More than 5.6 million single-family homes were purchased last year, and most of those homes were purchased by investors looking to fill them with quality renters. However, finding a good renter is only half the battle as a property owner! Having a maintenance pro is the key to success for property owners like you, and we are going to show you why with this simple guide!
Let's take a look!
What Is a Maintenance Pro?
A maintenance professional (maintenance pro) is a person who helps with rental property management in the maintenance division. They are responsible for general upkeep on rentals that might include tasks such as:
- Small Repairs
- Minor Electrical/Plumbing Issues
- Appliance Upkeep and Repair
These are just a few of the regular maintenance jobs that can be expected at a rental property. A maintenance pro is in charge of managing these tasks and other upkeep regarding the rental property. Having a maintenance professional on staff can help mitigate the need to hire out contractors for simple tasks.
Time Is Money
When it comes to rental property management, you have to be skilled in delegation. Every aspect of property ownership takes either time or money, so having trusted contract workers that you can count on for regular maintenance is key. Keep in mind that experts say that you should budget around $200 per month on regular rental property maintenance, so to maintain that budget, it helps to have a maintenance professional who knows what they are doing on staff!
As a rental property owner, your tenants will expect you to be available at all times, including when there is an emergency. That means whether it is one in the morning, a holiday, or in the middle of your vacation time, you will need to be ready for anything...Unless you hire a maintenance pro to help you manage the property.
Your maintenance contract workers can be on call when you need them to fix unexpected issues that might pop up at the property, such as a plumbing leak or electrical malfunction. Besides, if a pipe bursts in your property, you don't want to waste valuable time trying to learn how to fix it...You want a professional!
Hiring the Right Maintenace Professional
When you are looking for the right maintenance pro to hire, there are a few key points to keep in mind. Firstly, you will want someone local to be your maintenance professional, and if possible, consider hiring someone from the building so they can be onsite to fix issues as soon as possible.
Additionally, you want to make sure you hire someone with ample experience in maintenance all around versus someone with a specialized skill in one area such as plumbing. Finally, you will want to make sure you are hiring someone that you can trust.
Much of the regular maintenance issues will be handled by your maintenance professional without you being involved. However, you will want to make sure you can trust them to keep costs down, work respectfully with the tenants, and do the job right the first time.
Managing Your Rental Property Like a Pro
When it comes to managing rental properties, your maintenance pro isn't the only professional you need! At HomeRiver Group Kona, we have the skills and experience to manage your Kona property with ease. In addition, our agents are here to answer any questions you have, so contact us today and make your property management a breeze!