Apartment Building Investing With Michael Blank Podcast

MB337: Collaborating with Your Property Management Team – With Nathan Ridgeway

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Sinopsis

When I got started in multifamily, I was much too hands-off with property managers. Yes, I reviewed the numbers, but otherwise, I stayed away and simply let them manage everything. Then I realized that experienced syndicators are much more actively involved with their property management companies, and we started to build more collaborative relationships. So, where is the sweet spot between too hands-off and too involved? What does a healthy relationship between property managers and ownership groups look like? Nathan Ridgeway is Regional Vice President at https://www.firstcommunities.com/ (First Communities), one of the nation’s most successful property management companies. Founded in 1978, FCM has managed over 200K units in 100K communities, growing their market reach to include Washington DC, Dallas, Austin, Houston, Atlanta, Charlotte and Nashville. On this episode of Financial Freedom with Real Estate Investing, Nathan joins Garrett and me to discuss the relationship between property management companie