If you should be managing your own personal rental properties, eventually you are likely to need to hire someone to get the furnace working, repair a leaky faucet, or perform any number of other maintenance or repair services. The task is, if there isn’t plenty of rentals and thus already possess some repair services arranged, how will you locate a reliable person to accomplish the work ?
Well, you are able to always peruse the yellow pages (or an on line equivalent) and make a bunch of phone calls. If you’re like me though, it’s always a gamble comparing the guy who doesn’t charge a diagnostic fee but charges by the hour, to the one who charges a diagnostic fee which includes the initial hour’s labor netapp support post warranty to the one who charges a diagnostic fee and then uses flat rate, not hourly pricing. Frankly, I’m left guessing – how do I understand that the flat rate isn’t planning to be exorbitant, and a great deal more than I’d pay an hourly guy. But, if I opt for the hourly guy , how do I am aware that he isn’t a truly slow laborer and isn’t planning to cost me more compared to flat rate…and so on. Well, if you will get one , a good recommendation can give you a definitely better starting place then blind surfing the yellow pages.
However, proceed with caution. Simply because your best friend or your brother-in-law has a recommendation to provide you with, it doesn’t mean it’s a good one. You ought to immediately discount any recommendations solely predicated on friendship or relation alone. Bobby might be a fantastic guy – but when he’s never done any work for the sister, although he is her husband’s best friend – then this isn’t a reliable recommendation.
The idea is – you need recommendations predicated on someone’s experience making use of their work. Good candidates are your investor friends who actively manage their own rental properties, or any friends which can be in property management. Either of those have regularly used maintenance and repair services and can inform you about the quality (fairness of pricing, etc.) of the specific work done. A good place to locate these individuals, if you never know them already, is your neighborhood investor group.
Lastly, your friends and family may be good sources if they’ve had some work done on their house recently. However, active property managers certainly are a better source because they have a bigger basis to judge different company’s work from and they use their services far more frequently.