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237
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90
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Tracy Thielman
  • Lender
  • Albermarle, NC
90
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237
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What's One System You Wish You Had Implemented Earlier?

Tracy Thielman
  • Lender
  • Albermarle, NC
Posted

What's One System You Wish You Had Implemented Earlier?

Whether it's tenant communication, maintenance tracking, rent collection, or inspections—what process has saved you the most time as your portfolio grew?

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99
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44
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Giuseppe Cavucci
  • online
44
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99
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Replied

Mine would be tracking expected replacement timelines on major systems from day one, roof, water heater, HVAC, appliances. On my first couple properties I didn't write down install dates or expected lifespan anywhere, so everything felt like a surprise even when it really wasn't, the roof didn't fail out of nowhere, I just never wrote down that it was 22 years old.

Once I started logging install dates and rough useful life per asset, it turned into something I could actually plan a monthly reserve around instead of reacting every time something broke. Wish I'd started that on property one instead of property four.

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