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Host Edition: Why We're Internalizing Property Management for Our Multifamily Portfolio

Host Edition: Why We're Internalizing Property Management for Our Multifamily Portfolio

Released Wednesday, 17th April 2024
Good episode? Give it some love!
Host Edition: Why We're Internalizing Property Management for Our Multifamily Portfolio

Host Edition: Why We're Internalizing Property Management for Our Multifamily Portfolio

Host Edition: Why We're Internalizing Property Management for Our Multifamily Portfolio

Host Edition: Why We're Internalizing Property Management for Our Multifamily Portfolio

Wednesday, 17th April 2024
Good episode? Give it some love!
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Follow Mike and Shawn on Instagram!

  • Shawn: @shawn_dimartile
  • Mike: @miketighe_

In this episode of the Real Estate Takeoff Podcast, hosts Shawn DiMartile and Mike Tighe discuss their decision to internalize property management for their multifamily portfolio in San Diego. They explore the challenges they have faced with third-party property management companies and the inefficiencies they have observed in the leasing process. Shawn and Mike highlight the importance of control and the ability to optimize the leasing process to attract and retain tenants. They also emphasize the cost savings and improved customer service that can be achieved by managing properties in-house.

Throughout the episode, Shawn and Mike share their insights and experiences as real estate investors and developers, providing valuable advice for listeners who are considering internalizing property management for their own portfolios. They discuss the importance of effective marketing, prompt response times, and streamlined application processes. By taking control of these aspects, landlords can enhance the leasing experience and maximize their profitability.

Some key takeaways from this episode:

  • Internalizing property management allows for greater control over the leasing process, leading to improved efficiency and profitability

  • Third-party property management companies often have inefficiencies and limitations that can hinder the leasing process

  • Prompt response times and effective marketing are crucial for attracting and retaining tenants

  • Streamlined application processes and clear communication can expedite the leasing process and increase tenant satisfaction

  • Internalizing property management can result in cost savings and improved customer service

Learn more about Mike and Shawn:

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