Rental Property Investor · Bolivar, MO · Member since 2020 · 35 posts · 10 votes
Hello everyone,
This forum has been very helpful and I appreciate the past support.
Here I am but I was not sure how to title this or if I picked the best forum category for my question but here it is.
I heard from someone that the local property management companies know people who are retiring from rental business and thinking about selling their properties. I would like to take a contact with property management companies but how do you think I should approach them? I feel like the best approach is to establish some kind of relationships with them and ease into the information about those individuals who are looking into selling their properties.
I do not own any properties yet but do you think I can approach property management companies by saying I am interested in the future business with them?
I guess my short question is how to open up the conversation with the property management companies.
Specialist · Riverside, CA · Member since 2015 · 6k+ posts · 3k+ votes
5y
@Naoko Potts sometimes property managers have this info I would say most of the time they do not. I would bet if you talked to 5 PMs maybe 1 would have that info, but keep in mind that PMs often have clauses that they are the listing agent if the owner decides to sell or sell to a client they procure. If it happens organically it can be great but I would not consider this the best lead source for someone just starting out.