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Updated about 2 hours ago, 12/30/2024

User Stats

6
Posts
9
Votes
Abby Blumenfeld#1 Real Estate Success Stories Contributor
  • NYC
9
Votes |
6
Posts

Started my own property management company

Abby Blumenfeld#1 Real Estate Success Stories Contributor
  • NYC
Posted

Starting a property management company with my brother and my dad was a mix of teamwork, trust, and family dinners doubling as business meetings. AJ Fields Inc. began when we saw an opportunity to take over management responsibilities for a family friend’s properties. Despite being based in NYC, I’ve learned to delegate, handle operations remotely, and watch my brother thrive as a leader on the ground in Boston. Building this company with my family has taught me the power of collaboration and the importance of playing to each other’s strengths. We have grown over the years to manage 11 buildings and 25 units.

User Stats

48
Posts
24
Votes
Tyler Munroe
Agent
Pro Member
  • Boston, MA
24
Votes |
48
Posts
Tyler Munroe
Agent
Pro Member
  • Boston, MA
Replied

Congrats Abby! Property management is not for the faint of heart, so glad to see you're enjoying it and thriving. I feel like it's a space where great operators can really clean up, since the bar is set really low, in my experience at least. Boston should be a great area to expand as there is plenty of investor-owned rental property. Good luck in the future!

  • Tyler Munroe
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WealthyREI
5.0 stars
3 Reviews

User Stats

35
Posts
22
Votes
Clare Pitcher
Property Manager
22
Votes |
35
Posts
Clare Pitcher
Property Manager
Replied

Abby, this is such a good story! Sometimes, mixing family and business can be difficult, but I am happy you all are thriving. Goodluck with everything!

  • Clare Pitcher
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User Stats

2,242
Posts
1,653
Votes
Lien Vuong
Agent
  • Real Estate Agent
  • Boston, MA
1,653
Votes |
2,242
Posts
Lien Vuong
Agent
  • Real Estate Agent
  • Boston, MA
Replied

Congrats and thank you for sharing your story! Are you looking to expand mostly in NY area or Boston?

User Stats

14
Posts
10
Votes
Casey Howe
Property Manager
Pro Member
  • Property Manager
  • South Shore South Coast, and Surrounding Areas
10
Votes |
14
Posts
Casey Howe
Property Manager
Pro Member
  • Property Manager
  • South Shore South Coast, and Surrounding Areas
Replied

I love this story.  With technology and the right culture property management companies can be successful with a mix of local and remote team members.  Much of our back office is centralized / remote based, while our boots on the ground are local to the market / properties.  Good luck to you!

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Howzer Property Management
4.6 stars
194 Reviews