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, they often select the first PMC they call or that calls them back!

Let them know you are shopping and tell them to give you their best offer (all on the same day), and state you will go with whomever can save you the most money. 

Honestly, it offers more features than some of the big-name PMSs out there.

Some of your requests may fall outside this manager’s standard practices, and customizing services for each client isn’t practical for most PMs.

You’re probably thinking you have to offer asking price – not true!

On the other hand, many landlords were able to obtain low mortgage rates during the historically low interest rate environment during the Pandemic, allowing them to offer a much more attractive housing cost to renters.

Analyze the property and determine what price you are willing to pay, then offer that amount.

It wouldn’t work in a red hot market like we had a few years ago where everything was selling super fast, but in todays market there isn’t as much urgency to see properties and get offers in immediately.  

Note: The BiggerPockets Calculators do not offer me what a goodl ol' fashion Excel spreadsheet might.

He offered to sell it to me with owner financing for $400,000 and only required 10% down, so I jumped on it.