#276: Effectively Operating a Large Portfolio of Scattered-Site Multifamily + Leveraging Tech in Operations with Michael Root
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In this episode, we sit down with Michael Root, managing partner at Root Property Group, to discuss how he successfully operates a scattered-site multifamily portfolio in Chicago. With nearly 800 units across 80+ buildings, Michael shares how his team optimizes operations, builds community among residents, and leverages technology to streamline processes.
Join us as we dive into:
- Michael’s journey from managing his father’s small portfolio to building a vertically integrated real estate company
- The challenges and strategies of managing a scattered-site portfolio
- How technology—like AI-driven chatbots and automated scheduling—is improving property management efficiency
- The value-add playbook: When to renovate, refinance, or sell
- The importance of tenant experience in achieving an 82% lease renewal rate
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Connect with Michael:
Root Property Group: https://www.rootrealty.com/
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Email: [email protected] for Chicago Property Investment Deals!
280 episodes