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You could buy a 3-4 unit multifamily property to get some experience renting it out. Do all of the property management yourself. This is best if you're targetin
by MichaelBurge 10y ago
You could buy a 3-4 unit multifamily property to get some experience renting it out. Do all of the property management yourself. This is best if you're targeting small-time landlords.
Or if you're looking to target bigger apartment complexes, you could get a job at a property management company for a year. That will give you a good view of the administrative side.
Your local community college might have a course on taking care of your home(to help with tenant turnover or knowing what your contractors need to do), or might be able to hook you up with a business mentor.
Once you've spent a year or two doing something related to property management, then you can write the code and probably will already know someone who can use it.
- CyberFonic 10y agoExcellent suggestion! But ... most people are in too much of hurry to take such a thorough approach to validating their idea.
- bbcbasic 10y agoBuying a potentially million dollar investment just to validate a SaaS seems a OTT. But the PM job seems like a good idea.
- ommunist 10y agoTalk to a local guy who is a small landlord in your local community. Ask him whether he needs SaaS? I personally like the perspective of paying less than 10% of my monthly rent income, ehich is going to agency (they take up to 15% in certain cases and do literally nothing).