If you own a Jacksonville, FL, investment property, you're probably enjoying great success with your rental home. Vacancy rates are low in this part of the world, and rents are high.
Earning a good return on your investment doesn't make being a landlord any easier, though. With so many things to take care of, busy landlords can experience a lot of stress.
Hiring a property manager is one way to alleviate some of the pressure and free up your time, but your property management fees don't cover every aspect of owning a rental home, especially when it comes to property maintenance.
Property management fees usually include maintenance coordination, but you pay the bills related to repair and maintenance costs.
What's Included in Property Management Fees?
When you hire a property manager, they perform a range of services, depending on the package you choose. Full-service property management usually includes:
- Rental property marketing
- Tenant screening
- Lease management
- Rent collection
- Property inspections
Maintenance coordination is one of the most important property management tasks. It contributes toward maintaining the value of your home, ensures legal compliance, and keeps your tenants happy.
What Is Maintenance Coordination?
Maintenance coordination involves carrying out routine and preventive tasks following a property maintenance schedule. These include:
- Annual roof inspections
- Routine safety checks
- Lawn care
- Pest control measures
- Servicing your HVAC
Preventive maintenance helps reduce your rental property maintenance costs by preventing small issues from becoming major repairs. Yet, it's often difficult for landlords to keep track of these aspects on their own or get around to completing them.
A property manager takes it all in their stride thanks to ongoing relationships with local contractors. Some property management companies have an in-house maintenance team to help streamline things even more.
They will oversee every aspect of routine tasks by comparing prices, overseeing the work, and keeping records of repairs done. Your property manager may deduct repair costs from your rental income or forward you the invoice for payment.
Rental property inspections are an important part of maintenance coordination processes. They help you keep track of property maintenance and provide opportunities to carry out small tasks, like changing HVAC filters.
Do Tenants Pay for Maintenance in Florida?
In Florida, tenants also have some responsibilities regarding property maintenance. If they don't comply with these regulations, you may arrange the necessary repairs and bill them accordingly.
In some cases, you can arrange with your tenants to carry out additional tasks, like lawn care, provided you include this in the lease agreement.
Hire a Property Manager in Jacksonville, FL
Hiring a property manager is the best way to streamline maintenance coordination for your Jacksonville, FL, investment property, limit vacancies, and preserve your investment.
Northeast Florida Realty can take care of all the above and more on your behalf. Our team of property professionals has over a decade of experience in Florida real estate. We're well-informed about local conditions and committed to helping your rental business thrive.
Discover the benefits of working with a team of true professionals today.
