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Updated about 4 years ago,
Design your OWN Property Management Compensation Package
Hello BP,
I’m starting out with a new property manager who I know well. We’re trying to design a fair compensation package that aligns his interests with ours and makes it sustainable for him in the long run to continue to manage a growing portfolio.
Does anyone have any suggestions regarding the best way to design such a package?
PS: can include pay as well as equity in future deals etc....