Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Managing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 5 days ago, 11/27/2024

User Stats

15
Posts
14
Votes
Cory M.
  • New to Real Estate
14
Votes |
15
Posts

Cost to Replace Toilet Fill Valve & Supply Line: Is $365 accurate costs from my PM?

Cory M.
  • New to Real Estate
Posted

I just got billed $365 by my property manager for replacing a toilet fill valve and supply line. That seems a bit high to me, but I figured I should check before I get too upset about it. Does anyone local to Memphis know what the going rate for simple repairs like that should be? 

Checking Home Depot, it looks like parts would be $30 or less. That leaves $335 for labor and the property manager's fees. Is it reasonable for me to ask the property manager for a breakdown of parts/labor costs?

Is $365 a reasonable cost for replacing a toilet fill valve and supply line in Memphis?

No, the cost is high; typical charges range from $100 to $200, with $150 being a common estimate.
Sources: Bill,Jaron,Kevin,John

User Stats

1,641
Posts
954
Votes
Adam Bartomeo
Property Manager
Pro Member
#2 General Landlording & Rental Properties Contributor
  • Real Estate Broker
  • Cape Coral, FL
954
Votes |
1,641
Posts
Adam Bartomeo
Property Manager
Pro Member
#2 General Landlording & Rental Properties Contributor
  • Real Estate Broker
  • Cape Coral, FL
Replied

Memphis or not, that is very high. A licensed plumber charges us $350 to change a toilet but using my Maintenance Techs we charge the owners $250 to change a toilet - that is with parts and labor. Changing a fill valve will be about $100. You will want to check to see why it is so high.

business profile image
Bartomeo Property Management
4.7 stars
90 Reviews

User Stats

187
Posts
189
Votes
Reed Rickenbach
  • Real Estate Agent
  • Memphis, TN
189
Votes |
187
Posts
Reed Rickenbach
  • Real Estate Agent
  • Memphis, TN
Replied

What does your management agreement say about up charging repairs? In my limited exposure to using PMs in Memphis (I self-manage), most had a scale of upcharge depending on the cost of the service. 

That does seem high. Depending on the size of your PM company they may or may not have an internal maintenance position to handle these. If they don't, they likely contracted it out and added a 20% mark-up on the service. 

I run a small maintenance company in Memphis that handles things like this for investors for this exact reason. 

BiggerPockets logo
Join Our Private Community for Passive Investors
|
BiggerPockets
Get first-hand insights and real sponsor reviews from other investors

User Stats

4,067
Posts
3,750
Votes
Jaron Walling
Pro Member
  • Rental Property Investor
  • Indianapolis, IN
3,750
Votes |
4,067
Posts
Jaron Walling
Pro Member
  • Rental Property Investor
  • Indianapolis, IN
Replied

That's a $150-200 max job all day long. <1hr of labor but everyone rounds up. 

You got stiffed a bit in my opinion. 

User Stats

27,396
Posts
40,316
Votes
Nathan Gesner
Property Manager
Agent
Pro Member
  • Real Estate Broker
  • Cody, WY
40,316
Votes |
27,396
Posts
Nathan Gesner
Property Manager
Agent
Pro Member
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

Parts are less than $30 but may be marked up by the plumber. Labor should be $100/hour. This is definitely less than $150 with a plumber, unless they run into some issues.

Any handyman can do this job for less than $80.

The high price is probably due to your PM hiring a plumber when they should have hired a handyman to save you some money. But even a plumber shouldn't charge $365. I would want to see the invoice and have a chat with the PM about their responsibility to protect my income.

  • Nathan Gesner
business profile image
The DIY Landlord
4.7 stars
151 Reviews

User Stats

2,158
Posts
2,607
Votes
John Morgan
Pro Member
  • Rental Property Investor
  • Grand Prairie, TX
2,607
Votes |
2,158
Posts
John Morgan
Pro Member
  • Rental Property Investor
  • Grand Prairie, TX
Replied

@Cory M.

I’d ask them for a break down. They shouldn’t be charging you over $300/hour for labor. $150 should have covered all this. You got ripped off big time.

  • John Morgan
  • User Stats

    15
    Posts
    14
    Votes
    Cory M.
    • New to Real Estate
    14
    Votes |
    15
    Posts
    Cory M.
    • New to Real Estate
    Replied
    Quote from @John Morgan:

    @Cory M.

    I’d ask them for a break down. They shouldn’t be charging you over $300/hour for labor. $150 should have covered all this. You got ripped off big time.


    That's kind of the feeling I got when I saw it. I just wanted to double check before I escalated things.

    User Stats

    10
    Posts
    6
    Votes
    Brendan Conley
    • Investor
    • Lowell, MA
    6
    Votes |
    10
    Posts
    Brendan Conley
    • Investor
    • Lowell, MA
    Replied

    No matter where you live, that is very high. I think $100/ hour for labor plus $50 for parts is fair.

