Is it worth having a property manager?
While property managers do cost money, they can provide a lot of value to the client. They have marketing know-how and can advertise and perform showings of your property to the rental market. They can collect rent for you and screen potential tenants. They’ll also deal with tenant complaints and repairs, evictions and late rent. Finally, they can manage bill payments to simplify your paperwork and maximize your mental bandwidth.
Chat with top-rated property managers near you to find out if hiring one is worth the cost.
Are there ways to be safe if I hire a property manager when social distancing?
If you're hiring a property manager to look after a property that you own, consider the safety implications of in-person visits. Due to the CDC’s social distancing guidelines, it may be difficult for the property manager to collect rent in person or complete certain maintenance tasks. Check with your local government guidelines and consider implementing extra safety measures -- such as wearing a mask and gloves -- if you have to meet with them in person.
Do property managers offer remote or virtual services?
Contact the property managers near you and ask if they offer remote or virtual services to accommodate the recent social distancing guidelines. For example, some property managers may be able to collect rent by using digital payments and deal with maintenance issues over the phone or via video chat.
What’s the best way to set up a consultation or an appointment with a property manager during the COVID-19 pandemic?
Ask the property manager if they can set up a virtual consultation or remote appointment using a phone or video chat. It’s best to avoid as much in-person contact as possible during the COVID-19 pandemic. If they can talk virtually, ask any questions you have about the work that needs to be done. Ask about their system for handling payments, and see what kinds of precautions they have in place to ensure safety and social distancing.
How much does a handyman charge?
Minimum rates for handyman jobs typically range from $60-$100. Pricing will depend on skill and experience required for the job, as well as regional labor rates. Here are a few examples of average handyman flat rates:
- Attic ladder replacement: $150.
- Toilet replacement: $75.
- Ceiling fan and light fixtures: $75.
- Faucet replacement: $125.
- Garbage disposal: $75.
A handyman performs general maintenance and repairs for residential and commercial properties. A handyman may charge a flat fee for standard services that take a predictable amount of time, such as installing a new appliance, as well as an hourly rate for larger projects such as digging out and replacing a rotted fence post. A cost-saving strategy when hiring a handyman is to bundle all the tasks you want them to do into one visit to make the most of any minimum service fees.
Is it worth it to hire a professional to mow your lawn?
Although hiring a lawn care company is more expensive than doing it yourself, it can be well worth the money. For starters, it saves you time and equipment maintenance, which may be justifiable financially. It also creates a more professional appearance. Plus, a pro can spot problems before they occur. This can save you money on expensive reseeding, aeration and other types of lawn repair down the road.
Contact the best lawn mowing professionals near you to start getting free estimates.
How do I find a good property manager?
You can find the best property manager in your area by starting with an online search. Compare profiles and ratings, and read customer reviews — these tend to give a snapshot of the manager’s quality of work and customer service. Additionally, customers may post photos of their properties that give an idea of the pro’s attention to detail.
Licensing is required in some states, so check to see your state’s policies on licenses and certification.
Finally, compare quotes and prices from at least three property managers.
What does a handyman do?
A handyman is a skilled laborer who provides basic home repairs. Anyone can call themselves a handyman, although most who do so are skilled with repairs and home projects. Reading reviews is a good way to determine their fitness for your job. The tasks a handyman can perform include assembling furniture, painting interiors and exteriors, repairing fences, repairing broken doors or replacing trim, hanging lights, hooking up appliances, and much more. Handymen may have flat fees for certain services, or charge an hourly rate. Handyman rates are often lower than those of a contractor, as they don’t have the same specialization. Some states have no limit on the work a handyman can perform, while others do. For example, California’s Building and Professions Code section 7048 (small operations) permits handymen to provide work similar to that of a contractor (floor installation, painting, etc.) provided the total cost of labor and materials does not exceed $500. A handyman is a great resource for minor home repairs at a lower cost than a licensed contractor, but for more complex projects, it pays to hire a specialized contractor. Fore more, check out our tips for smart hiring on Thumbtack.
What do handymen charge per hour?
On average, you can expect to pay a handy person around $55 per hour. However, this cost can range between $35 and $80 per hour, depending on a number of factors. For instance, a handyman may charge a minimum fee of $50-$100 for small jobs that won’t take much of their time. The complexity of the job will affect the price as well. Your final price will also depend upon where you live, as certain regions have higher labor rates than others.
Get in touch with a few handy people near you, and ask for free cost estimates.
Can I use digital payments to pay for property management services?
Some property management services accept digital payments such as PayPal, Venmo and Zelle. Check with the property management business near you to see what kinds of payments they accept. Remember that digital payments are typically considered safer due to the COVID-19 pandemic, as it requires virtually no person-to-person contact.