Self Managing Process

[Ty Johnson]

For those who self manage their properties, how are you keeping track of the dates of your properties' CapEx projects (ex. roof replacement), minor repairs that you've had completed, and planned repairs for next time the unit turns over?

Spreadsheet?

[Becca F.]

@Ty Johnson

Excel spreadsheet for my self-managed property. You might laugh but I'm a notebook and pen person and I actually wrote out my repairs, what I paid to the contractor, window repair etc on paper. Not a most efficient way to keep track of my books and if I ever get audited by the IRS I'll be handing them a file folder full of paper. I'm putting everything in spreadsheet now.