How much repair to to do yourself vs prop mgmt company

How much repair to to do yourself vs prop mgmt company

Investor · Lancaster, PA · Member since 2016 · 68 posts · 12 votes

got word thru my mgmt company that 2 fairly minor efforts need fixed at my rental.  (one board on deck is warped pretty bad and isn't sitting flush any more, i don't want someone to trip and two, drywall paper around top of shower/tub insert is peeling back from water that slashed up there while showering.  solution in other shower was installing one row of 4X4 tiles and caulking.)  so two fairly minor repairs.  would you take this on yourself or pay prop mgmt company to handle.   THANKS 

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Member since 2016 · 13k+ posts · 12k+ votes
10y

My advice to landlords starting out is to learn by doing. You need the first hand experience for when you do hire a mgmt. company in the future. It's the only way you will know how to manage your  mgmt. company. Trust is not part of the business.

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  • Investor · Livingston, TN · Member since 2016 · 155 posts · 112 votes
    10y
    Get your hands dirty
  • Member since 2016 · 13k+ posts · 12k+ votes
    10y

    My advice to landlords starting out is to learn by doing. You need the first hand experience for when you do hire a mgmt. company in the future. It's the only way you will know how to manage your  mgmt. company. Trust is not part of the business.

  • Residential Real Estate Agent · Grand Rapids, MI · Member since 2013 · 803 posts · 689 votes
    10y

    In the beginning I would fix that stuff myself to learn but as you acquire more properties minor things like that can be left to the PM company to handle. 

  • Investor · Philadelphia, PA · Member since 2015 · 3k+ posts · 3k+ votes
    10y

    I used to do everything because I had no money - no choice.

    I still like to do a fair amount. My full time job gives me summers off. So work in the summer I usually do.

    I always do my own tiling.

    I never paint anymore - too dull and slow.

    I still like to do my major renovations: demo, cabinet install, refinishing wood flooring (sometimes)

    I hire out most plumbing (sometimes), electrical, and drywall work.

    I can do most carpentry issues - replacing rotted wood, etc.

  • Investor · Baltimore, MD · Member since 2015 · 11 posts · 5 votes
    10y

    I also think these items could be done quickly and cheaply by you. Deck board would have to be screwed down (nails will eventually pull up) or replaced entirely if it's warped beyond repair (simple enough: measure piece, buy at HD or Lowes, and install). Spackle the damaged drywall to make a smooth flat surface, then either add one row of tiles like you mentioned or just repaint with semi gloss and caulk, but tile would be a better permanent fix. Good luck!

  • JD MartinBusiness Member
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    Rock Star Extraordinaire · Northeast, TN · Member since 2015 · 10k+ posts · 16k+ votes
    10y

    I would do both of those myself, but I can and have done everything on a house myself (I built my own house, including all of the subtrades). These days I try to pay to do things that are getting harder for me to do - get in and out of crawlspaces, because I'm getting old and fat, for example - or are too labor-intensive to take on. For what you are mentioning, I would for sure do those jobs because the labor cost to benefit is going to be really high. A deck board costs about 10 bucks, a row of tile a few bucks. You might have 20-30 bucks tied up in the entire job, and maybe 2 hours of work if you're slow. 

    @Thomas S. said it best: if you do it yourself, you'll know when you're being ripped by a PM company. 

    PS: Often times, if the deck board isn't rotted or split, just cupped, you can pull the nails, flip it upside down, and nail it back in. If the warp is from lack of support, it's probably better to use the same board and address the support issue, since the new deck board will eventually do the same. And of course you'll want to seal your deck boards every few years to keep absorption down. 

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  • Investor · Lancaster, PA · Member since 2016 · 68 posts · 12 votes
    10y

    thanks for the feed back guys.  i know we all end up paying extra to have the propt mgmt companys handle this kind of stuff. just wanted to see some feed back for where folks generally draw the line between what you can do yourself vs pay for for the sake of simplicity.  these are both tasks that i could easily do but just don't have the time for.  well see what the PM charge is this time around and keep that in mind on future repairs. 

    thanks for all the feedback -

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