Do Property Managers Pay for Repairs?

Hiring a property manager can be one of the smartest moves a rental property investor ever does. If you’re looking for property management in Yukon, OK, for instance, the right manager will handle day-to-day activities such as tenant hunting and tenant payment of rentals so that you have the freedom to take up other activities. A confusing point for novice landlords, however, revolves in the area of maintenance and repairs. At the top of issues that commonly arise in this area includes the question: Does a property manager pay for repairs?

The short answer is no. Even though property managers are responsible for scheduling and overseeing repairs, the expense for such repairs nearly always lands in the property owner's pocket. Let's take a little closer examination so we can get a better idea about the responsibility a property manager carries in maintaining your asset.

Property Managers Do Not Fund Repairs, They Arrange Them

So, do property managers pay for repairs? No, they don’t. Consider your property manager the middleman or coordinator for any repairs your rental property requires. When a tenant comes forward with a complaint, such as a dripping faucet or faulty appliance, they call the property manager, not you. The manager from First Class Property Solutions, for example, inspects the problem, arranges a qualified contractor to complete the job, and ensures the repair's done up to par.

This expense is normally carried by the property owner. In most instances, the administration contract will also spell out how these are managed. Most property owners carry a repair account from which the property manager can take minor, advance-authorized repairs up to some predetermined amount, say $250. 

For more substantial repairs, the manager will get quotes and ask for your authorization prior to undertaking them. The repair cost then comes from your rental income or reimbursed from you directly. You may wonder, do property management companies pay for repairs? The answer is the no: costs are generally the owner's responsibility.

Additional Responsibilities of the Property Manager

In addition to coordinating repairs, a property manager carries out a variety of activities meant to secure your investment and yield the highest possible returns. We screen prospective tenants, oversee the lease agreements, and ensure tenants pay the rents on time. We also carry out routine property inspections with the aim of detecting potential faults while they are still cheap and thus prevent expensive repairs later. In this way, the property remains in top shape while the tenant remains content.

Moreover, First Class Property Solutions acts as the main contact person for the tenants and takes charge of all communication, complaints, and emergencies. The professional buffer saves you from the trouble and time of having late night phone calls or tenant conflict. The local landlord-tenant law expertise also prevents you from being in non-compliance and protects your legal and monetary risks.

A Partnership for Property Success



At its core, the relationship between a property owner and property manager is a symbiotic partnership. The manager manages day-to-day operations, such as the crucial job of handling repairs, while the owner provides the capital. Division of labor allows your property to run with ease and efficiency so that the property can remain a very profitable and well-managed asset. Understanding this dynamic allows you to have well-defined guidelines in effect and build a healthy, successful work relationship with your property management team.