Davenport, IA · Member since 2016 · 22 posts · 2 votes
Looking to buy a property management company, I've been looking around and there's not a lot for sale. My questions is why do you think there isn't a lot for sale and the ones that are for sale why do you think the owner would be selling it. Thanks
Real Estate Broker · Temecula, CA · Member since 2014 · 992 posts · 782 votes
9y
i dont know the answer to your question, however you could start up your own. As long as you know the business, it is not too difficult to get that 1st client. from there, build and go. You could also ask the prop mgmt companies around your area, if they have any homes they want to sell you. Sometimes, although they dont want to sell the whole business, they are willing to give up certain areas, as they grow in other areas. Hopefully, they dont give you all their difficult owners and properties. :) Just a thought. Best of luck