In Washington, the average house costs around $618,000 according to World Population Review. The state is an amazing opportunity for rental property owners, but it's crucial to budget time and money for maintenance. If you're working with a rental property management company, you might be wondering whether they're going to handle repairs for you.
We've created a brief guide with key details about what you can expect in most circumstances. Let's take a closer look at what you should keep in mind in Puyallup, Washington when moving forward so you can plan your budget appropriately.
Property Manager Responsibilities
Property managers typically oversee various aspects of a property, ensuring it remains in good condition. The scope of their responsibilities depends on the contract between the property owner and the management company.
While some property managers may take on all maintenance tasks, others only handle specific ones, leaving minor repairs to the tenants. It's essential to clarify these roles early to avoid confusion, as property management expenses can quickly add up if not properly defined.
Who Handles Routine Maintenance?
Routine maintenance is often the responsibility of property managers, especially in larger complexes or buildings. Common tasks such as HVAC upkeep, plumbing, and landscaping are usually covered under the management agreement. Some tenants may assume that all repairs fall under the manager's duties, but rental property repairs can sometimes fall on the tenant depending on the type of damage.
When Property Managers Cover Repair Costs
Repair costs handled by property managers typically involve structural or emergency repairs that ensure tenant safety. For example, if the heating system breaks down in winter, it's up to the property manager to arrange for immediate repairs.
In cases of significant repairs, the costs are often categorized under the broader real estate management expenses. However, if damages are caused by tenant negligence, those repairs are usually charged back to the tenant.
Repairs Tenants Are Responsible for
While property managers cover major repairs, tenants are often responsible for minor fixes like changing light bulbs or unclogging drains. Lease agreements usually outline these tenant obligations to prevent disputes.
Routine wear and tear is the landlord's responsibility, but any damage beyond normal use could be the tenant's obligation. A clear understanding of tenant responsibilities ensures rental expense optimization by reducing unnecessary repair costs for the property owner.
Negotiating Repair Terms
Open communication between property owners and managers is key to ensuring a smooth process when repairs arise. Property owners may want to negotiate certain repair costs or stipulate who handles what in the agreement.
Some prefer to approve large repairs personally to maintain financial management control, while others give property managers full authority. Creating a well-structured contract from the start minimizes disputes and saves money, as well.
Understand Rental Property Management Obligations
In most circumstances, your rental property management company will handle repair costs for you. From here, you can focus on your other responsibilities and streamline your role as a landlord.
SJC Management Group has over 51 years of experience and manages 2,140 properties with a notably high tenant satisfaction rate. Our efficient services include comprehensive tenant screening, 24/7 maintenance, and online financial reporting. You'll learn more about how we can help with your property in Puyallup when you get in touch with us today.