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In-House vs. Outsourced Maintenance: What's Best for Your Rental Property?

System - Thursday, July 11, 2024

When you find yourself researching the best property management companies in the area, one of the most important questions to ask is whether maintenance is performed in-house or contracted out to local vendors and contractors. This is important, especially if you’ve never worked with a property manager before, and you don’t know what to expect. 

Most property professionals will do one or the other. Either they’ll have their own maintenance division in-house, or they will not have any type of maintenance team, and they’ll subcontract the work out.  

Occasionally, you may come across a hybrid version, where the management company will perform limited maintenance and subcontract out the bigger or more specialty items to professionals like electricians or plumbers.

At Rental Homes USA, we have a team of highly skilled technicians who remain available to take care of emergency needs around the clock. Our team also provides routine maintenance including plumbing, electrical, and sheet rock repairs. We handle the painting, carpet and vinyl installation, landscaping, mowing and snow removal. Whatever the maintenance task, requiring interior or exterior attention, we can handle it. This is a huge benefit to our owners. 

We want to give you a look at how in-house maintenance measures up to outsourced maintenance so you can make up your own mind as you choose a property manager

Contracting Out Rental Home Repairs in Chesapeake and Virginia Beach

When a property management company outsources out all maintenance, the property manager or the maintenance coordinator takes care of organizing routine and emergency maintenance needs between the vendors and your tenants who are reporting repair needs. The vendor employs the workers and assumes all liability for those employees.  

You will want to make sure your property manager has verified the vendor’s professional license and insurance. If employees are involved, they need to have worker’s compensation insurance. The point of checking for licensure and insurance is protection. If a worker gets hurt at a property, the vendor makes any claim against their own insurance, not the property owner’s insurance. 

When a management company uses a vendor on a regular basis, they should be able to negotiate competitive rates. These discounts should be passed on to you, the owner. A good management company will also review and pay invoices on your behalf. 

How Landlords Can Benefit from In-House Maintenance

That’s generally how things work when your property manager outsources maintenance. 

There is an argument to be made in favor of in-house maintenance.   

When your property manager has their own maintenance team, they can control the scheduling, the pricing, and the experience. Your vendors will be well-screened. 

You won’t have to worry about waiting for a plumber to be available of an electrician to get back to you. The maintenance personnel employed by your property manager are readily available to be scheduled for work. 

Coordinating repairs is often more efficient. 

Many of us in property management believe this approach to rental property maintenance is more cost-effective for the property owner and that repairs are made in a timelier manner. We can hold our maintenance team accountable, and we are also accountable to our owners and tenants.    

Maintenance is one of the most complicated parts of renting out an investment property. If you don’t already have a preferred list of vendors and contractors in place, you could spend a lot of time and money trying to get repairs made at your rental property. 

Professional property management can help. Even better is professional property management with an in-house maintenance team. Here’s how you’ll find you might benefit from in-house maintenance:

  • You Know You’re Working with Licensed and Insured Contractors

Having access to licensed and insured contractors is critical. You don’t want to hire anyone off the street or off the internet to make important repairs. This only increases your liability and risk. You also don’t want to make the repairs yourself. Who knows when you’ll have the time? Our background and experience allow us to properly screen the maintenance team we send to the rental properties we manage. With our maintenance experts, you’ll know you’re getting licensed and insured professionals who can be counted on to do good work. 

  • Repairs and Maintenance are Cost-Effective 

Maintenance can be expensive, and if you’re not sure what things should cost, you can end up paying more than you need to even for minor repairs. With access to an in-house maintenance team, you won’t have to worry about overpaying. Your property managers understand the repair and maintenance needs of your property. We work closely with handymen and maintenance crews to make sure your needs are met affordably. You won’t have to waste time collecting bids from competing contractors. 

  • Responsive Emergency Repairs 

When there’s an emergency at the property, time is of the essence. You don’t want to waste time looking for someone who can respond. With our team, we can immediately dispatch a professional to diagnose the problem and make a plan for resolving it. This is good for you because any further damage will be mitigated. It’s good for your tenants because their issue will be responded to immediately.

Flexibility with Outsourcing When Repairs are Extensive

While our own maintenance team is excellent at taking care of the general repairs that are needed at your property, we’re quick to understand when a more nuanced professional is required. When there’s extensive renovation work that’s needed or a repair we run into that we just haven’t had the opportunity to address before, we have relationships in place with outside contractors who can help us. There’s never any concern that we won’t be able to respond to a repair or a problem that’s happening at your property. We’re confident in what our team can do, and we’re well-connected enough to ask for help if the need arises.

In House MaintenanceMost importantly, in-house maintenance means that vendors are readily available to respond to problems as they occur. This means better protection for your property and your profitability. 

Let’s talk about the best maintenance scenario for you and your investment. Contact us at Rental Homes USA. 

Navigating Property Management for Military Families

System - Thursday, June 13, 2024

Navigating Property Management for Military Families - Article Banner

At Rental Homes USA, we are proud of being a military-friendly property management company, and if you’re an owner wondering what to do with your home while leaving for a new duty station, our team can professionally manage it for you. We’ll share the benefits of renting out your home while keeping your asset, and we’ll talk about how we’re here to make sure that your property is protected and your rental experience is exactly what it should be. 

In our market, we’re close to a number of military bases and naval stations. We understand the unique challenges of military members and their families, and we’re here to help you navigate this market and earn some money. Leverage our experience with the local rental laws, competing properties, and tenant requirements. 

We know what military owners need, especially when they’re preparing to leave the area and rent out their home. Our experienced management team is here to provide an outstanding experience.

