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Castle has its origins in the summer of 2013, when we bought our first rental property: the beautiful house you see above, in Detroit’s Virginia Park Historic District.
We searched for a management company to help us with our new investment, but despite talking to dozens of companies, we couldn’t find a single one whose interests were aligned with ours. And we weren’t the only ones—our friends in the rental investment community all had similar complaints.
As investors, our goal is to generate high returns for ourselves while providing our tenants with a great experience, but there weren’t any management companies that had structured their business around generating returns for investors. In fact, by marking up maintenance and profiting from turnover and evictions, they were set to profit when our returns went down.
We started Castle with a new goal in mind: to provide intelligent, investor-driven property management to real estate investors around the world.
Since then, we’ve become southeast Michigan’s fastest-growing management company, with 600 units under management... and counting! We’ve been recognized by Curbed, Fast Company, and Recode (among others), and featured in an award-winning documentary.