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190: Transitioning Out After 40 Years in Property Management - Bob Machado's Exit Story
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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
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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