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How to Work with Your Property Manager

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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About Jake & Gino

Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company. They control over $250M in assets under management. They have created the Jake & Gino Premier Multifamily Community to teach others a simple three-step framework for investing in multifamily real estate.

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