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Updated almost 6 years ago on . Most recent reply

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43
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13
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Scot Sorenson
  • Minneapolis, MN
13
Votes |
43
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I'm Taking Over Management

Scot Sorenson
  • Minneapolis, MN
Posted

Hi Everyone. I have decided to take over managing my SFH rental from my seemly very lazy property manager. I had told him to implement a 60 day notice last year which he did not. I asked him to call and let me know of issues considering his plumber was over every month gouging me on very simple repairs that the PM could of easily handled and was part of our original agreement. After requesting these 2 things my PM called me and told me my expectations were to high. This seemed pretty basic and easy. So we decided to part ways and I will take over now that I'm in the area again. Any advice? I am planning on going with Cozy to help. The only complaint I have really seen is they take a couple days to a week to pay. Not an issue for me. I'm use to being paid on the 15th of the month. I am currently looking into the BP leases anyone got any input on them? Should I look elsewhere? this rental is in Minnesota. The same renters I had are staying and seem to be pretty good. Thanks for any input. I feel like this will be a little stressful but a good step forward for me.

Most Popular Reply

User Stats

919
Posts
911
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Alan Grobmeier
  • Rental Property Investor
  • Phoenix, AZ
911
Votes |
919
Posts
Alan Grobmeier
  • Rental Property Investor
  • Phoenix, AZ
Replied

@Scot Sorenson, I use chase quikpay for receiving rents.  It’s instantaneous.

I use home warranties as my first line of defense against repairs.  It also keeps me out of the ‘loop’.  

Hope that helps.

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