
17 October 2024 | 20 replies
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!

15 October 2024 | 2 replies
You'll also find some clients that like to juice the commission on performance metrics, similar to what you posted, but that is also relatively rare as most owners feel if they're paying you north of $300,000, you should just try to get top dollar with strong terms.

17 October 2024 | 12 replies
@Phil Petite, again, I only mention this, not to convince you to do something different, but to make sure you are looking at it eye's wide open.Section 8 does not provide any additional security.

12 October 2024 | 9 replies
State costs vary, but more or less should be +/- $750-1000 to get obtain your NMLS mortgage license (with courses) and most states permit dual licensing in which brokers can be legally compensated on both sides of a transaction.I'd be very cautious about performing dual capacities in any single transaction for two reasons: 1.
17 October 2024 | 15 replies
This way, you could perform a cost segregation study this year and benefit from a higher bonus depreciation rate of 60% for 2024.

16 October 2024 | 9 replies
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, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

16 October 2024 | 14 replies
They will charge extra for any extra work performed, but it could be much more beneficial than tying up that much equity in a partnership with someone you don't know.Also, if you ever do have a partnership, spend the money on the front-end with an attorney to get a sound operating agreement that makes the divorce less messy if it comes to that.

16 October 2024 | 13 replies
I talked to our client about evicting the non-performing tenant.

15 October 2024 | 12 replies
I would like to learn :- more about identifying a potential market to invest in- how to perform a Cash on cash analysis on those markets to assess a positive cash flow within the US/Hawaii- open to markets within the US/HawaiiThank you @Scott Trench Best, Reeti

14 October 2024 | 9 replies
In this particular thread, I only answered his "how" question.