A common issue for property investors is lower than expected returns due to exorbitant maintenance costs. Learn how JWB keeps maintenance costs lower than most and how you can increase your rental property returns.
Pay Less for Repair Work
One strategy that has worked well for JWB and clients is to leverage volume when negotiating pricing with contractors for common rental property repairs. JWB manages a lot of properties in the Jacksonville market, and is able to leverage this volume to achieve lower maintenance costs for their investors. This can really add up over time and can affect your overall return on investment.
Avoid Hidden Fees
Many property management companies will mark-up repair costs or charge additional service fees. These fees can be as high as 10-15%! When researching a property management company to partner with on your rental properties, be sure to read all the fine print. JWB clients enjoy lower than normal maintenance costs and don’t pay any hidden service fees so they can increase their overall returns over time.
Find the Right Property Management Company for You
JWB believes in delivering value and great returns, and we know how fees and repair costs affect our clients returns. We use our buying power as a tool to help increase our clients overall returns while taking excellent care of their rental properties. If you’re looking for a property management company that aligns with your goals, we invite you to reach out to our team to learn more.
Want to learn more about investing in rental properties passively? Watch our free webclass and discover the 3 keys that every investor should know before they make their first rental property investment. If you have any questions or if you would like to speak with a member of our team, please fill out the form or give our office a call at (904) 677-6777.