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Updated over 8 years ago on . Most recent reply

Todd Wade's profile image
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Todd Wade
  • Investor
  • from London, London
  • Member since Feb 4, 2015
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Todd Wade's profile image
Todd Wade's profile image
Todd Wade
  • Investor
  • from London, London
  • Member since Feb 4, 2015
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Todd Wade
  • Investor
  • London, London
2
Votes |
6
Posts
General Landlording & Rental Properties

Out of country investor seeking property managers advice

Todd Wade
  • Investor
  • London, London
Posted

Hi - I have several properties in Salt Lake City.  I would like advice from other landlords in working with property managers remotely.  What is the amount that you give the property managers to make repairs before asking for your approval?  Any other type of guidelines you would recommend?  Thank you in advance.

Todd

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Robert Melcher's profile image
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Robert Melcher
  • Residential Real Estate Broker
  • from San Antonio, Texas
  • Member since Feb 3, 2016
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Robert Melcher's profile image
Robert Melcher's profile image
Robert Melcher
  • Residential Real Estate Broker
  • from San Antonio, Texas
  • Member since Feb 3, 2016
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Robert Melcher
  • Residential Real Estate Broker
  • San Antonio, TX
310
Votes |
506
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Robert Melcher
  • Residential Real Estate Broker
  • San Antonio, TX
Replied

My agreement has a $250 reserve.  If any vendor thinks the job will exceed what I budget in their work order, they have to get approval before doing it, or I don't pay the overage.

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