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Updated about 14 years ago on . Most recent reply

User Stats

31
Posts
37
Votes
Davion Malwah
  • Multi-family Investor
  • Los Angeles, CA
37
Votes |
31
Posts

Not opting for a property management firm.

Davion Malwah
  • Multi-family Investor
  • Los Angeles, CA
Posted

What would be the next step in a real estate investors career path once he reaches 100 units or so and chooses to continue to manage them independtley, would you hire people directly to assist you managing it, essentially starting your own investment firm?

Most Popular Reply

User Stats

5,028
Posts
2,573
Votes
Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
2,573
Votes |
5,028
Posts
Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
Replied

Davion,

I do not think that 1 person can effectively manage 100 homes alone. You would need to hire property leasing agents, and other staff to run the day to day operations. Failing to do this will result in future issues. Good luck.

  • Curt Davis
business profile image
Curt Davis - KAIZEN Realty
5.0 stars
38 Reviews

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