Bay Property Management Group

FEBRUARY 26, 2025

After all, hiring contractors is deductible, so shouldnt your own hard work count too? However, there are other ways you can save on your rental expenses, like contractor and material costs. The IRS only allows deductions for real expenseslike paying contractors, buying materials, or hiring property managers.

Rental Property 130

Rental Property Property Contractors Property Management 130

BiggerPockets

MAY 11, 2021

You don't have to settle for a contractor that doesn’t fit your needs. Given some time and research, you can easily find a contractor that can get the job done properly—and under budget.

Contractors 89

Contractors Real Estate 89

BiggerPockets

MARCH 17, 2024

A bad contractor could not only ruin your home renovation but cost you tens if not hundreds of thousands of dollars. Don’t believe us? Just ask Rico to the Rescue’s […]

Contractors 89

Contractors Real Estate 89

BiggerPockets

DECEMBER 8, 2023

In this article, expert contractor Bruce Woodruff delves into the crucial decision-making process in every construction project: Who should buy the materials?

Contractors 92

Contractors 92

BiggerPockets

SEPTEMBER 13, 2023

Hiring contractors can be a real pain. Read here to learn how you can best vet contractors and hire the right person for the job.

Contractors 92

Contractors Real Estate 92

BiggerPockets

APRIL 8, 2021

Before taking on renovations, whether for your primary residence or an investment property, it's crucial to find the right contractor. Ensure that they are qualified, have the support they need, and have a good reputation by vetting them with these questions.

Contractors 85

Contractors Property IT Real Estate 85

BiggerPockets

MAY 1, 2024

What’s easier to find, a unicorn or a rock star contractor? If you asked most value-add real estate investors, the answer would be obvious: “Unicorns, of course.” We all know the inherent […]

Contractors 92

Contractors Real Estate 92

Buildium

FEBRUARY 10, 2025

Vendor and Contractor Coordination Establish a network of reliable vendors and contractors. This might include shutting off the water supply in case of a burst pipe or turning off electricity if theres an electrical hazard. Prioritize tenant safety. Having trusted professionals on speed dial can expedite repairs and minimize damage.

Property Maintenance 130

Property Maintenance Maintenance Rental Property Management 130

Real Property Management Chicago

NOVEMBER 8, 2024

Distinguishing when a job requires a licensed contractor is sometimes complicated to decipher. Additionally, the best property managers interact with contractors who authenticate themselves as trustworthy service providers. But beyond that, it can be hard to tell who to call when disaster strikes.

Professional Property Management 243

Professional Property Management Property Management Property Manager Management 243

SparkRental

NOVEMBER 28, 2024

The Big Picture On How to Handle a Bad Contractor: Keep detailed records of all agreements, payments, communications, and any issues with the contractor’s work. Before escalating, address the problems directly with the contractor, clearly outlining the issues and your expectations for corrections.

Contractors 52

Contractors License Real Estate Insurance 52

Rental Housing Journal

JANUARY 27, 2025

The company makes a network of hundreds of independent contractors and handymen available for maintenance projects at rental properties. About Keepe: Keepe is an on-demand maintenance solution for property managers and independent landlords.

Tenant 119

Tenant Maintenance Apartment Contractors 119

BiggerPockets

AUGUST 5, 2022

Not knowing how to deal with a bad contractor can cost you thousands, if not tens of thousands, on a single deal. The wrong contractor can cause months more of […].

Contractors 68

Contractors Real Estate 68

Real Property Management Choice

MARCH 27, 2020

A particularly difficult challenge of investing in Inglewood single-family rental properties can be hiring capable, reliable contractors for your property improvements and repairs. Investors will want to invest in hiring a contractor that provides high-quality work. You can also research potential contractors online.

Contractors 52

Contractors License Property Management Property Manager 52

Mem Property Management

JULY 29, 2024

Different skill sets are required based on the area of need, so it’s important to be mindful of the contractor you use to get the job done. Let’s go over the top factors to consider when hiring a contractor to work on your HOA. Ask Questions Be sure the contractor is knowledgeable in the area of work you need.

