Property Management newbie

[Southbourne]

Hello I'm new here (and fairly new to running my own business)

I’ve been running a small property management company (block management and private estates) for just over a year now. My career background isn’t in property, but after a couple of redundancies I decided to give it a crack based upon my own experience as a volunteer resident Director (so the frustrations of dealing with unscrupulous managing agents as a leaseholder had some benefit after all!).

I’m hoping to do a bit of networking (London and Dorset) and considering paid membership as I think it would be beneficial for me. I’d also be interested to hear about the experiences of other members as it’ll help to keep me on my toes.

OK, now you know who I am in case I decide to post at a later time.

Southboune

Reality Returns Property Management Ltd

 

[esscotti]

Hi Southbourne - I don't know what tools you use to manage your blocks but you might be interested in blockmanagementonline.com

It is a really cheap web service that helps reduce the hassle of managing blocks of flats and provides websites for the block or residents management company.

 

[Southbourne]

Hello Esscotte

Yes, I am aware of your service so your marketing is good!

At this stage I decided it wasn't something I wanted to use but I haven't ruled it out altogether. I'm using Kashflow for the accounting / financial reporting side (which I like and also use for my own business).

Southbourne

 

[My Owl 1]

Hi Southcote,

If I can be of any assistance with cost effective utilities and reduction of voids please do PM me.

best of luck with your venture.
Regards

Avril
Helping businesses and individuals to save and make money.

 

[Southbourne]

Hello Avril and thanks for your support.

However, I'm not that sort of managing agent. My business is actually looking after entire blocks of flats and small private estates on behalf of the resident leaseholders who each own a share of freehold (arranging their buildings insurance, liaising with accountant, gardeners etc.)

However, I will keep your details to hand in case I can refer someone on.

Thanks anyway!

Southbourne.

 

[PhilWarman]

Sounds a really useful service - you say you're arranging their buildings insurance, just be careful of regulation, you may need FSA approval depending on what you are exactly doing - just a friendly bit of advice

 

[Southbourne]

Hello Phil

Yes, I've done my homework there - but I'm also acutely aware the goalposts are forever changing (as is the commonhold act and matters pertaining to service charges etc.)

Good to know you guys look out for each other!

Thanks, Southbourne

 

[seanstevens]

Hi Southbourne, welcome to the forum.

 

[gritbinsales]

Hi Southcote

If I can help with Grit Bins or Grounds Maintenance please PM me.

best of luck

 

[BusinessIdeas]

Hiya Southbourne (some of us got the name right ) I am Gina and I run a training program for home collected loan businesses

 

[Wizard]

Hello and welcome to the forum

 

[Tanya Daye]

Hi Southbourne
Welcome to the forum.

I'm also new here and provide Business administrative and property management services in London.

 

[Emma Gray]

If you are thinking about starting your own property management company or looking to grow your existing business, you need to know that the right structure can really make a difference in positioning yourself for success.

Like any startup, you need to identify a need that clients will have; this is either a gap in the market (unlikely with property management) or an innovative way of offering the service or perhaps a specialized niche for a specific group of people.

 

[Scalloway]

Southbourne has not been seen here since 2013.

 

[DMZGroupUK]

I am also fairly new to Property management in Southampton. I already work Property Maintenance so have many years of experience already doing this. I am hoping this is a good move.

DMZ Group UK