There are many tests in the process of choosing a property management company in Alpharetta, one of which is its maintenance services policy.
There are basically two policy types with a variety of hybrids in between. A common policy is having an in-house maintenance operation. The stated intent of such policy is to control costs by having a salaried maintenance staff. On the surface this makes sense, but when you look at it closer, maybe not. In such a program there is an inherent need to make the operation profitable. Even though the original intent may have been to provide a good economic solution for the property owner, that virtuous intent can become quickly overshadowed by an insatiable pursuit of profitability. In such cases, maintenance work often finds a way to self-generate.
For example, I acquired an investor a few years ago who owned a duplex. He was jumping ship with a professional property manager because in over a year of service, he had never received a single rent proceeds check. Maintenance services consumed 100% of his rent payments every month. He was frustrated, and rightfully so. This landlord was helping pay the wages for that management company’s in-house maintenance staff.
One hybrid of this policy is to have an in-house maintenance staff handle some or most of the handyman-type work, while independently contracting for specialized services. While this approaches a better solution, the same potential fault resides in the policy. We will explore another service option in my next BLOG.
Daniel R. Wilhelm
3 Options Realty, LLC.
If you have been rummaging through web results for “property management companies near me,” then you are at the right place. 3 Options Realty’s property managers in Atlanta are experienced and trained to deliver top-tier service. Call 3 Options Realty to speak with a friendly representative today to learn more about our property management & real estate services. We are ready to take your call.
We use professional market research to determine fair-market rent, and we use broad market advertising to reach a large audience. Our agents will also help you prepare your property and skillfully present your property. Prospective tenants will undergo comprehensive interviews and background screening before we negotiate with them the rental agreement using our proprietary, attorney-reviewed forms.