Specialized Property Management Expands into Florida

Local Property Managers Partnering with the Technology-Driven Firm to Boost Growth

 

Specialized Property Management has announced its expansion into Florida, partnering with one of the largest single-family property management firms in the Orlando market with over $178M in assets under management. The Dallas-based rental management company continues to expand into select markets via a unique strategy, partnering with reputable property management companies with portfolios of over 250 units that seek near-term growth to reach 1000+ properties under management.

 

The strategy provides established property managers with access to Specialized’s resources, technology and experience to drive substantial near-term growth, while allowing owners to retain ownership in the company. In recent years, the firm has invested substantially in its proprietary technology platform, RentalView360, which typically cuts operating costs of new partnering firms by over 25% within the first year, while driving topline revenue with proven marketing strategies.

 

“Our experience has shown that even seasoned property managers are struggling to keep up with the growing demands of rental owners in the digital age,” explained Charles Thompson, President of Specialized Property Management. “Investors now expect more efficient, technology-driven operations and data analytics to ensure they are getting the most predictable return on their investment. Our technology platform has been custom designed to meet that higher expectation, and our systems allow established firms to build on that foundation to scale and better serve their clientele.”

 

Specialized offers an innovative strategy for smaller property management companies to scale their operation and create a long-term sustainable company.  Thompson explains, “Today’s rental market requires a significant investment in teams, training, automation, systems, and partnerships that simply is beyond the reach of many property managers. Our strategy allows reputable local firms to access the needed support to thrive and grow quickly while maintaining a stake, where before they may have been stagnating, or even losing clients to more technology-driven firms.”

 

Specialized Property Management is one of the largest and fastest growing real estate management providers, with locations now serving single-family rental investors in Dallas, Fort Worth, San Antonio, Atlanta, and Orlando. The firm provides complete residential property management for homeowners, investors, and institutional funds, including comprehensive leasing, marketing, screening, maintenance, collections, compliance, asset acquisition and disposition and accounting services.  Its rigorous management protocol is supported by an experienced team and a proprietary technology platform that is pioneering new levels of data-driven performance for single-family rental management and investing.

 

For more information, visit Specialized247.com.

 

 

Specialized Property Management Partners with Roofstock for Seamless Real Estate Investing

Specialized Property Management, a residential rental management firm, has been named as a certified partner of Roofstock, the leading online marketplace for buying and selling  single-family rental homes.

“Our relationship with Roofstock allows us to offer a one-stop solution for investor clients seeking a more predictable, revenue-focused real estate investment strategy,” said Charles Thompson, President of Specialized Property Management. “Roofstock’s AI-driven platform offers rich analytics, market insights and online tools that enable investors to make real estate investing stock-market simple. Their technology integrates with our own property management technology platform to offer investors a high level of performance unseen before in our industry.”

Once an investor purchases a Roofstock home, vetted local property management partners like Specialized care for the property throughout the rental lifecycle to create a worry-free investing experience. This enables buyers to cashflow their investments more quickly, while avoiding the cost and hassle of researching and purchasing homes sight unseen. It also allows them to take advantage of nationwide investment opportunities outside of their local area.  

“We are proud to partner with Specialized Property Management as one of our certified property management partners,” said Gary Beasley, CEO & Co-Founder of Roofstock.  “Specialized understands the needs of investors and appreciates the value of technology in providing great service. Together, we offer investors a truly modernized, seamless solution for their single-family rental investments.”

Specialized Property Management is one of the nation’s largest and fastest growing real estate management providers with an active ongoing acquisition strategy. The firm provides complete residential property management for homeowners, investors, and institutional funds, including comprehensive leasing, marketing, screening, maintenance, collections, compliance, and rental accounting services.  Its rigorous management protocol is supported by an experienced team and a proprietary technology platform that is pioneering new levels of data-driven performance for single family rental management and investing.

Roofstock is the No. 1 marketplace for buying and selling single-family rental (SFR) homes. The company provides all the resources for investors to buy, own and sell real estate online, including data analytics, property management oversight and other tools. Roofstock’s transparent, innovative marketplace empowers investors to own cash-flowing SFR homes, diversify their investment portfolios and build long-term wealth through real estate. In 2018, Roofstock reached a milestone with $1 billion in transactions closed on its marketplace and continues to expand its footprint, now offering SFRs for sale in 40 markets and 23 states nationwide.

For more information, visit Specialized247.com and Roofstock.com.

