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Updated almost 4 years ago,
- Investor
- Albuquerque, NM
- 220
- Votes |
- 275
- Posts
Choosing Good Handymen & Maintenance
Boy oh Boy if choosing Good Handymen & Maintenance isn't a full time job, I don't know what is. One of the biggest challenges in property management is managing the upkeep and turn overs of vacant units as well as occupied units. I'm celebrating my 1 year anniversary of our Property Management company on April first and I can honestly say, I had no idea what I was in for on this front.
We started last year with my own 4 plex and a 16 unit complex. Today, we've grown to 63 units (by mid May - 2 properties are under contract currently with buyers). As we grow finding reliable and trustworthy people has been a challenge. I've had great talent that took a full time position with a friend (I made the recommendation). I've had a couple of alcoholics who showed up late or never. I've had promises without delivery. I've had guys look at an obvious flaw in their work and not see it as I pointed it out - still wanting to be paid of course.
Amazing how much time and energy it takes to oversee and manage all this as we are growing. We finally found a great team that I'm going to do everything we can to keep. Eventually, we'll get to the point that we'll be able to hire a full time maintenance staff. These are the growing pains.
What are some of your experiences out there and how did you overcome them while you were managing a smaller portfolio?