It might make your mouth drop open to hear that the vacation rental industry is expected to be worth a whopping 113.9 billion by the year 2027. If you have a vacation property or are hoping to invest in a vacation property, you might be hoping to capitalize and be a part of that big number.
Yet, before you throw open the doors to renters in your property, there are some things to consider.
If you're a homeowner you know there are always maintenance issues that arise. You will need some maintenance coordination services to help handle the needs of your property.
You certainly don't want the phone calls at all hours if there's an issue. You probably want a property management company to help take care of the day-to-day business of renting the property.
Read on to learn what you need to know about hiring a property management maintenance coordinator for your property.
What Does a Maintenance Coordinator Do?
Hiring a maintenance coordinator for your property will be a smart move as you consider making it a rental property. This person will be in charge of maintenance coordination for all your property's needs.
The maintenance coordinator will be responsible to manage, schedule, and purchase maintenance services and supplies as they arise for your property.
Responsibilities of a Maintenance Coordinator
What will a maintenance coordinator do for you and your property while it is acting as a rental. Let's take a closer look at the responsibilities they would have for your property.
When there are tenants coming and going from your property, it's important to have someone monitoring the property. This can mean everything from checking the furnace and AC to changing light bulbs, hanging blinds, and trimming bushes.
Your property will have more value when all the preventative care is handled consistently.
With a variety of tenants, requests can come in at odd times. One tenant may not notice any issue, while another will call immediately for a repair.
If there's a problem with the garbage disposal not working or their blinds won't open and close properly, a maintenance person will need to get to the property to address the need.
Tools, Equipment, and Supplies
The truth is that you may not even live in the area where your rental property is located. You need someone who is local and is equipped to handle any repairs needed.
They need to have access to the vendors and specialists that might be needed to come in and do a repair on your property.
While you want to hope they won't happen, sometimes emergencies pop up even on the best-maintained properties. Perhaps a toilet overflows or the water heater stops working.
You need maintenance services who are available 24/7 to address emergencies as they arise for your tenants. An unhappy tenant doesn't bode well for future rentals.
Line Up the Maintenance Coordination You Need for Your Rental Property
As you prepare to make your vacation property a rental, getting quality property management and maintenance coordination will be key to making your rental experience successful.
You also want to know your property is being maintained and cared for the way it should be. If you want to learn more about our Columbia, South Carolina property management services, contact us today.