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YFP Real Estate Investing 129: Engineering a Property Management Company


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Nov 30 2024 43 mins   4
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Naeem Farokhnia, an engineer-turned-real estate investor and CEO of TheSFPropertyManagement Inc, shares his journey into real estate investing to eventually launching his own property management company.

Summary

In this episode, hosts Nate Hedrick and David Bright welcome Naeem Farokhnia, an engineer-turned-real estate investor and founder and CEO of TheSFPropertyManagement Inc, a technology enabled property management company providing top notch services to tenants and landlords.

Nareem shares his inspiring journey of moving to the U.S. and eventually launching his property management company. He dives into the challenges of managing properties in high-risk neighborhoods, the value of vetting tenants and property managers, and how technology, like virtual tours, has transformed his operations.

About Today's Guest

Naeem Farokhnia is a serial entrepreneur with 19 years of experience in engineering and technology working at high growth startups and fortune 500 companies.

Farokhnia worked at Vicor Corporation for a stint before joining Apple on their Power Management and MacBook Pro teams as an Engineer.

Farokhnia is now the founder and CEO of TheSFPropertyManagement Inc, a technology enabled property management company providing top notch services to tenants and landlords. His company has managed over 100 doors and 1,000 tenants combined. Naeem entered the multifamily space through his company, The Multifamily Holdings, where he helps business owners and engineers who are worried about stock market volatility and want more stability in their investments to passively invest in real estate without the hassle of managing properties, finding tenants, or handling maintenance and repairs.

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