All Forum Posts by: Account Closed

What are some plan Bs or contingency plans you have set in place for yourself? My property management job is the result of a situation where life or Health events took over and I had to step in for my parents. I believe in working smarter not harder. A few years of this to get things in line. But in the end will want to hire property managers and automate as much to reduce busy work to focus on maximizing assets and profit.

How have people balanced work and life. Especially with a young and growing family? I see that many go into Property Management for its flexibility of hours. But can find themselves working like mad at times or have a lot of downtime. It's chaotic but part of the job and allows me to take advantage of down time or slow weeks. I am a property manager of two buildings. One is residential and one mixed use. Both have some large deferred maintenance. I'm faced with the argument within my business, which is a family business, of what defines 100%. Is it time put in vs performance as a measure of value for the job. I do act as the 24/7 on call emergency contact, I handle and negotiate leases, schedule maintenance, and anything else to do with property management. I'm on site few times a week, I don't take vacations, I'm always taking calls or on my smart phone. I do have a super that does the dirty stuff but he does not speak English or drives a car. if something is needed and I can tackle it I will. I'm arguing that my performance is worth it vs how many hours I put in a week. Anyone with a young family can say "if didn't have a wife and kids I'd have more time" but I am not going to throw my wife and kids under the bus. Thoughts? Thank You

Does anyone have a damage and repair price list for student renters? I rent out in Boston and don't have enough experience to price out a list of things. I'd like to compare or at least see what most people price out these things. I read it varies depending on the area of the Country but I feel it shouldn't be that far off. Thank You Justin L

Looking for a highly professional reliable and fair priced commercial roof contractor. Anyone have any reliable companies? It is only about 2300 sq feet of roof top. It's a Flat roof looking for a good epdm system thank you Justin

Looking for a highly professional reliable and fair priced commercial roof contractor. Anyone have any reliable companies? It is only about 2300 sq feet of roof top. It's a Flat roof looking epdm system thank you

Looking for a highly professional reliable and fair priced commercial roof contractor. Anyone have any reliable companies they have used? My building is about 2300 sq feet of roof top on top. It is a flat roof and looking for epdm system. Thank You

I have inherited a mixed use building. It's been a challenge as things were done in a very non conventional manner. Tenants speak mostly Chinese. Trying to digitize admin, do some modernization but overall it's an old building. Trying to figure out code compliance but don't want to start asking the inspectors for advice. Anyone know of consultants that are honest, ask for a fair price and can give good advice? Thank You

I took over managing a building in Downtown Boston and I have a major issue with drug users loitering and using in my building. They leave drug paraphernalia and today a needle! I can only think to install a buzz in system which might be very expensive, unless anyone has done it in expensively for a 7 floor commercial/residential building? Or hire a security guard. I took out hallway doors and considering adding more lighting to make it less likely for someone to hide in the stair wells. We have cameras but they ignore them. Calling the cops every day seems like a huge waste of time. Anyone have any helpful ideas? Greatly appreciated.

Anyone know an installer of building access systems. Pin code and electric door magnet or strike (aka keyless systems) looking for Ada compliance. Egress that uses infrared or request to exit buttons etc. I'm in Boston. I see a lot of diy kits or going through AFA or Protection 1. What would I expect to spend?

I am a newbie and will be training to landlord two buildings in my family owned real estate business. From what I see are problems and I don't mean to throw people under the bus but here are things I would list as landlord problems 1. Unclean appearance in entrance, hallways, stairwells and any area where people or tenants must see or share daily. 2. renting under market in a prime location to fill vacancies 3. Not paying yourself or setting aside in your budget a personal salary. In case of illness or ability to work. 4. Not factoring in major property expenses down the line. Too much reaction spending and not enough planning for the worst. 5. Doing all the work yourself and not hiring professional help. Takes more time to figure something out or mess up and repair then to just call someone to fix it. Familiarizing and doing a few jobs yourself is fine but it takes up too much personal time. 6. Not screening tenants properly 7. Too many tenant at will leases? Maybe it's appropriate sometimes. 8. Not taking personal time/ separating work and personal life. A landlord is on call but boundaries need to be established. 9. Details and aesthetics matter. Even if it is barebones renovations. Maybe that is a personal pet peeve.