Rental property maintenance is a major component of landlord responsibilities in Teton Valley, Idaho. It preserves the value of your property, keeps your tenants happy, and can help you avoid expensive court cases.
For busy landlords, property maintenance can become stressful and cumbersome. That's why many property owners opt to hire a property management service to take care of it for them.
A property manager helps ensure your property stays well-maintained, but they don't pay for rental property maintenance costs.
Property management fees do include maintenance coordination. Read on to discover more about this service.
Rental Property Maintenance Coordination Basics
All properties require regular preventive maintenance and occasional repairs. Taking care of these matters prevents small issues from escalating into major ones.
Working according to a property maintenance schedule is the best way to stay on track with these repairs and work within your budget. Some types of routine maintenance include tasks like:
- Changing HVAC filters
- Checking smoke detectors
- Testing carbon monoxide monitors
- Annual roof inspections
- Snow removal
- Pest control
- Checking for water leaks
Routine property inspections are the best way to check for any maintenance issues or necessary repairs. They're also an opportunity to carry out simple tasks, like changing HVAC filters.
A property manager oversees every aspect of maintenance and repairs. They will source the best prices and oversee the work.
They keep track of any work done on your property as well as invoices for work done. The property owner is responsible for paying the bills. You can also request that they pay the amount due out of your rental income.
A property management service has ongoing relationships with licensed contractors. Some have an in-house team of maintenance experts.
These connections mean they can arrange swift service when necessary and negotiate better prices for maintenance work.
What Else Do Property Management Fees Include?
Property maintenance coordination is only one of the many ways a property manager assists landlords. They also offer services, like:
- Property marketing
- Lease origination
- Lease negotiations
- Tenant background checks
- Rent collection
- Property inspections
Some property management firms also offer assistance with evictions. They're always up-to-date with the latest landlord-tenant laws and can offer guidance in this area, too.
You can choose from three main pricing options when you hire a property management service. You can either pay a fee per unit or a percentage of your rental income.
Many property managers allow their clients to choose between full-service property management or a custom bouquet of services according to their requirements.
Get Help Managing Your Teton Valley Rental Home
Staying up-to-date with rental property maintenance can become a full-time undertaking, especially if you own more than one property. Hiring a property manager is the best way to streamline the process and free up your time.
PMI Grand Tetons is supported by over 20 years of experience in Utah real estate. We offer a full range of property management services to help you streamline maintenance coordination for your rental property.
Find the ideal property management solution for your investment properties in Teton Valley, Idaho.