    User Stats

    2,885
    Posts
    3,054
    Votes
    Kevin Sobilo
    • Rental Property Investor
    • Hanover Twp, PA
    3,054
    Votes |
    2,885
    Posts
    Kevin Sobilo
    • Rental Property Investor
    • Hanover Twp, PA
    Replied

    @Cory M., I agree with the above responses about this being a $150 job if hired out to a plumber. In my area I might even have a handyman do it for about $100 total.

    The one area where this could be a little more expensive is if they also replaces the shutoff valve for the toilet. Sometimes, especially when the valve doesn't hold completely, a plumber might want to replace this valve when replacing the supply line. The valve and labor could add a bit more to the bill but still not to the level you were charged in my opinion.

    User Stats

    276
    Posts
    133
    Votes
    Jake Knight
    Pro Member
    • Property Manager
    • Indianapolis
    133
    Votes |
    276
    Posts
    Jake Knight
    Pro Member
    • Property Manager
    • Indianapolis
    Replied

    Given what everyone previously stated that I agree with, definitely check with your PM to see if they made an accounting error - that can happen from time to time.

  • Jake Knight
  • User Stats

    7,381
    Posts
    9,176
    Votes
    Bill B.#3 1031 Exchanges Contributor
    • Investor
    • Las Vegas, NV
    9,176
    Votes |
    7,381
    Posts
    Bill B.#3 1031 Exchanges Contributor
    • Investor
    • Las Vegas, NV
    Replied

    I just had one done. $150 labor and $100 for a brand new toilet all day long. 

    User Stats

    692
    Posts
    587
    Votes
    Calvin Thomas
    • Developer
    • New York City, NY
    587
    Votes |
    692
    Posts
    Calvin Thomas
    • Developer
    • New York City, NY
    Replied
    Quote from @Cory M.:

    I just got billed $365 by my property manager for replacing a toilet fill valve and supply line. That seems a bit high to me, but I figured I should check before I get too upset about it. Does anyone local to Memphis know what the going rate for simple repairs like that should be? 

    Checking Home Depot, it looks like parts would be $30 or less. That leaves $335 for labor and the property manager's fees. Is it reasonable for me to ask the property manager for a breakdown of parts/labor costs?


     In metro NYC, it's around $275/$300 all day.  It is wise for the PM to use a licensed plumber. Reason being, if something goes wrong, the PM is covered (and so are you) by the plumber's insurance and license.

    Apparently, this is around the same price other people around the US are paying.  See below.

    https://www.reddit.com/r/askaplumber/comments/1dec1o2/is_this_a_reasonable_price/?rdt=49346

    It's never worth being penny wise and dollar foolish.

    User Stats

    159
    Posts
    98
    Votes
    Gustavo Delgado
    • Houston, TX
    98
    Votes |
    159
    Posts
    Gustavo Delgado
    • Houston, TX
    Replied

    What! Hell nah! I am going to assume you do not live in the property area to where you can go and do it your self! 

    BiggerPockets logo
    BiggerPockets
    |
    Sponsored
    Find an investor-friendly agent in your market TODAY Get matched with our network of trusted, local, investor friendly agents in under 2 minutes

    User Stats

    4,335
    Posts
    6,111
    Votes
    Marcus Auerbach
    Agent
    • Investor and Real Estate Agent
    • Milwaukee - Mequon, WI
    6,111
    Votes |
    4,335
    Posts
    Marcus Auerbach
    Agent
    • Investor and Real Estate Agent
    • Milwaukee - Mequon, WI
    Replied

    Too much. I assume there will be more to the story, like they had to go there 3 times for some reason etc.. 

    business profile image
    On Point Realty Group - Keller Williams
    5.0 stars
    50 Reviews

    User Stats

    11,472
    Posts
    13,233
    Votes
    Bruce Woodruff
    Pro Member
    #1 Contractors Contributor
    • Contractor/Investor/Consultant
    • West Valley Phoenix
    13,233
    Votes |
    11,472
    Posts
    Bruce Woodruff
    Pro Member
    #1 Contractors Contributor
    • Contractor/Investor/Consultant
    • West Valley Phoenix
    Replied
    Quote from @Kevin Sobilo:

    @Cory M., I agree with the above responses about this being a $150 job if hired out to a plumber. In my area I might even have a handyman do it for about $100 total.

    I agree! 100% way too high.......

    User Stats

    15
    Posts
    14
    Votes
    Cory M.
    • New to Real Estate
    14
    Votes |
    15
    Posts
    Cory M.
    • New to Real Estate
    Replied

    Good news. I got the property manager on the phone. It was mistakenly charged as if they had done each task as a different trip, rather than all of them in one trip. The cost should be getting reduced significantly.

    User Stats

    442
    Posts
    608
    Votes
    Katie Miller
    Pro Member
    • General Manager, Publishing at BiggerPockets
    • Denver, CO
    608
    Votes |
    442
    Posts
    Katie Miller
    Pro Member
    • General Manager, Publishing at BiggerPockets
    • Denver, CO
    ModeratorReplied
    Quote from @Cory M.:

    Good news. I got the property manager on the phone. It was mistakenly charged as if they had done each task as a different trip, rather than all of them in one trip. The cost should be getting reduced significantly.


     Good job saving yourself hundreds with a single phone call!