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Hmm, that leads to a really interesting business idea (if it doesn't already exist). The reason a building can have a super is because there's scale. You only r
by rafiki6 7y ago
Hmm, that leads to a really interesting business idea (if it doesn't already exist). The reason a building can have a super is because there's scale. You only really need 1 super to deal with multiple units and overall building issues. Why not start a business where people pay a small monthly subscription fee (effectively as some kind of insurance premium), where a service person can come fix their home issues? This wouldn't be much different from renting an apartment but the key is that with renting your rent includes a portion the landlord should be reserving for maintenance and to pay the super/property manager. This would be the same as condo maintenance/strata fees basically. For major repairs, it's the same thing as being a landlord/owning a condo. Most the time major repairs aren't covered in fees, and you should have a reserve fund. Maybe this business can actually manage that for you and leverage scale of having multiple homes.
- secabeen 7y agoTransportation time/costs. Supers work because they are in the building (generally), and can respond quickly and be efficient in handling multiple simultaneous issues. What you describe does exist, it's called property management, and they generally take some %age of your rent.