All Forum Posts by: Ryan Cleary
Ryan Cleary has started 117 posts and replied 361 times.
Post: Residential Assisted Living in Florida
- Real Estate Agent
- Saint Lucie, FL
- Posts 369
- Votes 330
I have a partner interested in getting into Residential Assisted Living in South Florida, does anyone know of a good resource I can throw his way?
Post: Starting a Property Management company, any suggestions on marketing?
- Real Estate Agent
- Saint Lucie, FL
- Posts 369
- Votes 330
Quote from @David Peschio:
Quote from @Ryan Cleary:
Quote from @David Peschio:
We utilize a site called AllPropertyManagement.com to help pay for leads and focus heavily on optimizing your website to ensure it ranks high in your local area for organic searches. This is crucial for building a strong online presence and attracting property owners naturally. In the meantime, using AdWords is an excellent way to gain immediate exposure while you build your organic traffic.
Thanks David! With the paid leads you receive, is it a cold outreach? Like, are you giving them a call/ letter/ email, etc out of the blue?
For both the client has reached out with interest = so not really a cold lead. We typically will call and then follow up with emails if necessary
Thanks David!
Post: Starting a Property Management company, any suggestions on marketing?
- Real Estate Agent
- Saint Lucie, FL
- Posts 369
- Votes 330
Quote from @David Peschio:
We utilize a site called AllPropertyManagement.com to help pay for leads and focus heavily on optimizing your website to ensure it ranks high in your local area for organic searches. This is crucial for building a strong online presence and attracting property owners naturally. In the meantime, using AdWords is an excellent way to gain immediate exposure while you build your organic traffic.
Thanks David! With the paid leads you receive, is it a cold outreach? Like, are you giving them a call/ letter/ email, etc out of the blue?
Post: Starting a Property Management company, any suggestions on marketing?
- Real Estate Agent
- Saint Lucie, FL
- Posts 369
- Votes 330
Hey everyone!
My partners and I have been managing our rentals for years very successfully, I am looking to start a PM company in Florida.
I was wondering if anyone had suggestions on ways to successfully gain properties to manage.
Post: Starting a property management company
- Real Estate Agent
- Saint Lucie, FL
- Posts 369
- Votes 330
Quote from @Drew Sygit:
@Ryan Cleary believe you need a real estate broker's license to manage properties you don't own in Florida.
You are correct Drew.
I am curious if anyone has suggestions. I am an agent with Keller Williams, they do not allow property management. I am sitting for my broker license but I don't plan on leaving KW.
I have wanted to start a PM company for a while. What are some ways I can navigate this situation with keeping my position at KW and starting a management company?
Post: Starting a property management company
- Real Estate Agent
- Saint Lucie, FL
- Posts 369
- Votes 330
Quote from @Kim Meredith Hampton:
Hi Ryan,
Congrats on building your portfolio. First thing is that you will need a Florida Real Estate License, then join a brokerage for two years, after the two years you can get your Brokers License and open your own company. Florida Law requires that you work underneath a Broker for two years before you can open your own.
It would be good to ask around and interview a few brokers and see if you can operate under a Broker and are able to take all of your accounts with you after two years.
Joining the National Association of Residential Property Managers is also a great way to expand your knowledge, network with other professional property managers, obtain more training and education and find every vendor under the sun to make your property management successful. I am actually one of the past State Presidents of Florida.
Best of luck
Thank you Kim, I am currently a a realtor and am sitting for my brokers exam shortly.
I am a bit unclear on the red tape. The brokerage I currently work for does not allow property management. Does a property management company have to be a registered brokerage? I was thinking that as long as I have my brokers license then I would be able to start a PM company.
Is there a simple way to navigate this?
Post: Starting a property management company
- Real Estate Agent
- Saint Lucie, FL
- Posts 369
- Votes 330
Thanks for the reply Maranda!
If you don't mind me asking, how do you market your services?
I suppose my main concern would be wasting money on marketing that is not going to move the needle
Post: Starting a property management company
- Real Estate Agent
- Saint Lucie, FL
- Posts 369
- Votes 330
Hey everyone!
Over the past few years, my wife and I, and a few partners have acquired several rental properties in Palm Beach county and the Treasure Coast.
We have very good systems in place for property management and it has become my favorite part of our real estate career.
We are considering starting a property management company and was curious if anyone had suggestions or ideas.
Post: Off market deal appraising for 223k (purchased for 160k)
- Real Estate Agent
- Saint Lucie, FL
- Posts 369
- Votes 330
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $160,000
Cash invested: $46,000
Off market deal appraising for 223k, using a dscr loan.
Post: Brrrr, closed in 1 business day
- Real Estate Agent
- Saint Lucie, FL
- Posts 369
- Votes 330
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $175,000
ARV 300+
purchase price 175
needs ~40k
Off market deal, had to close in 2 days (one business day)
