MGMT of Multi-family R.E. - investor moving overseas
I am a new R.E. Investor who is just starting out and who plans to buy multi-family apartment bldgs in the New York City area. The problem I have is that I'm permanently moving overseas at the end of the summer. Although I will be traveling back and forth to the US from time to time, If I'm living overseas and natuarlly use a management company to take care of the day-to-day routine functions to maintain the bldg, can I hire someone ("resident manager") or someone in a similar capacity to watch the management company closely to update me that they are doing repair work that I pay them to do. I'm not sure if there is such a person who is hired by an owner/investor who watches a mgmt. company, since usually the investor watches the mgmt company directly. Am I thinking about a resident mgr or some other job title???? Thanks :crying: