Why would an existing property management company seek financing?

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  • Specialist · Riverside, CA · Member since 2015 · 6k+ posts · 3k+ votes
    6y

    They are management companies, what would they need financing for?  Once you get enough clients to necessitate hiring another person you have enough resources to pay that additional person.

  • Member since 2020 · 23 posts · 0 votes
    6y

    Aaron, thanks for your reply.  So you're saying that a property management company gets all the capital it needs strictly from management fees?

    About you here, what is a specialist?

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