Mike Taravella discusses the importance of engaging with your property management team
Key Information:
- Before you buy the deal, make sure you align with the team and set expectations.
- Make sure the PM understand the business plan and expectations
- Deep dive on key performance indicators (KPI) – Make sure both sides understand what the KPIs are and why you look at them
- Reviewing the budget monthly and making sure you are in line. Continually improve the budget!
Pro tip: Read the book Traction by Gino Wickman!
Contact: MikeT@RANDCRE.com
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