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!


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