All Forum Posts by: Mei Li

@Paul Cox

Hi Paul, my property is located in Ocean City, MD. So my situation may not apply to your market, but here's for your reference:

They are charging me 15%, which is very competitive in my market. Vacasa assigns one owner relationship manager to help you with on-site stuff. For any other requests, you can directly call their customer support portal, which always get connected during their operation hours (6am - 6pm PST, 7days a week), according to my experience. There's an owner portal where I can submit request such as changing the light bulb etc. That typically get taken cared of within a day or two.

My biggest problem with them is that each manager is handling way too many properties (mine was handling 150+), that they may not provide a timely/customized service to you. That posts a big challenge since I'm an out-of-state investor. Things like mailing and setting up a new set of kitchen wares may be difficult to coordinate.

Other than that, I'm in general pretty happy with them.

@Dana Boyd

I work with Vacasa and I believe this is the case for majority of 3rd party management companies: they will collect payment for you, and deduct their % of management fee before distributing the revenue back to you.

@Kenneth Garrett

Hi Kenneth, thank you for providing concrete examples to a very generalized question!

Hope you all having an amazing day. :)

This is a very open-ended question. Let's say there's a listing of fourplex. Building is 80 years old but recently remodeled and looking like new both interior and exterior.

My question is:

1. How do you define low-quality, standard, high-quality construction/remodel work? (This can be qualitative or quantitative)

2. What 3 questions would you ask to get a quick and rough first idea of what quality of work the property is?

Any comment is appreciated!

Happy to make friends and learn from one another. Feel free to send friend invite.

Best,

May

@Khaled Morad Hi Khaled - I’m looking to provide seller financing for selling my property.

Looking for an agent with experience in seller financing in Tampa, Florida.

The agent needs to have been in the industry for at least 3 years, and has done at least 10 deals involving seller financing.

Thank you!

@Sheri Fluellen Thank you Sheri, I didn’t know energy audit exists so really appreciate your mentioning it. I got it scheduled and we will see where it goes.

@Nathan G. Definitely, thank you for your suggestions Nathan - I’ve talked with a few neighbors and this cost is indeed too high - calling for an energy audit and hopefully I will get more information.

Dear fellow property owners, I would like to ask some question regarding winterizing your property:

I’ve got a Ocean City, MD condo with only wall/window AC units. Heating during winter is completely dependent on electricity. I’m not able to shut off water since the whole building share the same water shut. I keep 2 wall AC units on at 62 degree, and my electricity bill is running around $7-10 per day - this sounds way too much.

Do you have similar experience? Does my electricity bill amount sound normal? What is your practice during winter with regard to protecting your water pipe?

Thanks for sharing in advance!

@Austin Palacios Hi Austin you are absolutely correct. If in the end we couldn’t find anyone trustworthy, we will simply let a broker handle everything.