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Updated over 1 year ago,
Acquire or Merge Property Management Company
Hey BP,
Our property management company currently has 30+ properties under management with over 70% of those properties under our ownership. My business partner and I are looking to scale this aspect of our business and considering acquiring a operational business to increase our units under management. Any advice on what to look for from a potential seller and what kind of multiplier we can expect for making offers? Any help is welcome, thanks!