Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago on . Most recent reply

User Stats

206
Posts
82
Votes
Chris Virgil-Stone
  • Rental Property Investor
  • Cape Coral, FL
82
Votes |
206
Posts

Do you use the same company for PM & purchasing?

Chris Virgil-Stone
  • Rental Property Investor
  • Cape Coral, FL
Posted
I've been looking into investing out of state lately as the Atlanta market is becoming very saturated with buyers. I've located a market I'm familiar with where price to rent ratios are favorable and plan to invest. Up until now I have always self managed. While it was not always the case, I actually enjoy it. I'm very hands off and have automated most process. My property management style and lease are very strict, however I also provide high quality housing slightly below market rates. In order to invest out of state and scale I realize this is not my comparative advantage. Obviously there's many things to consider when choosing a PM company. What I'm wondering is - what benefits/disadvantages have you experienced when using the same real estate company for PM and purchasing vs. separate companies?

Most Popular Reply

User Stats

6,241
Posts
3,800
Votes
Aaron K.
  • Specialist
  • Riverside, CA
3,800
Votes |
6,241
Posts
Aaron K.
  • Specialist
  • Riverside, CA
Replied

If they are the same company make sure you are not dealing with the owner when purchasing and that the person helping you buy sees little to no financial benefit from the management side.  On the plus side pocket listings are more commonly a thing in this arrangement assuming the PM company is of a reasonable size

Loading replies...