How often does your Property Manager suggest/advise income opportunities?

[Marshall Robins]

Hey Team, 

First post here, so I really appreciate the patience! 

I'm curious to know how often property managers actively suggest value-add activities for properties (ie, building an ADU, remodeling, buy-fix-hold opportunities etc etc).

Any feedback here would be super helpful! 

Cheers,

Marshall

[Peter Mckernan]

I would say that 95% of PMs will not talk about adding value to properties are adding more to your bottomline/top line. These are people that are property managers not asset managers. Asset manager role would be to give advice on property that could be value added and increase the income on a property by small or big tweaks. It's like a syndication operator verse a money manager. These people are built to value add deals, you would have to look hard for these people in your market and probably pay them top end pricing to get your properties performing amazingly well!