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How to Maintain your Rental Income Property?

PMI Golden State - Wednesday, September 12, 2018
Property Management Blog

If you are the owner of a rental income home in Los Angeles, the biggest issue you face is its repair and maintenance. Proper maintenance and timely repairs not only preserve the value of your property but also go a long way in keeping your tenants happy. Here are some top factors to keep in mind when dealing with maintenance issues.

  1. Have quality vendors in your team

    Repairs and maintenance is normally looked after by contractors. Make sure that you give this crucial responsibility to handymen who are not only insured and licensed but also reliable and efficient. Choose vendors carefully by looking at their credentials and experiences. Make sure they belong to the area where your property is situated so that they can reach the premises quickly and in time to keep your tenants protected.

  2. Hire the services of specialists

    Different features and amenities in your property require maintenance and repair form time to time. There are times when tenants complain about inefficient air conditioning and there are also times when the roof or the pipes might start to leak. You need to deploy the professional with the right skills and long experience to handle a particular problem so that he makes correct diagnosis quickly and fixes the problem in a satisfactory manner.

  3. Pay in proportion to the quality of services

    If you live far away from your property in Los Angles, it might not be possible for you to be present in the premise when a problem raises its head. In such a scenario, you cannot do much except to believe on the bills produced by your contractors. This is where the importance of hiring reliable and honest handymen comes into picture. Make sure you are paying money according to the quality of labor and the quality of items that are replaced by the vendor and not more. If you show trust and give work to chosen vendors consistently, you are likely to receive bills that are not inflated or fudged. Vendors usually give discounts to landlords who give bulk of the repair work to them. This is how you can save your hard earned money and also get quality work from a vendor.

By ensuring timely repairs and periodic maintenance of your rental property in Los Angeles, you can preserve its value. You also earn the respect and confidence of your tenants in this manner.

Jesse Sasomsup is an owner and CEO of PMI Golden State, a property management company located in Sherman Oaks, CA. PMI is one of the largest property management network with over 200 offices worldwide.