2. Introduction Appointed CEO upon formation of HomeRiver Group (“HRG”)
Andrew L. Propst
MPM®, RMP®, CPM®
Chief Executive Officer
Appointed CEO upon formation of HomeRiver Group (“HRG”)
Managing properties for 17+ years for three property management companies
Joined Park Place Property Management as President and part-owner in Helped grow that company from 150 doors in 2008 to doors today.
Member of NARPM® National Board of Directors since 2010 serving in multiple capacities before becoming NARPM® National President in 2015
AKA “DJ WAFFLZ”

3. Company Overview
Holding company for mid-size and large regional property management companies specializing in single family rentals and small, two- to four-unit (townhouses and condos), multi-family rentals.
Build-up of regional operators specializing in SFRs to create a national 3rd- party PM company in U.S. with initial operations in Florida, Idaho, Tennessee, North Carolina, and Indiana
Principal services to owners include full-service PM, leasing, maintenance, sales/brokerage and construction (rehab).

4. Ten Locations, five states,
8000 doors

5. Capital Partner Strong values Invest in service based industries
Realogy Roll-up

6. Go Forward Strategy
Platforms – Acquire mid-to-large size property management firms across the country, keeping senior management in place.
Unique equity rollover opportunity (part of purchase price paid in HRG shares) to keep operators engaged, while diversifying risk via a national platform and deferring taxes till ultimate exit
Portfolio – Acquire management contracts of existing companies; empower local operators to make multiple portfolio acquisitions annually.
Branding – Rebrand local companies as HRG; roll out national website and marketing
Best Practices – Identify and apply regional best practices across the national footprint
Centralization – Capitalize on synergies and economies of scale throughout the country
Investment Management – Provide investment and management advice, and potentially capital to investors