• Owners
    • Owners
    • Owner Portal
    • Prospective Clients
    • Sell Your Rental
    • F.A.Q.
    • Rent Calculator
  • Tenants
    • Tenants
    • Tenant Portal
    • Prospective Tenants
    • Current Tenants
  • Blog
  • Call Us Today (215) 586-8000
  • Schedule A Phone Call

Keyrenter Main Line Property Management

  • Property Management
    • Comprehensive Services
      • Tenant Screening
      • Evictions
      • Property Inspections
      • 24/7 Maintenance
    • Types of Management
      • Homes & Condos
      • Apartments
      • Multi-Family
      • Lease Only
    • Who We Serve
      • Rental Homeowners
      • Multi-Family Apartment Managers
      • Real Estate Investors
      • Realtors
    • Learning Center
      • Should I Manage My Property
      • Keeping Maintenance Cost Low
      • Staying Informed From Afar
      • How to Choose A Property Manager
  • Search Rentals
  • Pricing
  • About Us
    • Testimonials
    • Meet The Team
  • Contact

Keeping Maintenance Cost Low

Keyrenter Main Line, PA

Home » Keeping Maintenance Cost Low

Minimize Expenses, Earn More

Many property owners are plagued with sky high maintenance costs, resulting in lower overall profits. In fact, some landlords struggle to turn a profit at all, thanks to a seemingly never-ending list of repair bills. While things do go wrong from time to time, making repairs unavoidable, there are certain measures you can take to keep your costs more manageable. Use the following tips to get a better grasp on maintenance costs in your rentals.

Get Help

Invest in Proactive Upgrades

It may feel counterintuitive to spend more money in order to lower costs, but proactively addressing future problems can save you a bundle in the long run. Many homeowners only make upgrades to their rental homes after something goes wrong, but this approach can cause problems to grow ever larger.

For example, if your home’s roof is missing shingles, it’s better to pay to fix it now, as opposed to waiting until the situation is really dire. If you let the issue spin out of control, a few missing shingles could turn into a roof that needs a complete overhaul. The same can be said about many other repairs and upgrades.

Save for Maintenance Costs Every Month

If you have mortgage payments to make or debts to pay off, you’re likely applying your rental income to these obligations. Unfortunately, some homeowners treat any additional funds as extra spending money, rather than putting some aside for a rainy day. Ask yourself, if your rental needed urgent repairs to the tune of several thousand dollars, how would you finance these expenses?

Many landlords are forced to borrow money in this situation, incurring interest, bank fees, and a pile of debt. Instead of finding yourself in these shoes, make a habit of saving a percentage of your income every month for unforeseen circumstances.

Stop Taking the DIY Maintenance Approach

Landlords often turn to property management firms in Pennsylvania for convenience, only to find themselves shocked by lower maintenance bills. The simple reality is that many times a DIY fix costs more money than the same service from a property manager. At Keyrenter, we’re able to negotiate bulk services from vendors and contractors, with rates lower than what you might be able to obtain on your own.

Furthermore, we get the job done right from the start. Many handymen try to patch a problem and hope it does the trick, but we used licensed workers to complete repairs that meet building codes. This saves money in the long run, as the same problem is unlikely to reappear.

Dealing with maintenance costs is simply one of the harsh truths of being a property owner, but don’t be fooled into thinking you have no power over these expenses. By thoughtfully investing into your property’s upkeep, saving for the future, and choosing the right partners, you could save yourself a small fortune over the lifetime of your property.

Want to learn more about our dedicated maintenance services? Give us a call to get started: (215) 586-8000.

Get Started

  • Property Management Main Line Philadelphia Pennsylvania

    I have been so impressed with not only the quality of service, but the punctual service and communication skills that I have seen through Keyrenter. I would absolutely recommend using Keyrenter.

    Kimber C., Satisfied Client

  • Property Management Main Line Philadelphia Pennsylvania

    Keyrenter is very organized. I have had several problems with my condo, and Keyrenter has been on top of everything. I can’t say enough good things about the company.

    Steve S., Satisfied Client

  • Property Management Main Line Philadelphia Pennsylvania

    I'm absolutely delighted with how easy Keyrenter made everything for me. From start to getting a renter into my house, it's all been convenient and simple. Great company, great service, great people!

    Lorrie M., Satisfied Client

  • Property Management Main Line Philadelphia Pennsylvania

    I've been a tenant with Keyrenter for the past 5 years. They have always been prompt in dealing with issues I've raised up and in responding to my requests for repairs and maintenance.

    Tadd D., Satisfied Tenant

  • PROVEN AND TRUSTED

  • Better Business Bureau Rated Key Renter Main Line, PA
  • Better Business Bureau Rated Key Renter Main Line, PA
  • Better Business Bureau Rated Key Renter Main Line, PA

Areas We Serve

Admore, Bryn Mawr, Devon, Drexel Hill, Upper Darby, Wayne, West Philadelphia, Wynnewood
  • Ready To Get Started?

    Send us a message or call us today (215) 586-8000

  • Schedule A Phone Call

    Contact Us Now

Contact Us

Hours

Keyrenter Main Line Property Management
30 N. 41st St. Suite 570, PMB #301
Philadelphia, PA 19104
Phone: (215) 586-8000
Monday 8:00 AM - 6:00 PM
Tuesday 8:00 AM - 6:00 PM
Wednesday 8:00 AM - 6:00 PM
Thursday 8:00 AM - 6:00 PM
Friday 8:00 AM - 6:00 PM
Saturday 8:00 AM - 6:00 PM
Sunday Closed

Locations

  • Keyrenter Main Line Property Management

Recent Posts

  • How Does Property Management Work
  • How to Avoid Bad Tenants
  • Why You Need to Do Tenant Background Checks

Follow Us

OTHER KEYRENTER LOCATIONS

Arizona

  • • Scottsdale

California

  • • Berkeley / Oakland
  • • Napa
  • • Sacramento
  • • Solano County
  • • Silicon Valley

Colorado

  • • Denver

Florida

  • • Fort Lauderdale
  • • Palm Beach

Illinois

  • • Chicago North

Maryland

  • • Annapolis

Massachusetts

  • • Boston
  • • Merrimack Valley

Oklahoma

  • • Tulsa

Pennsylvania

  • • Philadelphia (Main Line)

Texas

  • • Austin - North
  • • Austin – South
  • • Houston
  • • McAllen (S Texas)
  • • The Woodlands
  • • San Antonio

Tennessee

  • • Chattanooga

Utah

  • • Ogden / Layton
  • • Provo
  • • Salt Lake
  • • St George
  • • Tooele

Virginia

  • • Richmond

Washington

  • • Seattle
Copyright @ 2018 Key IP, LLC. All Rights Reserved | Privacy Policy | Terms | User Sitemap | XML Sitemap