080. Meet the 27-Year-Old Buying Property Management Companies | Patryk Swietek

15/04/2024 19 min

Listen "080. Meet the 27-Year-Old Buying Property Management Companies | Patryk Swietek"

Episode Synopsis

Ready to save $10k-$50k in taxes this year? Book a call here:► https://taxstrategy365.com/pod-appIn this episode, I'm sitting down with my good friend 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 companiesFollow Patryk online: https://www.instagram.com/patryk_swietek/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.Want me to answer your questions live? Come to my next Ask Me Anything Q&A:► https://taxstrategy365.com/pod-amaLet's connect!► Instagram: https://www.instagram.com/ryanbakkecpa/► LinkedIn: https://www.linkedin.com/in/learnlikeacpa/► Twitter: https://x.com/RyanBakkeCPA► Facebook: https://www.facebook.com/ryanbakkecpa► TikTok: https://www.tiktok.com/@ryanbakkecpa⁠⁠⁠*None of this is meant to be specific investment advice, it's for entertainment purposes only.