Podcast: Download (Duration: 38:47 — 54.8MB)
Pros and Cons of Self-Managed Multifamily Properties – A Look From the Perspective of an Experienced Owner
In this episode, you get to meet Dan Krueger, who is co-founder of Invictus Capital, along with his business partner, Anthony Vicino. Beau & Dan talked about building a vertically integrated multifamily business.
They also discussed finding the right business partners that will allow a business to thrive in this very competitive landscape. Multifamily investing is a TEAM sport, where every team member has a role and specific responsibilities.
Finally, they chatted about why they chose to build their own property management division within Invictus Capital. According to Dan, the pros outweighed the cons, but you should be aware of the drawbacks.