All Forum Posts by: Albert Barrios

Hey guys! I created a support group for property managers in LinkedIn. This is your go-to spot for sharing insights, asking questions, and getting advice on all things property management. Whether you're a seasoned pro or just starting out, you'll find a bunch of friendly folks here ready to help you out.
Let's make your property management journey smoother and more successful with a little help from your new community!

Just wondering, anyone else find keeping up with tenant chats a bit much? How do you guys handle it?

In the face of skyrocketing house prices and soaring interest rates, Gen Z and millennials are finding innovative ways to achieve homeownership through "house hacking." This strategy involves renting out part of their home or an entire property to generate extra income. According to a Zillow report, 39% of recent homebuyers view house hacking as a crucial opportunity, a significant increase from two years ago.

Read more >> https://www.cnbc.com/2023/11/26/how-house-hacking-is-helping...

Hello Victor- 

Went through this same situation.

I used outsourcing for this- funny enough hates the big companies so started our own. 

I cut alot of employment costs and growth happened I would say 5x faster. 

Hello Tim! 

Ive been in property management for years and started a outsourcing company to help grow without paying thes Los Angeles Salaries. 

My business partner and I did this same thing a couple years back. We outsourced most admin/tenant work which allowed us to only show up when needed. 

Hey Alex!

My business partner and I started a few years back. We had this same discussion- we looked into outsourcing all that admin work that would hold us back. We hated the big companies so started our own. Its been a big help in collecting rent/processing rent roll/respond to requests. 

You might wanna check that option out. 

Hello! I have done this same thing recently in Los Angeles CA. 

HIred 1 PM and outsourced offshore for accounting/admin work to help save cost from big purchase. 

Hello!

I have 2 companies I started, Property Management and Outsourcing to help with my Management company. We just recently acquired a property with tenants and having a team to do all the admin paperwork-following up with the new tenants have been a life saver. 

Hope this helps. 

Hello Bob, 

I have two companies- Property Management/Outsourcing. 

I would say it does not matter- I have Level 3 accountants from the Philippines who handle it efficiently and effectively.  

Hope this helps!