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Updated over 10 years ago,
What are factors in deciding how to manage your PM *information* ?
I'm trying to get a better understanding of what the most significant pain points are for DIY (do-it-yourself) property investors. That is, those of you who own rentals and manage them personally (as I do).
Some questions I have so far:
- why are you a DIY owner instead of using a PM company? Is it only because of cost savings?
- what is your method for keeping track of all of your asset/task information (buildings, tenants, leases, listings, repairs)? Excel? Paper files? Software X?
- how did you choose the method above? What do you value most about your particular choice?
- what other things do you have to keep track of regularly as it concerns your rental business?
Any other things I should consider? Thank you for sharing your insights.