190: Transitioning Out After 40 Years in Property Management - Bob Machado's Exit Story
Welcome Closers!
In this episode of The Profitable Property Management Podcast, host Jordan Muela has an insightful discussion with veteran property manager Bob Machado. Bob shares his 40+ year journey in the property management industry, starting in the late 1970s when he stumbled into the business.
00:48 - Getting into property management via 8 houses in 1979 as a new real estate agent
In this episode of The Profitable Property Management Podcast, host Jordan Muela has an insightful discussion with veteran property manager Bob Machado. Bob shares his 40+ year journey in the property management industry, starting in the late 1970s when he stumbled into the business.
00:48 - Getting into property management via 8 houses in 1979 as a new real estate agent
11:00 - Forming initial partnership company, Sigma Delta Property Management
16:23 - Joining the NARPM board in 1992 and spearheading massive membership growth
26:22 - Splitting partnership company in half to reform his own company, Home Point
36:00 - Selling Home Point to HomeRiver in 2017, staying for transition before joining acquisitions
HRG Link: homeriver.com
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