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Rainmaker
3,331,523
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I did both, once upon a time i had a full time mainteance man, but now without enough steady work, i hire out to those who are trusted to do the work, charge the correct and fair amount and do a good job

Apr 13, 2017 05:26 PM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

We added at 100 rentals and will hire a second at 180, and will add more as we hit 300. We do use private contractors we have set up for maintenance.

Apr 13, 2017 05:23 PM
Ambassador
3,756,255
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

My Property Management Company that I use has three employees and a husband and wife that are management.  They do use different vendors and handyman...

Apr 13, 2017 06:31 PM
Rainmaker
2,641,802
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Outsoruce on maintenance unless you get very big. Hire when you are putting in long hours and multi-tasking and not before. Math governs all

Apr 13, 2017 06:23 PM
Ambassador
3,986,710
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I am going to weigh in on this topic. When I opened my own company, the receptionist and I handled the property management side for about a year. As it grew it was a time sucker and took me away from other broker duties  and I had to hire a full time property manager. We never had in-house maintenance but think that is a great revenue stream and a good fit.

Apr 13, 2017 05:46 PM
Rainmaker
4,211,575
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Always had a property manager and added as the volume increased. Used outside maintenance for the volume we handled.

Apr 14, 2017 01:18 AM
Rainmaker
1,231,002
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

I've never grown big enough to warrant it. I outsource all my needs as they are random and I manage the business.

Apr 13, 2017 08:50 PM
Rainmaker
3,985,875
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I have yet to do so

Apr 13, 2017 08:11 PM
Ambassador
2,571,057
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

     I know a manager who runs student apartment complexes (FSU) that incur a lot of damage.  She has a guy on staff.   I know another manager who does quads and single families for investors; she hires vendors and handymen, and bills it to the owner.

Apr 13, 2017 07:39 PM
Rainmaker
1,231,599
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Delegate as needed keeping bottom line at forefront.  Good luck

Apr 13, 2017 05:34 PM
Rainmaker
2,024,100
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

How about a Shower ?

Apr 13, 2017 05:05 PM
Rainmaker
4,939,680
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Would not touch property management with a ten foot pole.

Apr 16, 2017 08:08 AM
Rainmaker
5,588,400
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

What Joe Pryor suggested, we would do the same. A

Apr 15, 2017 08:44 PM
Rainmaker
919,873
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

I no longer do rental mgmt but when I did I outsourced everything - having paid employees standing around doing  nothing just bothers my wallet... a lot!

Apr 14, 2017 12:49 PM
Ambassador
3,056,596
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I applaud anyone and everyone who does property management. I handled unlawful detainers back in the day when I worked as a paralegal.  That was enough for me. 

Apr 14, 2017 07:56 AM
Rainmaker
5,571,923
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

the only properties I've managed were my own.... all 23 units and I've sold off all except one single family home that I use for family ONLY....

Apr 14, 2017 07:22 AM
Ambassador
952,922
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

In 2004, I was faced with a decision. I chose to sell off several units and stay small. 

Apr 14, 2017 07:17 AM
Rainmaker
4,799,501
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

When you can no longer handle the business you have, it's time to hire or outsource.

Apr 14, 2017 06:01 AM
Ambassador
1,616,354
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

I will hire an assistant once I hit 200 units. I outsource all maintenance but will bring inhouse once I hit 400 units.

Apr 14, 2017 05:59 AM
Rainmaker
6,607,784
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I began with a full time employee. When I opened my first office, I used part time fire fighters as my maintenance people. 

It is more efficient to manage apartment communities with over 100 units so you can justify on site personnel.

Apr 14, 2017 05:19 AM
Rainmaker
1,639,986
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West - Carlsbad, CA
Presence, Persistence & Perseverance

When we did property management, I was completely hands-on, since I felt that others did not possess the invertment in each project that I had. Hope this helps!

Apr 14, 2017 05:08 AM
Rainmaker
3,069,984
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

An area I have avoided so far

Apr 14, 2017 04:55 AM
Rainmaker
4,118,913
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Sorry... can't help you out here...

Apr 14, 2017 03:42 AM
Ambassador
4,312,759
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Christine Kankowski Temecula & San Diego - A year prior to the time when we feel that we can not handle the current workload.

Apr 13, 2017 11:19 PM
Ambassador
5,409,720
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

I think that I had employees within a few months of starting the business back in the 80's, pt at first then full time later.

Apr 13, 2017 09:38 PM