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General Landlording & Rental Properties

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Adam M.
  • Lawrence, KS
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175
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Questions about starting out in property management...

Adam M.
  • Lawrence, KS
Posted Jul 11 2017, 19:21

I've been thinking about giving property management a shot. I see a lot of managers post saying they have 50-80 doors.

How long does it take to get to that level?

How many did you acquire in your 1st, 2nd, 3rd year?

What are you goals each year to grow?

Does FB/Google CPC advertising draw solid leads? What type of ROI are you seeing from that?

How many units per client do you manage?

$/month per client?


I don't have a lot of money and would be doing this on the side until my business grew and being very technically literate I would want to do my best to have solid SAAS based systems (Appfolio/Buildium, Pipdrive/Salesforce, etc.) in place from the get go. Trying to figure out how long I will be burning cash until I am break even and how much I should budget for lead generation.

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