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Updated 2 months ago on . Most recent reply

User Stats

88
Posts
16
Votes
Jaren Woeppel
  • Lender
  • St. Augustine, FL
16
Votes |
88
Posts

Looking to buy property management business

Jaren Woeppel
  • Lender
  • St. Augustine, FL
Posted

Anyone have experience buying a PM business? As of now, we only manage our own small portfolio. We are looking to buy an established business with a system in place. Any advice would be appreciated!

  • Jaren Woeppel
business profile image
Jaren Woeppel Motto Mortgage Invictus
5.0 stars
17 Reviews

Most Popular Reply

User Stats

2,266
Posts
882
Votes
Hai Loc
  • Specialist
  • Toronto, Ontario
882
Votes |
2,266
Posts
Hai Loc
  • Specialist
  • Toronto, Ontario
Replied

in Oklahoma is a real estate license required to manage properties?

If so it might be hard to sell the management side of the business as the the real estate sales may be also under the same company structure. I could be wrong..

Also since your a licensed agent why don't you just start your own company and hire experience managers to work for you.. 

I encountered a lot of bad management companies who just drain investors money. They always lacked something and I will never have peace of mind. 

If you are seeking a company you need to make 110% sure they have the best systems in place and the way they are structured doesn't have any loopholes. 

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