How to create your own property management company

[Jake Peetz]

Does anyone here have experience owning their own property management company? I have a few single family homes and am working on my first multifamily.  It was suggested to me to start my own property managment company so I could also earn income from that end of my own properties rather than hire it out.  Would love to connect with someone who has experience doing this. 

[Chris Seveney]

@Jake Peetz

I would strongly recommend against it unless you have considerable scale and growth in near future. Management is an activity that can be a huge time suck and end of costing you $ as it truly needs to be done at scale.