The Best Ever CRE Show JF 3928: Scaling Property Management, Section 8 Strategy, and Philippine Telecom ft. Mike Bonadies
On this episode of Next Level CRE, Matt Faircloth interviews Mike Bonadies, founder of TerraVestra Property Management. Mike shares his unique journey of scaling a profitable property management company while owning rental properties himself—something he says is rare but critical for alignment. He discusses the importance of hiring investor-minded staff, leveraging offshore talent from the Philippines, and creating systems grounded in landlord-tenant law and municipal code knowledge. The episode also dives deep into controversial topics like the future of Section 8 housing, vetting property managers with the right questions, and handling maintenance and pest issues responsibly—without falling into the trap of "scumbag landlord" behavior. Finally, Mike reveals how a trusted VA's idea led to launching a telecom company bringing internet to remote areas of the Philippines.
Mike Bonadies
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Current Role: Owner, TerraVestra Property Management and co-founder of a Philippine-based telecom company
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Based in: South Jersey
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Say hi to them at: mbonadies@tvpm.info or www.terravestrapropertymanagement.com
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