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Updated about 6 hours ago on . Most recent reply

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Justin Bul
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Managing without a property manager

Justin Bul
Posted

BiggerPockets, 

I am in the midst of the counter-offer process on an acquisition of a SFH in Southern Kentucky. Due to scale, I am not currently looking to place this property under third party management. Having said that, how do you structure the simple things like mail delivery? Do you simply list the mailing address for all applicable utilities and services to your out of state business address and hope nothing slips through the cracks?

Also, anyone in that region have any suggestions for the infrequent but sure-fire need for shoveling/salting services when the need arises? Any company I've reached out to so far simply won't touch the project based on the once-in-a-while nature of accumulating snow. This property would be used as a mid-term rental, so all utilities and services would essentially be baked into the monthly cost.

Thoughts?

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Stuart Udis
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Attorney
  • Philadelphia
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Stuart Udis
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Attorney
  • Philadelphia
Replied

I would be surprised if there's utility companies out there at this point who don't offer email/paperless statements. The question I want to throw back at you is this: No snow removal company is willing to perform the services or the fees they propose are higher than you would like to pay? I am sure there's plenty of landscaping companies looking to stay busy in the winter months. Remember you are paying for reliability, a contract and additional insurance requirements.....The ability to shift risk in the event of a slip and fall is the most important aspect of hiring snow removal vendor. 

  • Stuart Udis
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