All of our agents are realtors, and we haven't run into this internally.

I think it's good for owner's to be a little bit hands on in the management until they build the right systems and process to be more passive, or better yet hire an internal manager yourself once your portfolio gets to the right size.  

The city is still undervalued according to international standards.

Probably an extra clause in the lease should be added in the future to insure the tenant accepts the property as is when it comes to these internal elements.

In states w/o attorneys, pretty much only the agent is there to help "arbitrate" to get the deal to closing. 

This contractor will take me from gutted house to ready-for-drywall (reframing, new siding, finished basement, new siding, new roof, new plumbing, new electric, new HVAC), at which point I will take over and complete the internals with my team. 

Is it now an international city?

These same owners get mad when we do not start the project at risk and get mad at us instead of themselves.For internal teams, it would be that there is always so much stuff going on and frequently no person is able to be made accountable for the work that is or is not completed.  

By the way, Tokyo BP Members - if you're ever headed to Seoul for a visit, be sure to shoot me a message and we can plan a get together.We have a BP member from the US coming to visit Korea next week and we'll be planning a dinner or coffee or something.Great to connect with other international investors!

Hi all, I am curious who here has an internal property manager (meaning someone on YOUR payroll who works for you and only you).