal, email, phone, or a physical form. Ensure tenants know how to reach you in case of emergencies.
Acknowledge receipt of the maintenance request as soon as possible, ideally within 24 hours. A quick response reassures tenants that their concerns are being taken seriously.
Assess the nature and urgency of the maintenance request. Some issues, like water leaks or electrical problems, require immediate attention, while others can be scheduled at a later date.
Categorize maintenance requests based on their urgency. Create a system that differentiates between routine maintenance, urgent repairs, and emergencies.
Inform tenants of the estimated time frame for addressing their maintenance request. Keep them updated throughout the process, especially if delays occur.
Depending on the nature of the repair, you may need to hire contractors, handymen, or repair personnel. Ensure that they are licensed and insured.
If possible, oversee the repair or have a trusted representative present. This ensures that the work is completed to a satisfactory standard.
After the repair is completed, inspect the work to ensure that it meets the required standards. This can help prevent repeat requests for the same issue.
Keep detailed records of all maintenance and repair expenses. This documentation is important for tax purposes and for providing a transparent account to tenants.
After repairs are finished, ask tenants for feedback to gauge their satisfaction with the process and outcome. This can help improve future maintenance procedures.
Provide tenants with clear instructions for handling maintenance emergencies. They should know when to contact you directly and when to call emergency services.
Consider implementing regular preventative maintenance schedules to reduce the frequency of repair requests. This can include HVAC servicing, pest control, and seasonal property inspections.
Allocate funds in your budget for maintenance and repairs. This will ensure you have the necessary resources to address issues promptly.
Familiarize yourself with local, state, and federal laws and regulations that pertain to maintenance and repairs. Ensure compliance with tenant rights and landlord responsibilities.
Periodic property inspections can help identify maintenance issues before they become major problems. This proactive approach can save time and money in the long run.
Handling tenant maintenance requests, and the overall maintenance of your rental property, can be pretty involved and time-consuming.
That’s why many rental property owners in Columbia, MD, work with a property management company like Mainstay Property Management.
At Mainstay Property Management in Columbia, MD, we take care of everything while you simply cash the rent checks. Of course, we keep you informed and in control the whole time through innovative property management software.
With us, you’ll get the best of both worlds. We believe in face-to-face, old-fashioned customer service and we streamline all of our operations with the latest property management innovations. With Maintsay, you can be involved as much or as little as you want.
Want to keep learning? Check out this blog on how to use a 1031 exchange to save big on taxes when selling a rental property.
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