VRBO is having a bit of a glitch right now and loses connection at times.  

At this point in time, I’m losing money.

Have you ever heard of a Landlord being sued by a Tenant and losing property?

The challenge is free, so there’s nothing to lose—except maybe a few missed deals if you skip it.👉 Reserve Your Spot for FREE Here!

I have a mid-term rental in Southern California near the beach that is consistently losing money each year.

Now investors, especially the newbies, are chasing returns by going after higher risk investments - many NOT really understanding the true risks.Many more investors will be losing money and choosing to liquidate real estate - which will be buying opportunities for the better prepared investors.

The Chicago Association of Realtors'® specifically state "When you become a Dual Agent, you owe equal fiduciary duties at that point to both parties in the transaction, and you lose the ability to negotiate for, strategize and advise either one."

Even if they could save 5-10% on that $800 bid, which is $40-$80, if it took more than 1-2 hours they'd be losing money doing it because their time is worth at least $40/hour.In our opinion, it really depends on the level of urgency and the size of the bid.The more urgency, like no hot water, the less time the PMC has to get multiple bids.The bigger the bid, the more likely it is an owner should expect multiple bids.An owner has to be realistic, understand and accept these limitations. 

Wrong Property Management ApproachIt doesn’t matter how good the people who are doing the property management are, if they are not using a property management approach designed for co-living, everyone loses.  

This means that not only do we lose the unpaid assessments, but we may also owe the management company the continually increasing pile of late fees.