Lawn and snow care splitting

[Travis Duehr]

Hey all,

So I recently purchased a fourplex that shares a parking lot with another fourplex owned by a different investor. Trying to save on expenses, I am considering reaching out to this investor to offer sharing snow removal and sharing a dumpster versus both of us paying individually for our own services.

My question is, would this be a recommended thing to do? I understand that he would technically be direct competition in the area as our buildings are very similar. I am a new landlord and am unsure if this would be a 'rookie' thing.

Any input would be great!

Thanks!

Travis

[Leo Apostol]

Check with your insurance regarding snow removal. You may need someone on contract for liability reasons. The contractor may need this on paper also for the same reasons.

I had problems just getting tenants at an old duplex to share small recycling bins, so I forsee issues with dumpster sharing. What happens if your tenants or their tenants use more than 1/2? Who monitors and enforces this?