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Updated over 5 years ago,

User Stats

65
Posts
64
Votes
Kyle Kovats
  • Rental Property Investor
  • Hoboken, NJ
64
Votes |
65
Posts

Management of 30 unit and under community

Kyle Kovats
  • Rental Property Investor
  • Hoboken, NJ
Posted

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! 

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