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16 January 2025 | 7 replies
Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.
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17 January 2025 | 5 replies
Metron and Southern Water Management are two that we've been talking to.
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30 January 2025 | 8 replies
The only other options I can see are A) your mom partnering with you rather then selling the property to you - you become 50% owner and bring the funds and management to the rental while she provides the existing equity as her contribution; or B) your mom lending you the rehab cash out of her personal funds while also seller financing the house to you.
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22 January 2025 | 8 replies
From experience, finding a knowledgeable accountant is key for handling taxes effectively, especially when splitting expenses, claiming deductions, and managing depreciation.
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15 January 2025 | 2 replies
Hi, I was wondering if there's any good reliable places to market tenant in place + management in place properties.
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15 January 2025 | 24 replies
If you don't want to manage the property at all, you are losing money on the management when small scale management is not hard at all with a little help.
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12 February 2025 | 20 replies
Finding the right GC, broker/real estate agent, and property manager is key in most deals.
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17 January 2025 | 23 replies
That is a good thing but if you have never managed it can still go sideways.
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21 January 2025 | 11 replies
If you’re looking for steady rental demand and manageable property prices, it’s worth considering.Best of luck with your search!
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21 February 2025 | 182 replies
Now that I am losing confidence in B2R, I am also concerned about the property management service that they are offering.