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Choosing the Right Property Maintenance Services
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Posted On :
Nov-23-2013
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Article Word Count :
447
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Real estate investments need time and energy towards maintenance or they end up costing you more than what you could possibly earn out of them. You can either do this yourself or hire a professional to do the job for you. The former idea is perfect for you if renting out apartments is your profession.
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Real estate investments need time and energy towards maintenance or they end up costing you more than what you could possibly earn out of them. You can either do this yourself or hire a professional to do the job for you. The former idea is perfect for you if renting out apartments is your profession. But if you’re real estate investments are a source for added income, then it is impossible for you to manage the job- even for those who employ the help of a manager. Even if you make a living out of renting properties, it can be tough to handle tenants who call up in the middle of the night complaining about leaked pipes!
When hiring facilities management companies, here are a few things that should help you choose the right professionals:-
- Costs are clearly explained: The right candidate surely comes with the right price as well. Cheap and good quality services are oxymorons that do not go hand in hand. Usually costs for such maintenance would be around 5-10% of the total monthly rentals.
- Terms of Agreement are explained clearly: Everyone’s here out to make money and not for charity! If the property maintenance services company charges you less, you can be sure that they’ve tweaked the agreement to make the clause favorable to them. Thus, make sure that you employ a company that does not draft complicated agreements or at least takes time and effort to explain them to you.
- Who takes care of maintenance and repair costs: What happens when there’s a repair to be taken care of? Does the company maintain a full service maintenance staff or does it hire independent contractors to do the job for them? Who foots the bill? Are they capable of handling these jobs themselves?
- Required documentation: Carrying out maintenance jobs in apartments and other rented accommodations need a lot of approvals from the concerned authorities. Does the service company have all of these? Are insurance and other related documents up to date?
- Reporting: What is the reporting style and how often would the property manager report about activities in the apartment? What is included in the monthly reports?
- Extra services: Do you do only maintenance or help up other jobs like apartment turnovers, painting, carpet cleaning etc.
Answers to questions such as these should help you find the right candidate for you. But remember that even when you hire the best professional in the service, you would need to devote some time and attention to the property so as to ensure that things are going on without a hitch.
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Article Source :
http://www.articleseen.com/Article_Choosing the Right Property Maintenance Services_285920.aspx
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Author Resource :
Rent Ready Today are Virginia’s premier property maintenance services company. They offer a wide variety of maintenance services and can be contacted through their website, http://rentreadytoday.com
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Keywords :
apartment turnovers, facilities maintenance companies, janitorial service, make ready, property maintenance services,
Category :
Home and Family
:
Home Improvement
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