Scaling a property management company

[Patrick Flanagan]

I’m currently writing a business plan to start a property management company. What are some things I need to be doing to scale the business? Direct mail marketing? Email listings? Trying to buy other poorly ran management companies? 
any advice helps, I appreciate any input!
thanks,

Pat

[Engelo Rumora]

Quote from @Patrick Flanagan:

I’m currently writing a business plan to start a property management company. What are some things I need to be doing to scale the business? Direct mail marketing? Email listings? Trying to buy other poorly ran management companies? 
any advice helps, I appreciate any input!
thanks,

Pat

I'm a bit late to the party here so my apologies.

Had a great call with @Drew Sygit about a similar topic.

Wealth of knowledge from Drew and if you are still looking at starting a PM business, highly recommend you connect with him if he is available 😁

100% agreed with @Nathan Gesner

We started PM in Toledo as a subsidiary to our turnkey outfit.

Took us 5+ years to figure S#@% out lol

So definitely start "1 by 1" unit per se and grow organically.

We are at a point just now where we are looking to scale via M&A.

And that is only because I feel that we have reached our peak when it comes to generating organic leads.

We get regular lead form opt ins and calls to our office.

Literarily "monopolized" Google with SEO and our good reviews so there isn't much else to do IMO.

Only issue I see is we aren't looking at expanding out of city and will stick with Toledo for now.

Which will limit us in terms of expansion.

Much success and all the bet with your business