Diy time management

[Joey D.]

I have a question for all diy 3 to 5 unit owners.  How much time are you spending at your multi family unit per year doing maintenence and property management.  I've looked at 3 deals so far that the numbers didn't work out for me.  This week I'm looking at a 3 unit with a little better return,,,,, but,,,,, the last figure I need is my time.  This will be my first property that I will be doing 90% of the work myself.  I have most of tools and knowledge and even some of the material (leftover pipe fittings, wire, recepticals). Also, this property is not a rehab, just us typical 30 year old 3 flat.  Thanks for any input.

[Michael McCartney]

For my 1 property (3 units) I spend about 1 hour every two weeks doing yard work but that will be less now that winter is coming and the grass does not grow as much. As far as repairs I would say every 2-3 months I spend maybe half a Saturday fixing minor things that probably is the tenants responsibility but I usually just do it to keep everyone happy.