Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Chris O.

Chris O. has started 15 posts and replied 69 times.

Originally posted by @Robert Gilstrap:

when I buy a 24 pack of paper towels at costco and a 48 pack of toilet paper and AA batteries and coffee pods, tide pods, dish soap, cascade pods, light bulbs, etc. then we just bill the owner for it (marked up slightly to account for our purchase and delivery) and then stock the supply closet on site with the supplies. When it gets low, rinse and repeat.

 that's a great idea for light bulbs and batteries to have on site. I'm trying to think what other consumables I'm not thinking of. 

Originally posted by @Robert Gilstrap:

Part of staying at the property is the obligation to take the trash out regardless of whose it is. If my trash provider went to every 2 weeks I would find another because thats ridiculous.

It's the city I live in that runs it, not an option to go elsewhere. Trust me, as a home owner I find it ridiculous as well (as do most of the populace it seems). While I'm all for the environment, this seems like a short sighted move by one of the town council members. 

Originally posted by @Nancy Bachety:

Note that in this current covid19 climate, best practice is to not leave any food/spice/condiment consumables. 

Good point

Originally posted by @Robert Gilstrap:

We just bill the owner for consumables as needed but we buy in bulk and store at the property in a locked supply closet then the cleaners replenish when they are there. 

We only do small hotel size conditioners, shampoos, etc. 

Anything that breaks we just bill the owner as it occurs.

How do you bill for the consumables if in bulk - just a flat fee per guest/fill up? 

Originally posted by @Robert Gilstrap:

Cleaners take the garbage to the road if they are there anytime close to garbage day even if it has to sit at the road for a day or two. Guests are reminded to get the can from the road the day after pickup and to deliver the can to the road the day before pickup. Still hard to get them to do it!

 Ever have an issue with a guest saying it's not their garbage to take out (i.e. last guest left some)? I'm picturing weeks where no one takes it out and I have to sort out what to do with it. Will be getting worse in the area I live in as they are moving to a 2week cycle for garbage pick up. Miss one cycle and it's a full month

Originally posted by @Gururaj Iyer:

basic things like toilet paper and kitchen rolls are placed by cleaners - limited quantity , dishwashing & laundry soap as well..depending on stay duration inventory can be arranged..  for shampoo and conditioners, my cleaners generally refill and place those miniature ones - although most guests bring their own .  For other things which run out , I generally order them in via Insta cart

Limited options here for ordering - but that makes sense - just get from Amazon delivered to my office and then take next visit rather than going to a grocery store as a separate excursion. Do you charge your owner for replacement sugar for example? 

Originally posted by @David Bergmann:

My preference is to have a set amount of consumable budget in the contract with the owner.  For example, $100 per month for consumables to cover all miscellaneous consumables during the month, which always would be invoiced to the owner each month.  It's too much effort to try and itemize receipts each month, especially if you are buying in bulk for multiple properties & owners.  I wouldn't personally cover any of the consumables out of my own fee, the fee just covers labor cost of purchasing & restocking the house, not the materials themselves.


I'm trying to go with an all in commission % with no ancillary charges (or at least bare minimum). Anything else I'm trying to make pass through - I don't want to eat the cost of the expanded consumables though.

I get your point though, especially when buying in bulk for multiple properties. Have to give this some more thought. 

Originally posted by @John Underwood:

Are you talking about being a licensed Property Manager so that you can legally manage someone else's property?

 no, I'm talking about managing short term vacation rentals that do not require a licensed property manager. Not sure if you are being cute with your response, but where I live at least, anyone can manage vacation rentals. Long term rentals require a licensed property manager. 

If you have garbage every week, recycling ever other week (or some combination) - what instructions do you give your guests in terms of taking the garbage to the street if it falls during their visit?

What about if you have 2 guests during one cycle (i.e. garbage pick up is Wed - you have a guest from Thurs-Sun, then another on Tues-Fri) - does the first guest just leave their garbage somewhere for the other guest to take out to the street later?