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Updated over 5 years ago on . Most recent reply

Mike Ball's profile image
Mike Ball's profile image
Mike Ball
  • from Los Angeles, CA
  • Member since Sep 28, 2017
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Mike Ball's profile image
Mike Ball's profile image
Mike Ball
  • from Los Angeles, CA
  • Member since Sep 28, 2017
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Mike Ball
  • Los Angeles, CA
7
Votes |
29
Posts
Multi-Family and Apartment Investing

On-site Property Manager in MF

Mike Ball
  • Los Angeles, CA
Posted

I would like to get everyone’s viewpoint on what is the approximate number of units where you need a full-time on-site manager versus just off-site manager?

I am looking at a 48-unit property and am wondering if I need off-site manager, part-time on-Site or full-time on-site.

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Charles D Cruz's profile image
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Charles D Cruz
  • from Pueblo West, CO
  • Member since Jun 25, 2017
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Charles D Cruz's profile image
Charles D Cruz's profile image
Charles D Cruz
  • from Pueblo West, CO
  • Member since Jun 25, 2017
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Charles D Cruz
  • Pueblo West, CO
53
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69
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Charles D Cruz
  • Pueblo West, CO
Replied

Just rule of thumb. Demographics and turn over rate could affect the amount of management required for a property. Also if your planning to rehab a large portion of the property.

Off site part time management: 30 or less.

On site part time management: 31-49

On site full time management: 50+

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