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#276: Effectively Operating a Large Portfolio of Scattered-Site Multifamily + Leveraging Tech in Operations with Michael Root

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Manage episode 474567265 series 3302706
Content provided by Axel Ragnarsson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Axel Ragnarsson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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

Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.

Connect with Axel:

Follow him on Instagram
Connect with him on Linkedin
Subscribe to our YouTube channel
Learn more about Aligned Real Estate Partners

Connect with Michael:

Root Property Group: https://www.rootrealty.com/
Connect with him on Linkedin
Email: [email protected] for Chicago Property Investment Deals!

  continue reading

280 episodes

Artwork
iconShare
 
Manage episode 474567265 series 3302706
Content provided by Axel Ragnarsson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Axel Ragnarsson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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

Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.

Connect with Axel:

Follow him on Instagram
Connect with him on Linkedin
Subscribe to our YouTube channel
Learn more about Aligned Real Estate Partners

Connect with Michael:

Root Property Group: https://www.rootrealty.com/
Connect with him on Linkedin
Email: [email protected] for Chicago Property Investment Deals!

  continue reading

280 episodes

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