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Episode #115: Proactive Management with Mike Woodfield - The Apartments Operators Podcast

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Manage episode 355728832 series 3449032
Content provided by EBG Creative, Joseph Gozlan, EBG Creative, and Joseph Gozlan. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by EBG Creative, Joseph Gozlan, EBG Creative, and Joseph Gozlan or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
  • Focus on asset management
  • From self-management to 3rd party - Going the other way!
  • You got to have a solid budget to start self-management
  • Finding good property management by looking at their organizational structure.
  • Look for a company that has the resources to run the business.
  • Always look for a management company that pays attention to you before starting business with them.
  • It's better to get a smaller management company that's committed to your business needs
  • Never stop paying attention to your property even after getting a management team
  • Find a property manager who's core business is concentrated in your property area
  • How to work with multiple management companies
  • Know the 4Ps - People, Product, Price, Promotion
  • Always know your market
  • How a mini model can make a big impact on your occupation rate.
  • Importance of Secret Shopping your team.
  • Why Retention should be emphasized more than leasing
  continue reading

40 episodes

Artwork
iconShare
 
Manage episode 355728832 series 3449032
Content provided by EBG Creative, Joseph Gozlan, EBG Creative, and Joseph Gozlan. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by EBG Creative, Joseph Gozlan, EBG Creative, and Joseph Gozlan or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
  • Focus on asset management
  • From self-management to 3rd party - Going the other way!
  • You got to have a solid budget to start self-management
  • Finding good property management by looking at their organizational structure.
  • Look for a company that has the resources to run the business.
  • Always look for a management company that pays attention to you before starting business with them.
  • It's better to get a smaller management company that's committed to your business needs
  • Never stop paying attention to your property even after getting a management team
  • Find a property manager who's core business is concentrated in your property area
  • How to work with multiple management companies
  • Know the 4Ps - People, Product, Price, Promotion
  • Always know your market
  • How a mini model can make a big impact on your occupation rate.
  • Importance of Secret Shopping your team.
  • Why Retention should be emphasized more than leasing
  continue reading

40 episodes

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