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Updated almost 9 years ago on . Most recent reply

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216
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Mark Smith
  • Schaghticoke, NY
57
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216
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Self Managing

Mark Smith
  • Schaghticoke, NY
Posted

I am brand new to real estate investing (I don't even have a property yet!).  I would really like to self manage to save money, and I think I have the ability to.  My father and I can take care of plumbing and electrical issues, but I'm also considering things like mowing the lawn and even snow removal as I live in upstate New York (about a half hour north of Albany, just to give some perspective).  What happens when I have 5-10 properties one day?  Am I spending my time mowing 5-10 lawns every week?  And when it snows...should I be considering a plow for my truck?  How do you all handle these situations?  Do you hire a lawn care company in the summer and have people bid on a plowing contract in the winter?  I just want to know what to expect once I become a landlord.

Thank you!

Most Popular Reply

User Stats

171
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61
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Rick C.
  • Rental Property Investor
  • Collingswood, NJ
61
Votes |
171
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Rick C.
  • Rental Property Investor
  • Collingswood, NJ
Replied

Agreed with @Christopher Oliver.

One way to avoid having to plow and mow the lawn is to purchase a single family (assuming the numbers work in your market) and make the tenant responsible for those tasks.

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