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Updated 14 days ago on . Most recent reply

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Siddharth Theodore
  • Hinton, WV
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What I've learned about managing repairs across rentals

Siddharth Theodore
  • Hinton, WV
Posted

Hey BP fam,

Keeping up with repairs for multiple rentals really gets chaotic. You end up chasing down unreliable handymen, shelling out way too much for tiny fixes, and then there’s the tenants waiting around, getting annoyed every time something drags on.

A few tricks that have helped me out: First, I keep a short list of a couple solid pros for each trade-electricians, plumbers, whatever. If it's just a small job, those service apps come in handy for quick fixes. And I’ve found it makes a difference to set clear timelines for tenants so they know what to expect.

So, how are you all keeping up with repairs as your portfolios keep getting bigger? If you’ve got any tips, I’d really love to hear them-always learning from this group.

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Kevin Sobilo#2 Starting Out Contributor
  • Realtor
  • Hanover Twp, PA
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Kevin Sobilo#2 Starting Out Contributor
  • Realtor
  • Hanover Twp, PA
Replied

@Siddharth Theodore, very good points! A few thoughts:

1. I use basic electronic deadbolt locks. That allows me to pre-program single use PIN codes that delete themselves after 1 use. This allows me to provide a PIN to a TRUSTED provider when the tenant isn't going to be home to let them in. This way the tenant doesn't need to let them in unless they wish to be there. 

Clearly, I am not giving a PIN to "Chuck in a Truck" random handymen. This is for legitimate trusted providers. The most common provider I give them to are Plumbing/Heating contractors who are licensed/insured and whom I have used on rehab projects for a couple years or more. 

2. You are 100% on point about communication. Set the expectation and conservatively. As the adage says "Under promise and over deliver" when possible. 

3. One other suggestion, is to take yourself out of the middle when applicable. 

For example, I provide all appliances including washers/dryers. So, I get quite a few broken appliance calls. I will initiate the call and allow the appliance repair to contact the tenant directly to get the make/model, description of issue, and to schedule the appt. 

When you have a very reliable provider like that it simplifies things to take yourself out of the middle of those things. 

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