Forbes Real Estate Council

Specialized Property Management Founder Charles Thompson Accepted into Forbes Real Estate Council

Specialized Property Management Founder Charles Thompson Accepted into Forbes Real Estate Council

Forbes Real Estate Council

Dallas, TX – July 16, 2018 — Real Estate industry veteran Charles Thompson has been accepted into the Forbes Real Estate Council, an invitation-only community for executives in the sector. Mr. Thompson is the President of Specialized Property Management, a leading single-family rental management firm based in Dallas, Texas.  

“I appreciate the opportunity to contribute to Forbes as part of our greater effort to raise performance standards within our sector,” explains Thompson. “I’m committed to providing additional resources, insight, and mentorship around the growing single-family rental management industry. The goal is to help both investors and colleagues keep abreast with the ever-evolving changes that are impacting us, while we continue to develop further technological advancements in the field.”  

Mr. Thompson offers over a decade of executive-level strategic operations in the real estate industry, in addition to 29 years of experience in turnaround management, strategy-based consulting, and implementing best-practice operational models within industry-leading brands. He joins a number of hand-selected Forbes Real Estate Council members who provide thought leadership and educational tips on the industry for publishing on Forbes.com.

Scott Gerber, founder of Forbes Councils, says, “We are honored to welcome Charles Thompson into the community of industry leaders. Our mission with Forbes Councils is to curate successful professionals from every industry, creating a vetted, social capital-driven network that helps every member make an even greater impact on the business world.”

For more information about Specialized Property Management, please visit Specialized247.com.

About Specialized Property Management

Specialized provides comprehensive residential property management for homeowners, investors, and institutional funds throughout the U.S.  Specialized Property Management was founded in 1984 and has been trusted by rental investors for over 34 years. The Dallas/Fort Worth company was acquired by Real Property Management in 2014 and consolidated operations under the Specialized 247 Property Management brand in 2018 prior to expanding its operations into new markets. Specialized247.com

About Forbes Councils

Forbes partnered with the founders of Young Entrepreneur Council (YEC) to launch Forbes Councils, invitation-only communities for world-class business professionals in a variety of industries. Members, who are hand-selected by each Council’s community team, receive personalized introductions to each other based on their specific needs and gain access to a wide range of business benefits and services, including best-in-class concierge teams, personalized connections, peer-to-peer learning, business services partners, and the opportunity to share thought leadership content on Forbes.com. For more information about Forbes Real Estate Council, visit forbesrealestatecouncil.com. To learn more about Forbes Councils, visit forbescouncils.com.

EXCITING NEWS FROM SPECIALIZED PROPERTY MANAGEMENT

We are pleased to announce that as of January 1, 2018, we are no longer affiliated with the Real Property Management Franchise and have consolidated all residential management operations under the new brand, Specialized 247 Property Management. The Specialized brand has been trusted by rental investors for over 35 years.

Our capabilities as a company have significantly expanded, and we are now positioned for aggressive growth to meet ever-increasing demand to support client investments in additional markets outside of Texas. As the preferred property management provider for several national industry leaders providing services to rental investors, we are quickly scaling in new regions. This has led to our recent launch in San Antonio, our official launch in Atlanta on April 1st, as well as the addition of new markets on the horizon.

This advancement is fueled by the development of our proprietary technology—an end-to-end intelligence solution that is pioneering new levels of performance for single family rental management. This platform offers our clients a new level of service, financial analytics, and decision-making tools never before seen in single family investments, regardless of whether the client is an individual with a single property, or an institutional fund looking to easily scale across multiple markets.

Further, this technology enables us to quickly acquire existing operators and reliably integrate large portfolios in real time, where traditional models would require several months. This capability provides an ideal, seamless exit strategy for firms who have found themselves unable to navigate the increasingly competitive landscape due to outdated models and aggressive pricing structures by competitors. We are actively looking for partners in major markets who manage a portfolio of 300-700 units who want to sell their company and become an operating partner within a larger organization.

Our executive team is comprised of experienced industry leaders who have played key roles in expanding property management operations into new markets while serving large, multi-market U.S. portfolios.  Together, the team and technology behind the Specialized brand is again raising the bar in residential rental management, and we are committed to staying at the forefront of our industry.  We are very excited for what is to come, and want to thank our amazing team members for their continued dedication, hard work, and unwavering commitment to being the leader in the single family property management industry.

Visit our locations online: https://www.specialized247.com/