New unit acquisition

[Account Closed]

Hello All,

As our Pittsburgh property management has met our expansion threshold, we have been actively trying to bring our business model to the Eastern side of the state! With our definition of service, we are looking to bring our top-notch management into Philly more seriously. We currently manage a few units in the metro, but COVID has made it difficult to travel to the city of brotherly love. I've currently been sending packets of information to FRBO's as well as some additional media portraying who we are and what we stand for. I've received some feed back slowly trickling in as well as some business turning, but I just find it difficult to hit the ground running in philly with the pandemic looming around. If you have any other advice on what I could do next in order to continue acquiring more managements, please let me know on things that you've done in the past.

[Joe P.]

Get involved in some of the local REIA meetups...advantage for you since a majority are virtual. Perhaps hosting a "self management" webinar/meetup where you share some important things for a newbie to look at?

Every single manager, maintenance, trades, financial, agent, mortgage person(s) I've ever spoken with have been from a referral. I'm trying to think of an instance, perhaps one, where I used a Yelp handyman to do some work, but that's it. Getting ingrained in the close knit community is probably your best bet. But, its a double edged sword. If your services are not up to par, too expensive, "all bark and no bite", then you can quickly expect that negative information to float.