I got an interesting idea. I like to manage the property myself because I like to have control over tenant screening and marketing. However I'm not doing the maintenance side of the property management efficiently. I wonder if I can subcontract the maintenance out, and do the rest of management myself. The subcontractor will have the keys, answer the calls, fix anything that don't need license, and coordinates licensed technician work. The subcontractor can also handle turnover cleaning and things like changing carpet etc.
Will this model work and can scale up without Hiring property managers? I'm kind of taking the tenant related property management work myself and hiring people do property related portion of property management.
What will be the best way to pay the subcontractor so he/she can act in the best interest of the property owner? Keep the property in good condition but not over spend.
Thanks for sharing your ideas.
Why don't you call around and see if one of the experienced property managers in your area would be interested in offering A La Carte options. Check out PM's on NARPM, this is the National Association of Residential Property Managers.
Just hire a call center or answering service that routes everything to assigned vendors such as plumbers, hvac tech, etc. Each vendor schedule everything with the tenants, no keys required.
You should checkout Appfolio, they offer a call center for $200, plus with their software you can manage the portfolio more easily yourself or hire your own manager to do it for you at some point, etc.