Propert Management Checklist

[Laurence Whittam]

Hi Everyone,

I am a new member & investor and would like to know if anyone has a good resource or checklist for property management and portfolio management.

I want to keep everything organized as I am sure there is a lot to maintain.

Any help is greatly appreciated and referrals to a handyman in West Orange, NJ if you have one too!

Looking forward to connecting.

[Nathan Gesner]

@Laurence Whittam I don't think it needs to be anything too complicated until you scaled up to a large number of properties. I used to use an Excel spreadsheet that had weekly tasks, monthly tasks, and annual tasks. My weekly tasks were minimal with things like following up on work orders. Monthly tasks would include collecting rent or driving by the property for an exterior inspection or scheduling a 3 month or 6-month inspection. Annual tasks would include sitting up or winterizing the sprinkler system, cleaning gutters, etc. Break these tasks out on a spreadsheet that you can look at on a regular basis as a reference. For certain tasks, I recommend sitting a reminder in your calendar (paper or electronic) to help you keep track. For example, I haven't noticed that pops up the first week of September that reminds me to contact the sprinkler company to have my sprinklers winterized. I contact them a month in advance because I know they get really busy and to take a while to respond.