Due diligence for a property management company

Member resources:

Frequent asked questions:

What is Searchfunder.com?

Searchfunder.com is an online community of searchers, investors, lenders, brokers and other professionals. Over 80% of those involved in searchfunds maintain a Searchfunder account to help them network, hire, and mentor others.

What are the benefits of membership?

In addition to accessing the most active online network of business buyers, Searchfunder licenses research that is simply not cost effective for individuals. Access over 15,000 industry reports and 50,000 transaction financials. You also get monthly credits for contact information for your company sourcing campaign with the option to purchase more at drastically discounted rates. Searchfunder has pre-purchased access from these data providers in order to empower individual buyers and to help searchers level the playing field versus private equity.

Do you have deals?

While we are primarily a buy-side network, we do have hundreds of brokers that regularly post deals to the community.

Can I find an internship on Searchfunder?

Absolutely! We have the industry's largest intern job board. If you are considering a search, the first step is to help another business buyer so you can hit the ground running.

What does it cost?

Searchfunder is a subscription service. We offer flexible monthly, annual and lifetime memberships.

Monthly

$79 / month

Annual

$19 / month

Lifetime

$432 / once

Those who maintain an account with us for over 4 continuous years are permanently added to the community without the need for a membership.

Do I need an MBA to join?

While a large number of our members come from dedicated programs at Harvard Business School, Stanford GSB, Chicago Booth, and other top programs, searching is no longer reserved for the elite. With the current abundance of dry powder in private equity, and an increasing number of business owners reaching retirement age, good deals rarely go unfunded.

Post a question, deal, job, etc...

Make a post...

Complete registration to post.

by a searcher from University of Wisconsin - Whitewater
in Chicago, IL, USA

1yr ago

Due diligence for a property management company

Looking for advice on due diligence for acquiring a property management company. Also, I'm curious about the pros and cons of this business model. Is anyone here in the single-family property management and real estate space or looking to get into it? I'd love to talk shop, discuss trends, and explore valuations that folks are seeing. I know many are probably in the multi-family space, so single-family might be a bit harder to network around, but I’m eager to connect and share insights.

2 Likes

230 Views

reply by a searcher 1yr ago
from University of Pennsylvania in New York, NY, USA

3rd party property management businesses tend to be relatively low margin businesses with a lot of personnel turnover. They can be very management intensive and there is often a high level of competition in the space. If you explore an opco/propco path that could be a good way to diversify and better control your income streams while keeping the door open for 3rd party management work too. Feel free to DM if you'd like to chat. Curious to hear what you're seeing out there.

reply by a searcher 1yr ago
from University of Miami in Key Biscayne, FL 33149, USA

^redacted‌ that is not my experience at all. If you can manage your overhead, and scale units under management, it’s pretty high margin - but has to be at scale.