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Updated over 7 years ago on . Most recent reply
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Should I Start A Property Management Company?
Crazy Idea here:
I'm a college student and I currently make $2K/mo and live off of $1K/mo, so as you can see it takes a while to save up. I managed to save a lot by going to a local landlord who I knew had a vacant property he was trying to get rid of and offered to stay in the place and fix it up for him if he would cut me a deal on rent. So i'm living there paying $250/mo in rent. Which got me thinking, if I can do this what else can I do?
I started to realize that bringing value isn't really that hard at all.
I really want to learn as much about real estate as I can before I buy my first deal, I already work for a Broker as a runner and marketing assistant, so I see that side of things as well.
Here's the question: Should I go to local investors and offer property management services at a discount just to get my feet wet and see what it's like?