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

• 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

• mike@obsidiancapitalco.com
• https://www.obsidiancapitalco.com/