Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
Management of 30 unit and under community
Recently I've seen some people take on some smaller value add apartments between 15-30 units and do really well after implementing a value-add plan. The challenge here naturally is how do you manage the property from a maintenance and leasing standpoint. At the moment the smallest property in my portfolio is 68 units and we can afford to have full-time staff at the property.
I am looking into purchasing a smaller value-add deal for a short-term hold between 20-30 units (without syndicating) for myself and was curious if anyone has a property of this size and how you handle the mgmt/maintenance of it. Thank you in advance!