Property Maintenance Service

Provide ongoing property maintenance for rental properties and landlords handling repairs, upkeep, and tenant requests as maintenance contractor

Startup Cost
$8,000-$25,000
Difficulty
Intermediate
Time to Profit
3-6 months
Profit Potential
$7,000-$25,000/month

Overview

Property maintenance services work with landlords and property managers providing ongoing maintenance for rental properties - handling repair requests, preventive maintenance, property inspections, and keeping rentals in good condition.

You serve as maintenance contractor for property portfolios.

Monthly retainers range from $200-$1,500 per property or hourly at $50-$100 plus materials.

Managing maintenance for 20-50 rental properties generates $90,000-$300,000 annually with 50-70% margins.

Target clients include landlords with rental portfolios, property management companies, multi-family apartment buildings, HOAs and condo associations, vacation rental owners, and real estate investors.

Services include routine maintenance and inspections, tenant repair requests, preventive maintenance, turnover repairs between tenants, emergency repairs, and vendor coordination.

Success requires broad handyman and repair skills, responsiveness to property manager needs, working within property budgets, maintaining relationships with property managers, potentially offering 24/7 emergency service, and coordinating subcontractors for specialized work.

Many property maintenance services build recurring relationships with property managers handling all maintenance for portfolios, offer monthly retainer packages versus per-call billing, potentially specialize in multi-family or single-family rentals, hire helpers to scale across more properties, use property management software for work orders, and build reputation through quick reliable service.

Required Skills

  • General Maintenance
  • Repairs
  • Property Management
  • Customer Service
  • Time Management

Pros and Cons

Pros

  • Recurring revenue from property portfolios
  • Steady work from property managers
  • Can scale with additional properties
  • Variety of maintenance work
  • Build long-term client relationships

Cons

  • Tenant issues and emergency calls
  • Working within tight property budgets
  • Need broad maintenance skills
  • Potentially on-call for emergencies
  • Vacancy periods reduce maintenance needs

How to Get Started

  1. Develop broad maintenance and repair skills
  2. Invest in tools and work vehicle
  3. Get business license and insurance
  4. Market to property managers and landlords
  5. Build relationships with property management companies
  6. Offer responsive reliable service
  7. Consider monthly retainer packages

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