Episode 131: Fireman turned to Operator with Seth Teagle - Apartments Operators Podcast
Mar 10, 2023•38 min•Ep. 31
Episode description
Description:
- 00:40 Start of the Journey
- 01:33 Pay check is just not enough
- 05:01 They're doing a lot of surgical work with a spoon
- 05:59 the biggest challenges in the industry when it comes to third party property management
- 07:32 There's big disconnect between third party management companies and people that are buying value
- 08:48 The only thing that goes in favor of the bigger companies
- 09:10 we're operators, we're owners, we're investors.
- 13:47 field team and office team
- 16:17 It starts to get convoluted.
- 16:43 it's a whole nother thing to actually be successful at it
- 20:32 we try to swim in the same direction as the municipalities because of it.
- 21:10 even if it's not broke right now, We fix it
- 23:47 invest the CapEx upfront
- 28:44 what advice do you give your younger self?
- 30:32 scaling too quickly can kill you
- 31:22 2023 Outlook