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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