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Updated over 14 years ago on . Most recent reply
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Start Property Management Company to Learn the RE Biz?
Anyone have thoughts on this. I work part time maintenance at a 104 unit apartment complex right now. I used to do rental restoration work a few summers back. I am currently an unemployed shop teacher. (Like high school auto and wood shop). There are no jobs in my area and I have no desire to move. I've been learning a ton about RE investing and want to get into the biz, but I also need a decent income right now and I want to learn. I just saw a statistic online (no clue how reliable) that said that my town has like 6500 home and like 4000 are rentals. It's a college town. I did some googling and could not find any advertising for property management in my area.
Would it be a potentially good income?
Would it be a way to possibly learn the ins and outs?
Maybe even find owners who want out?