In order to preserve and increase the value of your investment property, you should consider hiring Park City Property Management Companies. This will ensure that tenant requests are addressed in a prompt manner and that the owners are given a transparent system to see how their money is spent. Additionally, a reputable manager will accomplish all of this with the help of licensed vendors who offer effective and affordable services.
Before you decide to hire a property management service, you should ask the company a few questions regarding the repairs and maintenance needs of your rented properties.
How is the maintenance request tracked by the property management service?
You should look for a service that implements the use of a software solution. You will need to find a manager service that ensures no requests are forgotten, which is especially important when you have several tenant requests. It is also helpful when your tenants are able to submit their maintenance needs online.
How does the service handle emergencies and after hours maintenance requests, as well as who will handle them?
You should ensure that the property manager uses qualified vendors to handle any issues. You do not want to have to deal with answering machines or a person stating that you will have to wait until after the weekend in order to get the tenants issues resolved.
Do they have a system in place to provide preventative maintenance?
One of the biggest factors in ensuring that your property maintains is value is preventative maintenance. This means that the manager will ensure that small issues are handled properly before they become bigger and much more expensive issues later on. This will involve a number of things such as a regular inspection schedule and being able to address any known issues.
Does the management service have an on-site maintenance crew?
There are a number of property managers who may have their own crew; however, you need to ensure that these individuals are covered by insurance and that they have the proper licenses. You should also be certain that they are available at all times, even at night, weekends and on holidays.
When you hire a property manager, you should ensure that they are equipped to handle any type of maintenance or repair that your rental properties may need, which is essential for the property to retain its value.