Contractors 52

Contractors License Insurance Maintenance 52

Real Property Management California Coast

JUNE 2, 2023

Hiring competent, trustworthy contractors to handle your property improvements and repairs can be one of the most difficult aspects of investing in Torrance single-family rental homes. Few investors have the time or resources to hire a contractor who consistently delivers subpar results.

Contractors 52

Contractors Property Management Property Manager License 52

Real Property Management DC Metro

JUNE 2, 2023

Hiring competent, trustworthy contractors for your property improvements and repairs can be one of the most difficult aspects of investing in Brookland single-family rental properties. Few investors have the time or resources to hire a contractor whose work is merely substandard. Has the price remained the same?

Contractors 52

Contractors Real Estate Broker Litigation Property Management 52

Buildium

NOVEMBER 5, 2024

Property managers are required to request a W-9 from and issue a 1099-MISC form to each owner, attorney, and contractor they work with, so long as payments meet or exceed the $600 threshold. The W-9 form will give you their filing status and federal tax ID, so you can file your 1099-MISC forms accurately when the time comes.

Property Management 227

Property Management Property Manager Management Electronics 227

BiggerPockets

MARCH 19, 2024

Make sure you don’t overlook the tenant screening process or hire the “cheap” contractor. Want a successful, cash-flowing rental property? Otherwise, you could be dealing with floods, evictions, project delays, […]

Contractors 58

Contractors Tenant Rental Property Property 58

Buildium

FEBRUARY 10, 2025

Additionally, property managers should work to build long-term relationships with reliable contractors and service providers, negotiate favorable contracts, and carefully manage maintenance costs. These tools give real-time updates, maintaining transparency and accountability.

Property Maintenance 130

Property Maintenance Maintenance Property Management Property Manager 130

Buildium

DECEMBER 17, 2024

Deductions on Employees and Independent Contractors If you hire one or more employees to help you with your property management business, your payroll and other costs, such as health insurance and other benefits, are fully deductible.

Property Management 246

Property Management Property Manager Management Property 246

Fourandhalf

OCTOBER 10, 2024

You can connect with marketing professionals, software developers, painting contractors, repair contractors, property management staffing services, home maintenance service providers, pest control solutions, tenant screening services, and property inspection services, and many more.

Property Management 193

Property Management Property Manager Residential Property Management Residential Property Management 193

Bay Property Management Group

NOVEMBER 15, 2024

FAQ Who finds the contractors for repair and maintenance work? They’ll have a list of contractors they work with or look for a contractor as needed. If tenants or owners have had a great experience with a contractor, they can always have the property manager keep them on the list. Can I make a tenant pay for repairs?

Property Management 130

Property Management Property Manager Management Contractors 130

American Apartment Owners Association

MARCH 31, 2025

This role often includes managing permits, contractors, and project timelines. Marketing Coordinator Salary Range : $37,000 $97,000 Designs and implements campaigns to attract tenants or investors, working closely with leasing teams and brokers.

Real Estate 130

Real Estate Education Rental Income Finance 130

American Apartment Owners Association

DECEMBER 18, 2024

On the other hand, activities like communicating with tenants, overseeing contractors, and performing repairs are generally eligible. Supporting evidence like receipts, emails, and contractor invoices adds another layer of credibility to your claim. Its important to note that not all activities count toward material participation.

Real Estate 246

Real Estate Single-Family Home Contractors Rental Property 246

Real Property Management Evertrust

DECEMBER 6, 2024

All maintenance visits need coordination between you, the tenant, and the service provider or contractor. Strong communication is necessary because maintenance for occupied properties typically involves three parties. Involving tenants in the maintenance process through consistent communication and feedback can make the process smoother.

