
4 June 2024 | 10 replies
The advice give in normally very board, mainly because we don't know you personally and you need to keep you personnel stuff personal.

5 June 2024 | 10 replies
It's interesting that many of these VC-backed PMC's, despite having 10k+ properties under management, aren't doing well financially - one of them just merged with another industry-related company also not doing well.Just for fun, here's a partial list of PMC expenses that owners pretend don't exist:Office rentComputers, printers & softwareInternet & phone billOffice furnitureOffice supplies: paper, postage, ink, etc.Office liability insuranceAuto expenses: monthly payment, insurance, gas, maintenance, registration/plate feesBroker license fees: annual, monthly board & MLS fees, continuing education fees, E&O insuranceEquipment: lockboxes, signs, etc.Business income tax preparation and paymentsStaff payroll & payroll taxes Time Tasks: answering phones, calling past due tenants, scheduling tours, taking marketing pics, processing those pics, writing ads, researching rent amounts, posting ads, explaining to owners how rent determined & showing where ad posted, opening & processing mail, posting payments, bank deposits, scanning documents & posting to owner & tenant portals, explaining accounting to owners so they understand their monthly statements, taking pics/videos of repairs, finding reputable handymen and contractors, confirming they're properly licensed & insured and tracking annually, verifying repairs done properly, processing invoices for utility bills, repairs, taxes, city inspections, scheduling periodic property evaluations/inspections with tenants that don't want strangers in their homes, explaining to owners why something is taking so long, and more & more & more...OBSERVATION: many owners only want to pay a flat fee or 50% of a month of rent as a leasing fee - without realizing the repercussions.

3 June 2024 | 4 replies
I joined to learn more through reading the discussion boards and by offering my services to people in the DFW area.

3 June 2024 | 2 replies
Check with the stabilization board Nadeim or an attorney.

4 June 2024 | 9 replies
I've been on this board since 2010 and haven't found an example yet.

4 June 2024 | 5 replies
I've been on this board since 2010 and haven't found an example yet.

3 June 2024 | 7 replies
You could also post on the UF Jacksonville Boards.

4 June 2024 | 3 replies
I've been on this board since 2010 and haven't found an example yet.
4 June 2024 | 3 replies
I read on the message boards where Ohio and the Midwest still cash flow better than most places in the country.

3 June 2024 | 11 replies
Take a minute and think about what your overall goal is and write it out like a vision board and find out what it will take to get there.