Hey Moguls, Cris Urso here talking about managing your property managers today…
So, I recently did an on-site visit to one of our out-of-state properties.
I do this from time to time—typically about once a quarter—to see with my own eyes how things are going on those properties and whether our property managers and staff are actually doing what they say they’re doing.
I like to be there in person to make sure the staff is doing well and that everything’s moving in the right direction, and also to check out the physical components.
Seeing is believing
So, I went to one multi-family property in particular because we transitioned from one property manager to another… in just 6 months…
And thankfully, the new management team is doing a fantastic job. With this new team, we actually cut expenses!
And, the day I visited the property, we signed 3 new tenants—that’s big, folks. That’s how awesome this new property…
Christopher Urso
is the founder of URS Capital Partners and National REIS. Chris has been investing in real estate since 2001. Over the years he has been involved in all aspects of real estate, from single-family fix and flips, buy and hold cash flow houses, and finally to apartment buildings. His real estate investment career only took off when he purchased his first apartment building 3.5 years ago. He now controls over $15,000,000 of apartments and has raised over $8,000,000 of private money in just over 3 years. He now structures investment partnerships to acquire large apartment complexes and also private coaches investors helping them purchase their own apartment buildings.