Looking at acquiring a Residential Property Management company

by a searcher from Western Michigan University - Haworth College of Business

Jan 31,2023

Hi All - 

Looking at a few single-family residential property management companies for sale

Any searchers here recently acquire a management company?

Looking for any tips on pre & post-LOI due diligence

Thanks!

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14 comments

searcher from Western Michigan University - Haworth College of Business

Thanks Wiley, appreciate the feedback. No problem there as I'm eligible for a brokers license given my real estate experience in a different sector, Will likely take you up on your owner perspective down the road.

02/03/2023 | like reply | 0 likes

searcher from University of Southern California

Great opportunity. ^Searchfunder member‌ is right on the money with the broker plus property management. Keep in mind some states do require a brokers license to run a pm company. They are generally simple businesses. Key is lots of software/automation and having the right mix of vendors who are responsive. Boom you have a cash cow. Happy to chat as needed. Have never owned one but hired and fired a half dozen or so.

02/02/2023 | like reply | 0 likes

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