Posted by Jim Rayner on March 24, 2000 at 06:11:32:
Rolfe our experience has thus far has indicated that that it takes one full time person for every 30 units. We currently have 34 units…10 in one location with resident super…10 in another location looking for resident super…14 others scattered all over the city. One resident super works full time on my rehab crew as well, the other will only be part-time. My partner also works fulltime managing the rehabs and i just do the deals, book keeping, and tenant management in addition to still having a fulltime job. I have found that the resident supers are a great plus and eliminate virtually all of the pain in the butt trouble calls. Our current plan is to acquire an additional hundred units this year at which point i will retire from the job and have to devote my full attention to the investments as well as bring on at least one additional full time person.