Looking to buy property management business
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!
Most Popular Reply
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.