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Updated over 2 years ago,
PM wanting to start my own business
I'm a property manager working for a company in the Chicago area. I have one Condo deconversion under my belt and we're closing on another deconversion in the next few weeks. Currently I oversee $50-Million worth of assets.
My budget for this year was within 5% of NOI despite this crazy inflation, I've turned the building around from 40% occupancy to 92% occupancy in a matter of months. I over see the capital improvements and unit-level turns all while managing my tenants and vendors.
The itch to start my own portfolio and company is overwhelming. I have my brokers license, but won't be able to sit for a managing brokers license for another two-years.
Does anyone have any recommendations on how to secure cash for commercial loans or even any recommendations on how to advertise my skills via sweat equity?