Benefits of Having a Property Manager who is a General Contractor
Property managers and general contractors play different roles in real estate. But if you have a multi-serving property manager who is also a general contractor, like here in Green Ocean Property Management consider yourself lucky as you can experience these perks. Here are the benefits of having a general contractor as your property manager. …
Property managers and general contractors play different roles in real estate. But if you have a multi-serving property manager who is also a general contractor, like here in Green Ocean Property Management consider yourself lucky as you can experience these perks. Here are the benefits of having a general contractor as your property manager.
#1 We handle repairs and renovations
Here at Green Ocean Property Management, we get involved in doing every single major repair or renovation. In addition, our teams handle all in-house repairs. We can handle the majority of things except for those that require licensed individuals, such as plumbers or electricians. But we do have local vendors that we work with on a daily basis and handle those issues for us.
Because we have our own in-house staff, that means we can prioritize your property. We have worked with tons of our landlords to finish renovations in a matter of weeks. We know other vendors might take months, who don’t prioritize your property because they don’t have to answer to you later on. But as your property managers, we have to answer to you, so we make sure that we minimize your vacancy. Remember, vacancy equals money. When you get an opportunity to renovate your property and make an improvement, we understand what needs to be done. We maximize the return that you get on your property in your investment.
#2 We help you handle property management issues from the perspective of general contractors
As a general contractor, we have the experience and knowledge to help guide you through any type of major issues that you might have on your property. We help solve the kind of issues that cause tenant complaints or damages to property very quickly. For example, owners of properties can’t figure out where the roof leak is coming from. Since we are experts at leak testing, we identify and solve the leak correctly. Problem solved, no more complaints.
Many times, we get brought on as property managers because there are just issues that other property managers can’t figure out. Other vendors out there try to figure this issue out for them, but honestly, vendors aren’t there to troubleshoot and solve these problems for them. That’s the property manager’s job. We take it to heart that we love solving problems, even before they happen.
#3 We know the rental market
By being in the market itself, we know how to advertise properties in your locale. We know what renovations to do, without going too high. As we understand that your property is an investment that should be making you more money, we won’t waste your budget on being fancy. We will do just enough to be a little bit nicer and more profitable than other properties in the same cost segment.
If you or anyone else you know is looking for a property manager that is also a general contractor and can help you solve issues with maintenance or even repairs and renovations that are just long overdue, please think of Green Ocean Property Management: where you get more than a property manager, you get peace of mind.
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