Good afternoon allJust for general discussion.....and I know there is a lot of information not given....I was discussing with several colleagues at a recent investor meet up, on their thoughts on best practice/method to acquire another property management company in our geographic location.We were approached by another management company who's owner wanted to retire and presented us with an offer.Original discussions with the other management company(seller) had them wanting a one time payout, say $100,000.

I really appreciate the resource and will definitely check it out as I explore different areas in Fort Worth.

Don't believe the hype and misinformation out there.This is the fourth deal we've closed this year.1.

Having your handyman do showings could be a solution, but keep in mind that if he’s not experienced in tenant screening, it could expose you to more risk, especially with squatters or less reliable tenants.You mentioned using something like Showmojo for smart access, which is great for efficiency, but I’d suggest ensuring you have solid procedures for background checks and tenant screening if you go that route.As someone who’s owned a property management company for 5+ years and manages over 300 units, I’ve seen the impact of not properly screening tenants.

Stay active on the forums and you'll find that many are more than happy to reach out and help.Cheers!

I am converting this back to a duplex, going to live in one half and rent out the other.

Will the insatiable demand for this slow down ?   

This wasn’t just me—this was true for most Florida property owners back then.But that kind of system can’t last forever.

It is illegal to discriminate against a tenant based on their source of income so I would advise against even mentioning this in any way shape or form.Are you qualified to purchase expensive RE?

How is it working out?