Proactive Management with Mike Woodfield Ep. 115 Apartments Operators Podcast

Welcome to the Apartments Operators Podcast where you can learn from experienced operators what it really means to be apartments operators.Show more

No fluff, no sugar coating, just the raw unfiltered truth of the ups and down of operating multifamily communities.

We gathered a phenomenal group of operators for you that share not only the upside of a multifamily operator but also the downside, the challenges and the surprises this business keeps coming up with.

On this episode: Episode #115: Proactive Management with Mike Woodfield

@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 a 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 Woodfield's website: https://www.obsidiancapitalco.com/
Email: mike@obsidiancapitalco.com
Episode 115 Show Notes: https://aptopr.com/episode-115-proactive-management-with-mike-woodfield/

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This is an episode of The Apartments Operators Podcast where you can learn from experienced operators what it really means to be apartments operators.
No fluff, no sugar coating, just the raw unfiltered truth of the ups and down of operating multifamily communities.
Our host, Joseph Gozlan, is an experienced owner/operator and a multifamily broker living in Texas. We gathered a phenomenal group of operators for you that share not only the upside of a multifamily operator but also the downside, the challenges and the surprises this business keeps coming up with.
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The Apartments Operators Podcast website: https://www.AptOpr.com
All The Apartments Operators Podcast Episodes on YouTube: https://www.youtube.com/watch?v=YIZzxCrT_fY&list=PL5SEY4gVQHKJXfy70oeq7f5AGm_m5VOf1
Eureka Business Group: https://www.ebgtx.com
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