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Updated over 4 years ago on . Most recent reply

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Paul Witte
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Managing night/weekend/vacation-time calls

Paul Witte
Posted

Question for self-managing landlords:

I'm just getting started managing rentals.  To me 10% of rents to PM seems like it would be a weight off my shoulders, but I also have trouble justifying the expense for the limited amount they do when things are going smoothly.  Probably I'll use a property manager, but as I look further into the future and consider self-managing, I'm curious: how do you keep tenant and building issues from intruding into every area of your life?  Most things can wait or systems can be set up to only send/receive messages during business hours, but what about when you're away for a while or an off-hours emergency comes up?  

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Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
  • Investor
  • Shelton, WA
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Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
  • Investor
  • Shelton, WA
Replied

@Paul Witte emergency calls at off hours are so rare that I tell my tenants to call a plumber, electrician, whatever if it is such an emergency that it can't wait till morning. They never have.

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