Why Good Property Management is Crucial to the Success of Your Investment! with Dan French, Ep 104

Journey to Multifamily Millions

Welcome to the Journey to Multifamily Millions podcast, where we discuss money matters with experts!

The guest this episode is Dan French, the managing director of ATX Acquisitions, where he has helped orchestrate deals totaling over $2 billion in assets under management, delivering remarkable returns exceeding $1 billion to investors. Dan also happens to be the CEO of ResProp, a real estate private equity and property management firm, where he has overseen the operation of a staggering 15,000+ apartments and properties..

In this episode, Dan shares his journey from a public servant to a successful real estate investor managing over $2 billion in assets. He discusses the importance of aligning with property owners' business plans, retaining top talent in property management, and the strategic shifts that led his company to transition to third-party property management.

Dan also sheds light on the lessons learned during the 2008 financial crisis and how to navigate the challenges in property management, especially amidst current market conditions.

Episode Topics

[01:17] Meet our guest, Dan French
[02:15] How Did Dan Begin His Journey into Real Estate?
[04:18] What Lessons Did Dan Learn from Navigating the Great Financial Crisis?
[10:34] Why Are Scaling Up and Strategic Investments Crucial?
[14:49] How Can Property Management Insights Transform Your Investments?
[22:34] What Are the Biggest Challenges in Property Management Right Now?
[32:44] What is one red flag every investor should look out for?
[31:17] What is a myth about the real estate business?
[34:02] Connecting with Dan

Notable Quotes

• "Real estate is one of the only things outside of the stock market that people talk a lot about in terms of generating wealth." - Tim Little
• "You may complain about the obstacle in your way, but in the end, that's going to be the thing that makes you successful." - Tim Little
• "Starting with those two to four units, that's where most people get started in real estate." - Tim Little
• "It was years of working things out with the banks and restructuring things through grit and determination." - Dan French
• "You have to be attached to a broader mission. It's about serving owners and residents." - Dan French
• "Building a very strong culture is the best way to retain them. People need to feel like they are really connected to a greater goal." - Dan French

👉Connect with Dan French

• LinkedIn: Dan French
• Website: ATX Acquisitions
  ResProp Management
• Email:

👉 Connect with Tim

• Linkedin: Tim Little
• Instagram: @tim_at_zana
• Email: [e-mail]
• Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
• Get your Passive Investor's Cheat Sheet FREE

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https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497