Military Families in Virginia Beach and Chesapeake: Keep Your Home and Rent it Out 

If you’re a member of the military and you’re preparing to move to a new duty station, a lot of details are going to need immediate attention. It can be overwhelming, even if your military service means you’ve done this dozens of times before.   

The first and most important question to ask is: What will you do with the home you own? 

Selling might prove to be one extra thing you don’t want to worry about. With the market shifting and prices peaking, it may take more time than you’d like to sell the place you’ve called home while living in the area. Plus, you’d have to give up your asset, and what if you plan to potentially return to the area at some point in the future? 

There are a few important benefits to renting out your property while you’re serving elsewhere, and we can help you take advantage of: 

  • Consistent and Recurring Income

This is a strong rental market. That’s due in part to the military presence here but also because we have been growing economically. Chesapeake and Virginia Beach are becoming a popular destination for people who are seeking a higher quality of life. There’s new industry moving in and remote workers who can live anywhere while keeping their jobs are finding that areas such as Chesapeake, Virginia Beach, and the surrounding areas make sense. 

Rents are high and so is demand, meaning you can count on a pool of qualified tenants. 

Having a tenant move into your property leads to regular rental income, and that can go towards paying down the mortgage on your investment. You’ll increase the return you earn on your property, and you’ll have some consistent cash flow coming in. 

When you have good tenants in place and a team of expert property managers helping you to maintain your home, you’ll be able to earn money on your property consistently. 

  • Appreciation and Holding Onto your Asset

Did you enjoy living in this area? If you’re imagining a situation in which you’d move back, it makes sense to hold onto your home. But, you want to make sure that home is kept in good condition while you’re not in it. That’s where property managers like us can help. 

Even if you have no plans to return to the area, you know that an investment property in this part of the country is a profitable venture. Your asset grows in value the longer you hold onto it. As your rents increase, you earn more and more money over the long term. 

  • Tax Benefits to Renting Out a Property 

You should also consider taxes. Selling may require you to pay capital gains taxes. Renting it out, however, will provide you some tax relief because you’ll be able to deduct mortgage interest, property management and other professional fees, as well as the cost of maintenance and repairs. 

Property Management for Military Members

Even when you know that renting out your property is the best way forward when you’re at your new duty station, there are concerns that are unique to military members. You’ll be far away; it’s not like you can be here to show the home, make minor repairs, or respond to an emergency that your tenant has reported with the plumbing or an appliance. 

That’s why you need a professional property management partner like our team at Rental Homes USA.

Here are the best tips and strategies that we can offer based on our extensive experience leasing, managing, and maintaining investment properties owned by members of the military and their families. 

  • Establish a Strong Support Network

One of the first steps in successfully managing your rental property from a distance is to establish a reliable network of local contacts that can assist you when needed. Your property manager is an absolutely essential partner in this process. We will handle day-to-day operations such as tenant screening, routine inspections, maintenance issues, and emergency responses. We’ll have established relationships with vendors, contractors, and service professionals to ensure your investment is well-maintained, in good condition, and increasing in value. 

  • Make Use of Technology

Leverage technology to streamline the rental process when you’re at a new duty station but still committed to staying connected to your investment and your management team. We facilitate this with online platforms that can simplify the management of your property. You will have access to digital and online listings when your property is vacant and we’re looking for a tenant. We’ll collect rent online so that you’re paid immediately. And we’ll provide accounting statements and financial reports in real time that show you exactly where you stand financially with your investment. 

Communication is essential. We provide a number of ways for you to reach us. We’ll have regular check-in conversations to let you know how things are going and whether there are any decisions that need to be made. We provide peace of mind. 

Contact Property Manager

If you’re worried about becoming a landlord, that’s why we’re here. We protect the value and condition of your property once you leave it in our experienced hands. Contact our team at Rental Homes USA when you’re moving to a new duty station and need help with your property.

Why You Should Work with Rental Homes USA in Virginia Beach, VA

System - Tuesday, June 14, 2016

At Rental Homes USA, we manage homes professionally just as if they were our own. We are located in Virginia Beach, Virginia and today we want to talk to you about why you might pick Rental Homes USA to manage your home.

Property Management Experience

We have been in business for 32 years as real estate agents, and for the last 20, we have been managing homes just like yours. Some of our clients own investment properties and others have left their homes in our capable hands just because the owners had to move away and leave the home behind as a rental. This is a common practice when you are leaving your house but you choose not to sell at that time. Whatever your circumstances, we have the experience and expertise to care for your rental property.

MPM Certification

We are master property managers as certified by the National Association of Residential Property Managers (NARPM). That means we have earned a higher level of training and competence in the property management business. That is a big plus for you, and our involvement with NARPM means we have access to a number of tools and resources that can be beneficial in rental management.

Tenant Screening

We conduct a heavy screening of all tenants. This includes background checks, income verification and other things we have learned to do to verify who they are before they rent your home from us. At Rental Homes USA, we have very few evictions. This is directly related to our thorough screening process.

On Time Rent Payments

We demand our tenants allow us to draw their rent from their bank accounts on first of every month. This is very helpful because we know that they are going to have the money in their accounts on the first, when rent is due. It ensures rent is paid on time and it works out really well.

Communication

We have great communication with our tenants. This means a lot to them, especially when we are quick to respond to their needs. We’re particularly proactive when it comes to maintenance and repair requests, but we’ll tell you more about repairs in a later blog.

If you’d like to hear more about why we might be a good fit for you, please contact us at Rental Homes USA.


O: (757) 717-1139
F: (757) 353-4279

Rental Homes USA, LLC
3437 Chandler Creek Road, Suite 103
Virginia Beach, VA 23453


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