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Updated over 1 year ago on . Most recent reply

User Stats

7
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2
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Jeff Martino
  • Greater Seattle Area
2
Votes |
7
Posts

"On-call" property management for weekends, vacations, etc.

Jeff Martino
  • Greater Seattle Area
Posted

I'm searching for a multifamily property to househack at the moment and this is a question that's been on my mind. I see the benefits of managing your own properties at least in the beginning of your investing journey - learn a lot, save money, build handyman connections, etc. I would like to manage my own units if possible. However, in my free-time, I really enjoy going on trips with my family in the mountains where there isn't always cellular service. I know there is some aspect of "always being on-call" when you manage on your own properties, but is there anyway to have the best of both worlds? The best solution I have currently is creating a Google Voice call-forwarding system that would forward issues to a designated person that I know will be free (i.e. a willing family member like my dad). Any advice on systems that you all set up at the beginning of your journey would be extremely helpful. Thank you in advance!!

Most Popular Reply

User Stats

757
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1,040
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Julien Jeannot
  • CPA, Real Estate Broker & Investor
  • Seattle & Woodinville, WA
1,040
Votes |
757
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Julien Jeannot
  • CPA, Real Estate Broker & Investor
  • Seattle & Woodinville, WA
Replied

I've never ran into an emergency my tenants could not handle without my input for a few days.

Nathan is spot on:

1. Train the tenants. During the initial walkthrough and via a welcome document: here are the ins/out of house operations.

2. Provide the emergency contacts.

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