In San Mateo, CA, landlords must comply with strict laws regarding property maintenance if they want to rent their homes to tenants. For many, this can become a time-consuming and expensive task.
Hiring a property manager is one way to alleviate some of these stressful issues for a fee. While these fees don't cover rental property maintenance costs, they do include many other useful services, including maintenance coordination.
Read on to find out more about what this means and how it benefits you as a landlord.
Services Included in Property Management Fees
When you hire a property manager, you enjoy a host of services that save you time and money while managing your rental property. These conveniences include:
- Rental property marketing
- Lease origination and negotiations
- Tenant screening
- Rent collection
- Accounting and record-keeping
- Routine property inspections
- Maintenance coordination
Some property managers can also assist you with eviction protection plans, and most have a thorough knowledge of prevailing landlord-tenant laws.
Property managers carry out regular property inspections to check for any maintenance issues. They will also attend to all of your tenant's emergency requests promptly before they become major problems.
Despite their expertise, property managers don't pay for maintenance costs. They'll help you save time managing these tasks, but you'll end up settling the bills for all your property maintenance needs.
The good news is that maintenance coordination can help you save as much money as possible on these costs.
What Is Maintenance Coordination?
Maintenance coordination involves streamlining ongoing property maintenance tasks to ensure cost-effectiveness.
Property managers set up a maintenance calendar for each property under their control. This checklist includes things like:
- Snow removal
- Annual roof inspections
- Bi-annual HVAC servicing
- Gutter cleaning
- Lawn care
- Pest prevention measures
- Checking safety equipment
By staying up-to-date with these routine tasks, you can avoid small issues becoming expensive repairs and replacements. Working according to a schedule also makes budgeting a lot easier.
To save costs, you can make your tenants responsible for some maintenance tasks, such as lawn care, but they must agree to this in their lease agreement. A property manager can assist you with the legalities surrounding this.
During routine inspections, property managers can take care of small issues like replacing HVAC filters, replacing smoke detector batteries, or checking safety equipment such as carbon monoxide monitors. If you don't attend to these matters, your tenants could sue you.
Property managers have ongoing relationships with local contractors or employ in-house maintenance teams. These connections mean they can often get preferential service and better prices on repairs.
Finally, ongoing maintenance helps preserve the value of your investment. You can also charge a higher rent for a well-maintained property.
Get the Help You Need
To sum up, maintenance coordination helps you save time and money and can alleviate landlord stress. It preserves the value of your property and helps you avoid legal issues.
Five Star Property Management offers a full range of property management services to help you preserve your investment property's value. Our team comprises highly trained and experienced managers with an eye for the finer details.
Our services include maintenance coordination, rental property accounting, and tenant screening. Reach out to experience dedicated and detailed attention to your property management needs.
