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: Account Closed

Account Closed has started 1 posts and replied 3 times.

Post: The perfect property manager

Account ClosedPosted
  • San Francisco, CA
  • Posts 3
  • Votes 0
Originally posted by @Elizabeth Colegrove:

I self manage including long distance. That being said, while I love  self managing. I got started out of disbelief over price. I manage now because I there is no middle man, I can manage the way I want to. 

You are correct there is alot of ways to automize the process. Just make sure you figure out your cost systems.

FYI, if you are going to manage in California. There is "stiff" rules to getting your broker licenses in order to be able to manage houses! Just an fyi ;0

Personally if I was "skilled" in computer programing (which is "far" from my speciality). I would look at offering a better support system for long distance managers. 

 Thanks, Elizabeth!  This is very helpful.  Yes, if I were to own real estate, I would undoubtedly self-manage as well.  What, with all of the various service marketplaces out there, it's easier than ever to do just about anything to help a tenant out -- hire contractors, collect rent, etc. etc.  

What would you say is missing from your long distance management experience?

Post: The perfect property manager

Account ClosedPosted
  • San Francisco, CA
  • Posts 3
  • Votes 0

Agreed - some of the software solutions out there for property managers are indeed impressive!  My question isn't so much about competing with them, but rethinking other aspects of property management.

For example -- it's 2am, and the tenant discovers a leak in the toilet.  The tenant opens an app on their smartphone, snaps a picture of the leak, types in any information they can, and sends it off.  Algorithms parse all of that information and, if such incidents are pre-approved  by the owner, submit requests for quotes from various plumbers.  Depending on the owner's preferences, the highest rated or the cheapest plumber is selected and sent over right away.  

Would this be helpful?

Post: The perfect property manager

Account ClosedPosted
  • San Francisco, CA
  • Posts 3
  • Votes 0

Hi there!

I'm a software developer based out of San Francisco who has recently become interested in property management.  More specifically, I think it might be possible to use technology to build a more modern property management company. 

For you owners out there -- what do you care about most in a property management company?  What do you care about least?  Any ways you think the industry could be improved?

For those of you that don't use a property manager -- why don't you?  What would have to change in order for you to consider using one?  

Looking forward to hearing what you have to say!