If you should be managing your own rental properties, eventually you will have to hire anyone to get the furnace working, repair a leaky faucet, or perform any number of other maintenance or repair services. The challenge is, if you do not have plenty of rentals and thus already possess some repair services arranged, how do you locate a reliable person to accomplish the work ?
Well, you can always peruse the yellow pages (or an on line equivalent) and make a bunch of phone calls. If you’re like me though, it’s always a risk comparing the guy who doesn’t charge a diagnostic fee but charges by the hour, to the one who charges a diagnostic fee that includes the first hour’s labor, to the one who charges a diagnostic fee and then uses flat rate, not hourly pricing netapp support post warranty Frankly, I’m left guessing – just how do I understand that the flat rate isn’t likely to be exorbitant, and a lot more than I’d pay an hourly guy. But, if I go with the hourly guy , just how do I know that he isn’t a truly slow laborer and isn’t likely to cost me more compared to flat rate…and so on. Well, if you may get one , a good recommendation can offer you a far better starting place then blind surfing the yellow pages.
However, proceed with caution. Just because your best friend or your brother-in-law has a suggestion to offer, it doesn’t mean it is a good one. You need to immediately discount any recommendations solely based on friendship or relation alone. Bobby can be a fantastic guy – but if he’s never done any work for the sister, although he is her husband’s best friend – then this isn’t a reliable recommendation.
The point is – you would like recommendations based on someone’s experience making use of their work. Good candidates are your investor friends who actively manage their very own rental properties, or any friends that are in property management. Either of those have regularly used maintenance and repair services and can let you know about the standard (fairness of pricing, etc.) of the actual work done. A good place to get these folks, if you do not know them already, is your local investor group.
Lastly, your friends and family can be good sources if they’ve had some work done on their residence recently. However, active property managers really are a better source because they have a more substantial basis to judge different company’s work from and they use their services much more frequently.