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27 September 2024 | 11 replies
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!
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28 September 2024 | 6 replies
My suggestion would be to select someone with the most forum posts or most reviews.
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27 September 2024 | 1 reply
Although there are best practices, everyone prefers to set it up with their own unique flavor.
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28 September 2024 | 12 replies
Also, in many cases you must work off of an approved vendor list which means basic repairs can be more costly since you are limited in who you can select.
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27 September 2024 | 9 replies
I would recommend negotiating performance-based bonuses rather than commissions, ensuring that their focus aligns with your revenue strategy.Given that you are looking to expand your property with an in-house store and unique theme, a property manager focused on tailored guest experiences rather than just bookings would be more beneficial.
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25 September 2024 | 4 replies
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!
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25 September 2024 | 4 replies
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!
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28 September 2024 | 14 replies
Each deal is going to have its own unique pluses and minuses, and in reality it is all about risk and reward.
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26 September 2024 | 0 replies
Given that this deal was unique due to the inheritance, there wasn’t a traditional negotiation process involved.
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25 September 2024 | 1 reply
SupplyLas Vegas is unique because it is a tiny island of privately owned land in an ocean of federal land.