Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

I do not have any 1 BR STRs/MTRs but I have seen annual STR rents based on bedroom count in both my market (San Diego) and emerald coast (one of the markets I have made offers) and the difference in the income is substantial between 2 BR and 1 BR.  

Determining whether the venture falls under a service or rental business hinges on the provision of substantial services; for instance, if a bed and breakfast service is offered, it must be reported on Schedule C, triggering a 15.3% self-employment tax.Moreover, personal use plays a crucial role in the classification of the property.

Here's how we can transform your operations:Compliance made easy: AutoOps ensures accurate calculations for complex pay structures, meets labor laws, and manages California CSLB Home Improvement Contracts (HIC).Customer Satisfaction at its finest: Keep your customers informed with real-time text message updates and offer contactless billing options for a smooth experience.Unleashing Employee Efficiency: Our software uses lean workflow design and automated task notifications to keep your team on track.Customization that fits your business: AutoOps adapts to your needs with customizable job reminders, reports, and data fields.We don't just sell software; we become your partner in success.

Just submitted an offer on a 6-unit property in Birmingham, AL.

Noticed it had been sitting for awhile so just went with making an offer, worst they could say is no.

I would be more than willing to offer Lunch for your help and be forever grateful for someone to give me the kick in the butt I desperately desire. 

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

I just got off the phone with PenFed; as of last month, they no longer offer the rental property HELOC loan product..

Offer a payment plan no longer than six months.If they don't pay, I send them to collections and assume I'll never see a dime.