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The Profitable Property Management Podcast
190: Transitioning Out After 40 Years in Property Management - Bob Machado's Exit Story
Dec 29, 2023
Veteran property manager Bob Machado shares his 40+ year journey in the industry, including forming partnerships, joining NARPM board, and selling his company. He discusses the challenges, growth, and technological advancements in property management. Bob talks about transitioning out of the business, the use of AI for valuations, and strategies for running a successful property management business.
41:02
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Quick takeaways
- Bob Machado started his property management career in 1979 with just 8 houses and grew his company to become successful over 40+ years.
- Bob's involvement in NARPM and his efforts to promote property management education and collaboration within the industry are a source of pride for him.
Deep dives
Bob Machado's Background and Start in Property Management
Bob Machado shares his journey and experience in the property management industry, starting in 1979. He talks about how he got into property management and the challenges he faced in the early years.
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