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Updated about 1 year ago,
Buying a property management company
I own a property management company and manage about 115 properties. A dear friend of mine has passed away and her heirs are now selling her property management company. She has approximately 120 properties. Does anyone have any idea what a company like that is worth? They collect about $10,000/mo in management fees. They would like to sell it and I would like to buy it but have no idea how much her company is worth.