Repairing Your Rental vs. Hiring a Contractor

October 16, 2024
repairing-rental-home-contractor

When your rental property needs some repair work done, you may debate between doing the job yourself and hiring a contractor. Here are some questions you may want to ask yourself. 

Which DIY projects suit you best?

If you have experience repairing appliances or doing roof work, you could be the best person to solve the issue. However, if you lack expertise, you may want to step aside. YouTube videos can be useful, but there are professional electricians, plumbers, etc. for a reason. Even if you have the knowledge to do the job, you may be too busy. It also may not be a good idea to put it off. The issue could get worse in the meantime, and no one wants a little leak or an odd sound to snowball into a much bigger issue. Repair projects take time, and sometimes that may be the best reason to call in a professional.

What are the potential risks?

Generally, if a needed repair is dangerous or even somewhat risky, we recommend calling a professional. This is also crucial if you're a landlord with tenants involved. Liability and potential risks must be considered. Contractors are licensed and insured. If they're not, find someone who is, and always ask before hiring them. If this needed repair is related to a remodeling project, contractors handle permitting and other details to ensure the project is up to code and legal. Additionally, if your property is part of an HOA (Homeowners Association), you'll want to examine the rules and regulations to make sure you're not risking any noise violations or design changes that require approval.

What's a realistic timeline and budget for this project?

If the needed repair is something that can be done over a weekend, such as fixing a front porch or repairing a few fence posts, you may want to do it yourself. Often, contractors have busy schedules and they're fitting you in, so you may have to adjust your timeline. However, if it's something potentially hazardous like a furnace issue, they may be able to prioritize your need. It's best to ask about the timeline upfront before agreeing to anything to make sure you're on the same page. Getting a quote first is also really important. The quote will include material costs, labor, and warranty terms. Getting quotes from a few different contractors also helps you get a solid estimate.

Do you have the capacity to deal with these repairs?

If you know you don't have the time to do the repair work and even the thought of managing this project with a contractor is stressful, consider hiring a property management company. Here at Windermere Property Management, we resolve issues quickly using electronic work-orders. Locally owned and operated here in Kitsap County, WA, we communicate with our trusted vendors and can email you a copy of the work order and relevant information so you have real-time updates. Furthermore, we provide preventative maintenance and an online portal for homeowners and renters. And, a property management company can actually increase your profit. If you're interested in working with us or have questions, feel free to contact us.

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