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Updated about 9 years ago on . Most recent reply

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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
6,551
Votes |
9,365
Posts

To Open A PM Company or Not? That Is The Question!

John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
Posted

Hello experienced PM guys and gals:
I just took a class from a company called "the landlord property management academy". Overall, I am not sure I was real happy with the class but the major takeaway for me was their strategy of opening and running a PM company because the say this is an excellent source of new business for listings and purchasing rentals from owners. For those that have worked as an agent and then opened a PM company, would you do it again? I know a few PM that have between 300 and 500 accounts. If you make 100 per month per account that is quite a bit of cash flow coming in every month. Thoughts?

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