Does anyone have experience with property management companies?

searcher profile

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.

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Reply by a professional
from Bentley College in Miami, FL, USA
Hey Link - was good seeing you on the recent Trends webinar. In regards to your post - I have a client that is a property management firm who used DueDilio to source a service provider for an independent valuation. The valuation cost around $1,500 to do. I can connect you with someone who can help with this but of course they would charge for their services.
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Reply by a searcher
from University of Wisconsin in San Diego, CA, USA
Length of contracts and terms of contracts are important - need to adjust for an uncertainty contracts won’t renew if you were to step into the business
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