How to Arrange Snow Removal for Income Properties

How to Arrange Snow Removal for Income Properties thumbnail
Arrange Snow Removal for Income Properties

When you have an investment property in an area that gets snow, you need to arrange for snow removal before it starts snowing. Otherwise you may not be able to find a company, you may be on a waiting list or you might have to do the work yourself. Read on to learn more.

Instructions

    • 1

      Prepare for bids. A bid is a written estimate of the cost. In order for snow removal companies to prepare a bid, you need to decide which areas you want cleared. Driveways, roadways, parking lots and entrances should be cleared. Removing the snow from sidewalks and roofs costs more; but it can save you from costly repairs and lawsuits.

    • 2

      Set a schedule for snow removal. The standard schedule for snow removal varies by company. Some companies plow every four inches of accumulation. Other companies plow once each day in the morning. The company you chose may require a confirmation call before they plow.

    • 3

      Consider what additional services you may need. If someone slips and falls on your investment property, the person can sue you. Taking extra precautions like sanding and salting sidewalks, walkways and stairs can prevent this and show you did everything possible to provide a safe area.

    • 4

      Determine where the snow should go. You may be able to pile the snow on the property. Depending on your area, there might be regulations or restrictions on the snow piles. Some areas require the snow to be removed and dumped in designated places like rivers or landfills.

    • 5

      Choose a company. Your decision for which company to use should be based off of the services they offer, the best bid given and payment arrangements. Some companies expect full payment or a down payment prior to providing service. Others may want a credit or debit card on file. You may also find a company willing to invoice.

    • 6

      Know how the snow removal company handles damaged property. Snow plows can tear up landscaping, crush driveways and chip walkways. As the owner of the investment property, you don't want to have to pay for these damages. Get an agreement in writing showing what the snow removal company pays for and how much it pays for damaged property.

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