How much can I expect to pay for maintenance?
Average maintenance cost is a very tough question. After removing capital expenditures from the equation (new roofs, HVAC replacements, new driveways, etc.), across our portfolio, the average maintenance cost per unit in 2018 was approx. $615. Of course, this can vary greatly. It can be much more if a turnover takes place over the course of the year, or if the property is older, and of course much less if it’s newer and/or has higher end trim and appliances or has warranties in place. The important thing is that if you have decided on renting out your home, if you have a reputable property management firm in place, total cost to you in most cases for maintenance will be less than if you had to coordinate yourself, especially when you input your time in to the equation.
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Our property management strategy is guaranteed to save you money at every stage of the process. We make it easy to protect your investment, minimize costs, and maximize your income—without interrupting your daily life.