Acquiring Property Management Companies: Financing Deals, Finding Deals, and Integrating Processes

Are you the absolute best property manager in your market right now? If your answer is yes, that’s fantastic – keep doing what you’re doing, and consider acquisition as a growth strategy.
If you’re not sure, or if you’ve dropped from 350 doors to 200 doors in the last couple of years, and you don’t have the heart to reverse that cycle, maybe it’s time to sell your company while it still has value.

That’s what Mike Kalis proposes, and he tells Alex about his process for acquiring property management companies of all shapes and sizes on this week’s Property Management Show podcast.

Mike is the CEO of Marketplace Homes, a company managing 3,100 doors in 19 states. Together, they broke down the three challenges of acquiring management companies:

– Hey, Big Spender: Financing Acquisitions

– Seek and Ye Shall Find: Acquiring Properties

– Avoiding an Identity Crisis: Integrating the Old with the New

Mike and Alex took a slight detour to talk about the State of the Industry, but it’s not as off-topic as you think. They discussed the disappearance of the accidental landlord client and the emergence of the investor client. This matters for your marketing, so check out the full podcast and the article.

Link to the article: https://fourandhalf.com/acquiring-property-management-companies/
Link to our services: https://fourandhalf.com/property-management-marketing/
Give us a call (we’ll answer!) 510-889-9921

Read more: youtube.com

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Posted In : Property Management Videos

This entry was posted on Saturday, August 18th, 2018 at 12:31 am. and is filed under Property Management Videos. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.