An interview-based program that dives into the investor mindset when challenges arise. We explore the decision-making process of successful real estate investors, learn about their mistakes and how you can make the right decisions to make you successful.
Episode 45: Leveraging Technology and Building a Team Mentality for Effective Property Management
There are many ways to get involved with real estate, wholesaling, fix-and-flip, rentals, and property management to name a few. After graduating university, Jimmy Murray wanted to get rid of his 9-5 and go into real estate. He began with house hacking and then transitioned into wholesaling. He quickly realized that wholesaling was not for him, but he was very adept at speaking with and getting through to tired landlords. He pivoted and started a property management company as a means for him to get on track to achieving his dreams in real estate. In this episode, Jimmy shares why he feels on a net basis, property management is a great alternative, how he is leverage technology, and some best practices for developing a solid team to improve profitability.
About Jimmy Murray:
Jimmy Murray is a full-time property manager, experienced house hacker, and a real estate investor. He is also co-host of “The Cash Flow Kings “ podcast.
Dion Huey is a Co-founder at Delta Bridge Capital LLC which is a multifamily real estate investment company that invests in value-add apartment communities in the United States. He earned a master's degree in finance at Northeastern University in 2017 and worked on multiple business syndications as a financial analyst for Boston-based Plateau Asset Management which is a private equity search fund that has $30 million AUM. In 2017, Dion was an analyst on a deal team that advised Citic Investment Bank's Hong Kong private equity division on the syndication of a $1.5 billion acquisition of a hotel in New York. He is currently the host of The Multifamily Investor Situation Room Podcast.
In 2010 he co-founded Rocky Mountain Education and Technology Group which is a Beijing-based education services company that has serviced more than 5,000 clients. In his spare time, Dion enjoys reading, martial arts, lifting, and learning foreign languages. Contact the author at firstname.lastname@example.org.