To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

For those of you looking for accountability opportunities, and small group masterminds I encourage you to join me at Momentum 2025, it's an 8-week summit with weekly virtual courses and meetings.

I attend seminars, and real estate meet ups, as well as work with my local housing authority to keep up with the local tenant landlord laws. 3) We did all of our own maintenance.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

In your contract with your agent, you can say that you are not willing to pay above the offered commission or agree to a minimum and have your agent let you know if a home is not meeting that minimum.

It’s a great way to meet local demand while creating steady cash flow.

Set your boundaries in advance, and if the deal doesn’t meet your criteria, politely bow out.

I’d love to meet you.

It's a new resource from BiggerPockets that helps you find reliable property management partnerships and gives you everything you need to make confident hiring decisions:-Expert Matching: Match with professionals who meet your criteria-Extra Assurance: See licenses, experience, ratings, reviews, and more that can be cross-checked with BiggerPockets members-Bonus Content: Plus they'll send you an interactive workbook: “How to Interview Property Management Companies”Hope this helps!

If you're not having any luck with mortgage brokers (I'd search out the ones who specialize in investments), then go to your local REI meeting.