Does anyone have experience with property management companies?

August 19, 2022
by a searcher in Loudon, NH, USA
I'm in the early stages of looking at a property management company that is about half residential, half commercial property management local to me. I've got some background in residential real estate sales (and a broker's license) but nothing that relates to property management. I'd love to connect with people who have either acquired in this space and/or currently or have operated a similar company in hopes of learning what questions I might need to think to ask during my review process.
I'm also trying to get a feel for how to value something like this. There is no asking price so as I start to think about valuation, I am looking for guidance on what multiple of EBITDA is fair in the current market. Thanks.
from Bentley College in Miami, FL, USA
from University of Wisconsin in San Diego, CA, USA