MB354: Retire in 3 Years with This Deal Analysis Tool – with Matthew Amabile
Matthew Amabile was making decent money at his sales job, but not enough to afford his own place. Three years later, he quit his 9-to-5 at the age of 25 with real estate! Listen in as Matt shares the deal analysis tool that gave him the confidence to become a multifamily investor.
MB337: Collaborating with Your Property Management Team – With Nathan Ridgeway
Are you too hands-off with your property management team? Or too involved? What does a healthy relationship between property managers and ownership groups look like? Listen in as Nathan Ridgeway explains how to build a collaborative relationship with your property management company, striking the right balance between trusting your management team and verifying their performance.
I’m Thinking About Starting My Own Property Management Company (Maybe You Should Too)
Thinking of starting your own property management company? What’s the best way to do that? One of the things that we talked about internally, it seems like once every quarter, is should we create our own property management company? The reason we would ever want to do that is because there’s no such thing as […]
MB281: How to Scale a Portfolio of Mobile Home Parks – With Kevin Bupp
Scale is crucial to achieving financial freedom with real estate, regardless of the commercial asset class you choose. Today, Kevin Bupp explains how he is living the dream with mobile home parks, describing what it takes to grow a portfolio in this niche and why he committed to building his own property management company.
MB 254: A Hands-On Approach to Asset Management – With Daniel Simpson
In real estate school, we’re taught that the money is made when you buy. But that just isn’t true for apartment buildings, where the money is made in the execution! Today, Daniel Simpson explains how an asset manager guides the property management team in following through on ownership’s plan to increase revenue and reduce expenses.
MB 240: How to Get Unstuck & Get Into Action – With Matt Brawner
A lot of would-be multifamily syndicators get stuck, sometimes out of fear and sometimes because they want to plan every step of the process before they begin. But that’s not how entrepreneurship works! Today, Matt Brawner joins us to explain how to embrace the unknown and get into action to become successful real estate investor.
What Distinguishes Strong Operators From Weak Ones
“When the tide goes out, you can see who’s been swimming naked.” – Warren Buffet. Wall Street’s been hit hard by the economic slowdown, but here’s the thing… Multifamily investing isn’t immune. While it’s still a great bet for passive investors, there’s a key element to consider: Which operators are swimming naked?
MB 193: World-Class Property Management for Multifamily – With Tony LeBlanc
Should you self-manage your multifamily portfolio? Or is it better to outsource to a third-party? If you do choose to outsource, what should you look for in a property management team? Today, Tony LeBlanc joins me to describe the ideal investor-property manager relationship and offer ideas for driving additional revenue while decreasing expenses.
Before You Attempt to Manage Your Own Property, Answer These 5 Questions
One result of having the mindset of entrepreneur is that you should not do all of the work yourself, but instead surround yourself with an awesome team and delegate. In particular: Don’t be a PROPERTY manager; be an ASSET manager instead. What’s the difference? If you’re the property manager, you are the manager. If you’re […]
11 Best Practices to Follow for Peak Rental Portfolio Performance
In my article “3 Key Lessons for Avoiding The Dark Side of Passive Income,” I make the case that no investment is or truly should be passive. The same goes for managing your rental or apartment building portfolio. While you don’t need to be involved on a day-to-day basis, you need to establish a rhythm […]