345: There’s More Operational Inefficiency In Smaller Multifamily Buildings Without On-Site Staff

Although there are multifamily properties of all sizes that are not managed well, smaller buildings without on-site staff and ma and pa owners tend to be more likely to be run unprofessionally. These properties pose opportunity for new buyers with more professional management infrastructure and processes. Will Matheson, Co-founder with his twin brother of Matheson Capital, has had incredible success adding value to smaller properties and generating consistently large returns. In one Class A property in Boone, North Carolina, they’ve increased rents 60% in the last year.