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Sylvester Hardison
  • Rental Property Investor
  • CA
18
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28
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Managing your own Property from Out-of-State...thoughts?

Sylvester Hardison
  • Rental Property Investor
  • CA
Posted

I’m looking for some feedback from anyone who uses RentRedi to manage rental properties out of state.

I currently use RentRedi for a rental property where I live and have had a good experience with it. I’m now considering using it to self-manage an out-of-state property instead of using a traditional property management company.

For those who are doing this, how has your experience been? I’m especially interested in how it has been using the maintenance portion of RentRedi for regular maintenance and emergencies.

Has RentRedi worked well for you as an out-of-state landlord? What other services or systems do you use alongside it to make remote management easier?

Any experiences, recommendations, or lessons learned would be appreciated. Thanks!

Most Popular Reply

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Benjamin Sussman
  • Investor
  • San Diego
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Benjamin Sussman
  • Investor
  • San Diego
Replied

@Sylvester Hardison your follow up already answered the leasing question, so I will build on it rather than repeat it. @Adam S. made the point I would have led with, that a vendor you are not already feeding work to will not pick up your 11pm call, and @Jimmy Lieu is right that the local vendor network is the real product and the software is just where it gets tracked.

Two things I would add that have not come up yet.

The first is that the local company doing your showings and move ins is probably not the right party to own your condition record. Showing agents get paid per visit and have no stake in what the unit looked like on day one. Move in and move out documentation is what decides every deposit dispute you will ever have, so give whoever does it a written checklist, require timestamped photos of every room including inside cabinets and appliances, and keep that set in your own storage rather than leaving it in someone else's account. I run units in two markets and a thin move in record is about the most expensive mistake available to a remote owner.

The second is the emergency definition. Remote means you cannot walk over and look, so the tenant's description is your entire input. If you have not written down what counts as an emergency and handed it to them at move in, everything arrives as urgent and you end up dispatching on vibes. Health and safety, no heat, no water, active leak, lockout. Everything else is next business day. That one page saves more money than any feature in any app.

On Adam's point about staying in a vendor's rotation, the mechanic that works for me is batching. Keep a running list of small non urgent items and send them out quarterly as a single visit. It costs less per item than one off calls and it makes you a recurring customer instead of a stranger calling at midnight.

I would also build all of this now, while the out of state unit is occupied and calm, rather than during the first vacancy when everything is on the clock.

Is the out of state property currently tenanted, or are you taking it over vacant?

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