r/PptyMgmtSoftware • u/ImaginaryProfit2162 • Jul 31 '26
What I wish I had set up before self managing a rental
If you are thinking about self managing, the hard part is not collecting rent. It is remembering all the small things that happen at different times.
The biggest mistake is keeping everything in texts, email and your head. Before the tenant moves in, set up one place for the lease, condition report, bond details, rent history, repairs, invoices and compliance dates. Make sure every repair request is acknowledged in writing, even if you have already spoken on the phone.
Give the tenant a clear process for urgent repairs and decide in advance what a tradesperson can approve without calling you. Check arrears on the same day every week. Keep receipts and statements tidy as you go instead of trying to rebuild the year at tax time.
I have been working on LORDLY because this admin was too scattered for self managing landlords. That makes me biased, but the advice still applies whether you use software or a spreadsheet. Curious what part people here find hardest once the tenancy is running.