In this episode, our host, Ryan Bakke, sits down with special guest, Patryk Swietek, to discuss the ins and outs of buying property management companies for cash flow.
In this episode, we cover:
- Patryk's journey from selling server space online at 14 to buying his first short term rental property
- The challenges and lessons learned from buying and managing short term rental properties
- The importance of valuing and structuring deals when buying property management companies
- Insights into the profitability and scalability of property management businesses
- Tips for accessing funds and resources to start investing in property management companies
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Timestamps:
00:00 People management skills.
05:23 Partnering up to flip and renovate properties.
09:15 How to value contracts.
10:44 Unique acquisition strategies.
14:25 How to increase your business's valuation.
17:23 Buying businesses with SBA loans.
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*None of this is meant to be specific investment advice, it's for entertainment purposes only.
