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Updated about 9 years ago on . Most recent reply
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What's your bill for maintenance from Property Management?
I am moving 2 properties over to a management service. Honestly, I think they are going to do a better job than I have. So far they've done a great job and I like the clear billing. I do have one fear. Mostly, my fear is that they won't take care of the properties and I will end up with sporadic larger bills or a worthless property in the end, instead of smaller preventative bills. That being said, I am currently spending A LOT on maintenance each year. Currently, $2800 per year per door is my average annual expense for labor and supplies. Is this normal? My rentals are mostly class C, average rents are $510.
What's been your experience with property management? Specifically please talk to your experience with billing for maintenance? Something like in an average year X is spent a year on my houses for regular maintenance?
Thanks,