Today we want to talk about one of the most valuable services that we offer…our 24 hour maintenance hotline. It is valuable in two incredibly important ways. First, it frees up your phone line and creates a barrier between you and your tenants calling you repeatedly or at all hours of the night. Second, it adds value to your property and allows you to charge higher rent because you can advertise that your property has a 24 hour maintenance hotline.
Helping You Sleep
One of the main reasons that landlords get fed up with owning investment property is that get sick of receiving phone calls regarding repairs or other issues at all hours of the night. When a tenant is renting a property they feel that they have the right to get their problems resolved as quickly as possible. Sometimes these problems are actual emergencies but many times they are not. But the tenant usually doesn’t care because to them everything is an emergency. If for example, the seal on their front door has fallen off due to wear and tear we know that this is something that can be resolved within a day or two without any real consequences. But the tenant wants this done asap and will probably keep calling you at 11pm until you pickup. But if you have Real Property Management the tenant can speak with a live person at 11pm who will schedule a worked to perform the repair in a reasonable time frame and the tenant will be happy…and you will be enjoying a good nights rest!
Raising Your Rent
Lets be honest it is not always the tenant who is the bad part of a lease, often times the landlord can be just as guilty. Many landlords are will not respond within a day and perhaps not even within a week even when a tenant has a major problem. So many tenants have had horrible experiences where they may even have had to move because of a landlord who was either non-responsive or unwilling to fix a problem in a timely manner. As a result of they will often be willing to pay a premium to know that they are going to have access to a 24 Maintenance Hotline. Our clients advertise this service prominently and are typically able to charge higher rents than the market average as well as being able to attract better tenants.
Make Informed Decisions
Each of your maintenance calls will be logged into our PropertyWare system so you can easily see and track each of the maintenance requests received so that you can be aware of how difficult of a tenant you have and of the condition of your property. For example if you have received numerous requests for very minor issues then you may want to rethink renewing a tenant or at the very least charge a higher rent increase than you would for a tenant who does not bother you. Additionally, if you see numerous requests for legitimate issues you know that your property needs some major maintenance or you can decide to sell the problematic property.
In the end it is all about assisting you in your goals as a real estate investor. Real Property Management Miami helps you earn more money by freeing up your time to make the decisions you need to make to grow your business. Give us a call at 305-517-3900 so we can discuss all of the ways that we can assist your business.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.