Welcome to 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. 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.
Episodes
Friday Jun 09, 2023
Friday Jun 09, 2023
Joining Joseph Gozlan, host of the Apartments Operators Podcast, Ed Modzel shares how he started his multifamily journey when he turned 60(!) showing that it's really never too late to start investing in multifamily.
00:00
08:25 Ed's Process of Hiring a Property Management Company
10:09 Why you really shouldn't move to the property you're managing!
11:40 The most successful properties that we have are ones that we self-manage
12:59 Self-Management saved us from the COVID downfall
15:59 Before you hire a manager, you should make sure that they buy into your business plan
18:52 How does Ed work with his management team
20:03 The magic of using charts
41:35 Advice to younger self
Ed Modzel's website:
https://www.gimmeshelterequity.com/
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