They are the worst property management company I've ever dealt with.

Several problematic findings arose when researching Norada Capital Management.1.

GP doesn't charge any fees, 7% preferred return and 35% promote.For 5-7 year hold periods, I'm seeing target returns closer to 15-25% IRR and 1.6-2.2x equity multiple.It's more common for GPs to charge fees (acquisition, construction, management, etc.) and take a lower promote around 20-30%.

Networking with local agents, wholesalers, and property managers usually beats paid leads.

Many managers get jumpy around rooming houses.

Unlikely actually cash flow with a manager in 2025.

For all the property managers out there, how do you typically evaluate your janitorial needs for commercial buildings (what are the most important things that help property managers (price, quality, et.).

If I were beginning from zero with $50K, I’d lean toward Houston and here's why..Houston gives you more leverage with cheaper entry prices and landlord-friendly laws.

Property Manager based in Westchester NY.

Rejoining now as a new property manager within a highly competitive market, I could not be more excited to learn from this community while also being open to offer any avenue I might to assist others in any capacity I can.