Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

96
Posts
68
Votes
Steven Kleppin
  • Rental Property Investor
  • Manama, Bahrain
68
Votes |
96
Posts

Work Roles for new Multifamily Business

Steven Kleppin
  • Rental Property Investor
  • Manama, Bahrain
Posted

I'm looking to develop a Gino Wickman/Traction style organizational chart for a new multifamily business. Has anyone seen something like this or want to give a shot at those positions? Off the cuff: 

-Acquisition

-PM

-Investor Relations

-Operations

-Bookkeeping/finances

-Legal

Thanks!

Most Popular Reply

User Stats

199
Posts
266
Votes
E. C. "Stony" Stonebraker
  • Rental Property Investor
  • Coral Gables, FL
266
Votes |
199
Posts
E. C. "Stony" Stonebraker
  • Rental Property Investor
  • Coral Gables, FL
Replied

@Steven Kleppin, good thinking ahead!  In most multifamily companies I've seen, the PM is a separate company, even if the owner(s) is (are) the same.  That would be for asset protection reasons.  

One precaution is that frequently people hire attorneys or accountants who are not CRE investors themselves so the advice given is not from the perspective of an investor. This is an important requirement, IMO.

Otherwise, you've got a good start on the basic functions and roles.  

Loading replies...