How to Utilize Daily Deals Sites to Cut Costs on Rental Property Maintenance

Posted in Blog  
  on Dec 01, 2014

Coupons, discounts, and online deals from sites such as Groupon (coupons here), Amazon Local, Living Social, and others aren't just for restaurants and massages. As a landlord trying to manage a property or two, you know how expensive some services can be. The companies who offer big discounts on daily deals sites want to win new business and understand that a coupon can often get people in the door for the first time. Their service and attitude will be what wins your loyalty and repeat business.

How the Sites Work

For many of the online daily deals sites, you must purchase the deal before you can use it. Most sites require a minimum discount to be offered -- 40 percent or more in many cases -- and discounts can be as deep as 90 percent for some sites. Often, the business will require that a certain number of deals or coupons be purchased before the offer is active and available. As these daily deals sites become more popular, this minimum is often reached within minutes of an email going out or a deal going live. There may be a maximum number of deals that can be purchased, as well.

When purchasing from a daily deal site, you need to keep two expiration dates in mind. The first is the date when the deal will no longer be available. If you sign up for the emails and see an offer you want to use for one of your properties, don't wait too long or the offer may be gone. The second expiration date is the time frame you have to use the offer. Make sure to read that information carefully prior to purchasing, and remember to plan accordingly.

Types of Services

You're probably familiar with spa, salon, restaurant, and scuba diving offers, which tend to be the most popular. However, there are other companies who discount their services; these discounts can help you save money when managing your properties. Take a look at some services found through the different daily deals sites:

  • Carpet cleaners
  • Housecleaning
  • Lawn services
  • Pool services
  • Air conditioning and heating services
  • Plumbers
  • Power washing
  • Garage door services
  • Oil changes and car maintenance -- This is great if you spend a lot of time driving to and from properties
  • Photography -- Photography services are good if you have a new property to market and you want to have professional pictures taken

It is possible that you could get a property ready for rent or maintain a property all through online daily deals sites. Just remember to keep an eye on those expiration dates.

Conclusion

You rent properties to make an income, and there is nothing wrong with using these sites to find the best price available to maintain and repair your rental properties. You might find a company that does a great job for you and is dependable enough that you won't mind paying full price for their services. Either way, daily deals sites will help you save money and hopefully find new businesses to assist with the care of your rental properties. If not, you can always try a new company with a new daily deal and keep saving money.

 


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