General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Constant maintenance vs replacement via Property Management Co.
Say you have a property management company managing one of your properties and you notice that the tenant is regularly complaining about something particular... Kitchen sink is slow, or keeps getting clogged. Property management company is authorized to act on these automatically without clearing with you first if the cost is under a certain threshold. So they send someone out and that person fixes the drain and tells them how to fix it themselves next time. Tenant again contacts the property management company later with the same issue. Each time someone is sent out there, it costs $60 to treat.
At what point do you just replace the sink? Or do whatever it costs to fix it for good? I guess I'm curious what your own threshold is before you say as the property owner "just replace the damn thing, eat the upfront cost, and stop sending someone out there to unclog the sink."