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Updated about 2 years ago,

User Stats

6
Posts
5
Votes
Darryl Bull
  • Waldwick, NJ
5
Votes |
6
Posts

Is a good property manager the first team member you should find?

Darryl Bull
  • Waldwick, NJ
Posted

Hi everyone - A lot of what I am reading says that a property manager is one of the most important team members to find first for the following reasons:

- They are usually connected in the local community and can make intros.

- They likely have "boots on the ground" experience and knowledge of local labor costs, operational costs, rent potential, regulations, and property histories.

- They can be a great check and sounding board on the financial projections and value add analyses that you do.

Do you agree with this?

What else should I have included in why they make a great first team member (or not)?

Happy Thanksgiving! And happy investing!

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