Accelerated Real Estate Investor 332: Regional Manager Overwhelm: Operational Risks to Your Business #4 with Josh Cantwell
In the 4th installment of this series, I wanted to talk about how critically important regional managers are in your business. These folks are your decision makers and ultimately responsible for charting a course for improvements and optimizations, making sure that things are getting done. They should be in constant communication with you and your partners about literally everything.
Your property managers, leasing agents, and maintenance techs are the people who keep the lights on in your buildings–and they all report to a regional manager. They wear a lot of hats and are often overseeing hundreds or thousands of units, and when they underperform, it hurts your bottom line.
So today, I’m going to talk about why great regional managers are a key part of your business–and the red flags to look out for when working with one. You’ll learn how badly things can go wrong when working with regional managers, as well as an easy and very effective way to eliminate this threat from your operations once and for all.
One last thing: I’ll be hosting a 3 Day Live Virtual Event from January 23-26, 2023. This event is free for members of our Mastermind Group but tickets can be purchased by non-members as well. Book your spot today by visiting: ForeverPassiveIncome.com
Key Takeaways with Josh Cantwell
- Why great regional managers are experienced, hard headed, and not simply yes men or women.
- How regional managers can fail to properly monetize your buildings by undercharging, overspending, and not planning adequately.
- How to secret shop your buildings to asset manage your regional managers.
Want the Full Show Notes?
To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/332
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