
3 October 2024 | 3 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!

4 October 2024 | 14 replies
I just made an excel model and you're right!

3 October 2024 | 6 replies
I think the major branches of STR that owners need to know are -Financing, Market Research (you technically have it already in Cape Coral), Property Selection (what makes good STRs, regulations, analyzing, etc.), Designing and Furnishing (amenities, design, theme, linens, etc), and operating (Insurance, Property management or self-management, Tech & Tools, Cleaners & handy people, etc)All of these could be covered depending on who you work with that can cover each topic.

4 October 2024 | 5 replies
Whichever you select must apply to all assets in the estate.But you still get the new basis at time of death, regardless if it is sold within 6 months.

4 October 2024 | 2 replies
Excellent, thank you Kevin.

4 October 2024 | 11 replies
My suggestion would be to select someone with the most forum posts or most reviews.

3 October 2024 | 1 reply
It’s definitely still possible to make the numbers work with a Cape Cod rental, but you’ll need to be selective.

4 October 2024 | 4 replies
Wayne - Perhaps you could share some of the analysis (in excel) to understand more about the numbers.

3 October 2024 | 3 replies
I have limited knowledge of Sub To deals, despite Pace Morby's excellent efforts to make Sub To well know (Sorry, Pace, it's me, not you!)