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Do you have a vendor matrix for your rental properties?

Central Valley Rental Properties - 3 Questions You Should Be Asking Yourself

There’s nothing worse than needing repairs or emergency service at your rental property and not knowing who to call. Thankfully, having a vendor matrix will eliminate any confusion when it comes time to hire a service company since you will already have created your list of vendors in advance.

Vendor Matrix Defined

A vendor matrix is your go-to-guide for who you plan on calling when repairs or maintenance is needed for your Lathrop Rental Property.

When creating your vendor matrix you should have someone to call for all major and minor categories of maintenance including:

  • Air conditioning
  • Appliances
  • Flooring
  • Plumbing
  • Heating
  • General contracting
  • Roofing
  • Landscaping.

During the process of creating a vendor matrix you should qualify vendors by calling them personally, search online for feedback about their business and reach out to past clients (if possible) to ask about the quality of their service.

You should also have vendors fill out insurance documents / paperwork and make sure they are bonded and licensed.

Don’t Forget To Create Backup Vendors!

As you’re creating your vendor matrix add back-up vendors which you can contact immediately should your primary vendors raise their prices, or not be available at a moment’s notice, when you need to use them.

Having a vendor matrix of companies you can trust for maintenance will save you time, money and the hassle of having to search for a vendor when you need someone immediately.

This will also insure that your Lathrop Rental Property continues running smoothly for years to come.

Get Professional Management Here 

Save the time, money and hassle of managing your Rental Property yourself. Contact us today to learn more about our affordable property management services and how we can help you to smoothly run your portfolio of rental properties.

 

No time to manage your rentals yourself? Contact us today by calling (209) 572-2222