Family and friends – you can love and/or admire them. BUT should you hire them to work in your property management business? Commonly referred to as “nepotism,” the practice of hiring family and/or friends has its pros and cons.
I have worked in the Real Estate/Property Management industry for over 30 years, During this time I have witnessed many colleagues who hire family members or friends; many of these instances are children who will most likely take over the family business at some point in time. Like anything else in business, hiring family members and/or friends can have both advantages and liabilities. Read more →