Maintenance 246

Maintenance Property Property Management Property Manager 246

Florida Property Management

NOVEMBER 20, 2020

Smart investors know that screening the maintenance contractors who work on your property is almost as important as screening the tenants who live there. At Florida Property Management Services , we have the benefit of working with some of the best local vendors and contractors. Visit their website and see if they have any guarantees.

Contractors 52

Contractors Maintenance Rental Property Insurance 52

Buildium

MARCH 19, 2025

Property management software typically includes features for tracking maintenance requests, scheduling repairs, and managing contractors. Maintenance Management Handling maintenance requests efficiently is crucial for tenant satisfaction and property upkeep. This helps you spot and fix issues quickly.

Property Management Software 130

Property Management Software Property Management Property Manager Landlord 130

Buildium

DECEMBER 30, 2024

Employees and Contractors If you hire one or more employees, your payroll, as well as costs such as health insurance and other benefits are fully deductible. When you hire an independent contractor, that cost is deductible, too.

Property Management 245

Property Management Property Manager Management Property 245

Forbes Business Council

JANUARY 28, 2025

These simple practices can help you make contractors feel like valued contributors rather than outsiders.

Contractors 101

Contractors 101

Buildium

MARCH 19, 2025

Accountability With maintenance software, landlords can monitor the progress of jobs, work order histories, and their overall track record with contractors. Its the best way to spot problems quickly and make renters feel taken care of. This accountability helps maintain high standards of property upkeep and tenant satisfaction.

Property Maintenance 130

Property Maintenance Maintenance Landlord Rental Property 130

Buildium

FEBRUARY 10, 2025

Coordinating with Contractors and Vendors: Finding reliable contractors, negotiating fair prices, and completing work on time requires diligent management. Vendor and Contractor Management Establish long-term relationships with reliable contractors, negotiate favorable contracts, and complete repairs promptly.

Property Maintenance 130

Property Maintenance Maintenance Rental Property Management 130

Real Property Management Evertrust

NOVEMBER 22, 2024

Cooperate with your insurance company and reputable contractors to make sure fixes are executed correctly. This should cover any damage to structural elements, drainage system and electrical wirings, and other major systems. As needed, submit insurance claims right away and keep comprehensive records of the damage and the repairs.

Rental Property 244

Rental Property Management Insurance Property 244

BiggerPockets

APRIL 21, 2024

But an investor-friendly agent—one who will find deals for you, run the numbers, hook you up with contractors, and help you […] Everyone knows how to find a real estate agent.

Contractors 91

Contractors Real Estate 91

ADDA

NOVEMBER 29, 2024

Data and Record Management: Maintaining accurate logs of visitors, deliveries, and contractor details is often challenging. These systems should also include provisions for contractors, delivery personnel, and staff. Lack of trained personnel and unmaintained safety equipment can delay responses and increase risks.

Management 130

Management Contractors Education Apartment 130

BetterWho

DECEMBER 3, 2024

Work with Trusted Vendors : Build relationships with reliable contractors to ensure quality service. Efficient Maintenance Strategies Regular upkeep is the backbone of successful property management. Schedule Routine Inspections : Use the best property manager apps to track and schedule maintenance tasks.

Property Management 246

Property Management Property Manager Management Consulting 246

Multifamily Insiders

FEBRUARY 20, 2025

Illegal harassment by employees or contractors can lead to fair housing complaints, legal consequences, and damage to a company's reputation. In property management, ensuring a safe and respectful living environment isn't just about reacting to problemsit's about preventing them before they arise.

Contractors 91

Contractors IT Property Management Property Manager 91

BetterWho

DECEMBER 3, 2024

Work with Trusted Vendors : Build relationships with reliable contractors to ensure quality service. Efficient Maintenance Strategies Regular upkeep is the backbone of successful property management. Schedule Routine Inspections : Use the best property manager apps to track and schedule maintenance tasks.

Property Management 238

Property Management Property Manager Management Consulting 238