David H. Michan

David H. Michan Email and Phone Number

Realtor, Investor and Manager @ Terra Equity Management
San Diego, CA, US
David H. Michan's Location
San Diego, California, United States, United States
About David H. Michan

Dynamic, and highly experienced in real estate investment management with solid history of success, including oversight of million-dollar portfolios. Steadfast leader and coordinator with track record of steering improvement projects, and optimizing internal operations. Talent for cultivating and supporting tenant relationships, leading to high occupancy rates, minimal turnover, and renewal of long-term leases. Fluent in English and Spanish

David H. Michan's Current Company Details
Terra Equity Management

Terra Equity Management

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Realtor, Investor and Manager
San Diego, CA, US
David H. Michan Work Experience Details
  • Terra Equity Management
    Realtor, Investor And Manager
    Terra Equity Management
    San Diego, Ca, Us
  • Terra Equity Management
    Realtor, Investor & Manager
    Terra Equity Management Mar 2018 - Present
    San Diego, California, United States
    Represent landlords offering hybrid property management service specializing in tenant placement services and furnished monthly rentals property management. Own and strategically built a portfolio of single and multi-family properties valued at $4.5 million.Negotiate and purchase under performing properties needing value add then increase rents and property value through remodeling. Oversee operational aspect of the business ensuring success and quality returns for investors.Selected Contributions:• Average of 11% cash on cash return and 19% internal rate of return• Successfully coordinated execution of property upgrades to enhance marketability and position of assets.
  • Apex Garage Doors, Inc
    Operations Manager
    Apex Garage Doors, Inc Dec 2020 - Feb 2024
    San Diego, California, United States
    Performed a business assessment which had been underperforming for several years, and created and executed a plan to implement structure, improvements, and growth. Work directly with the owner performing a variety of duties and tasks including customer support, legal and compliance support, conflict resolution, systems setup and maintenance, vendor management, hiring, contract negotiations, accounting, sales and general administrative duties. Selected Contributions:• Successfully executed plan and grew the business revenue by 93%. • Company is now fully operational and stable with continued moderate growth.
  • Cuttlefhish Real Estate, Llc
    Portfolio Manager
    Cuttlefhish Real Estate, Llc Sep 2017 - Dec 2020
    Remote - United States
    Collaborated with 30 local property managers and 5 realtors for a residential property portfolio valued at $4 million. Held bottom-line responsibility for end-to-end asset management functions, including tenant relations, property maintenance, bookkeeping, financial tracking and forecasting, and oversight of contracted services. Maintained proactive focus on sustaining full occupancy levels. Interfaced with legal and finance representatives as well as third-party vendors.Selected Contributions:• Directed the sale of the portfolio by selling 90% of the properties and negotiated sales prices and commissions, saving the partnership $40,000• Increased revenues by raising rents of outdated leases, performed necessary capital improvements and increased rents by 20% on average• Recommended and guided deployment of improved digital filing system to optimize management and accuracy of informational database.
  • Proforma Investments
    Real Estate Manager
    Proforma Investments May 2011 - Jul 2017
    San Diego, California, United States
    Lead company in the implementation of a house flipping initiative turning over 93 properties in a 3-year period. Directly involved developing and improving a wide range of operational management functions, with a primary focus on purchasing, remodeling and selling properties. Managed a variety of properties including single family homes, a 5- and a 12-unit apartment building, as well as short term/vacation rentals and corporate housing. Selected Contribution:• Earned recognition for building the company’s operational infrastructure resulting in significant time savings, organized workflow and improved profitability.

David H. Michan Education Details

Frequently Asked Questions about David H. Michan

What company does David H. Michan work for?

David H. Michan works for Terra Equity Management

What is David H. Michan's role at the current company?

David H. Michan's current role is Realtor, Investor and Manager.

What schools did David H. Michan attend?

David H. Michan attended Allied Real Estate School, Johnson & Wales University, Johnson & Wales University, Johnson & Wales University.

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