That's why it's always necessary to select the correct type of entity for your business.

On our first deal together, Kris flew out to Florida and hand-selected the property.

The city’s economic growth, coupled with its affordability, often results in good rental yields and potential for property appreciation over time.Of course, every market has its unique characteristics, so it’s always good to do thorough research and consider partnering with local experts.

Even if we are never compensated we definitely want to put this on the record for others or at least for the MREC.We own several units in other states and self-manage but want a PM in Baltimore because it is a unique city.I'd love to talk to you about our PM needs and I'll send you a message. 

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!

Remember, unique amenities can make all the difference in a crowded market, so the more you add, the more you will stand out, and it will pay off.Utilizing a dynamic pricing software is crucial for ensuring your property is always competitively priced, maximizing bookings and revenue.

Select people you want to work with and contact them via PM.

They can take time with their search and be more selective about a property’s location and condition.

Selling them together at a 9% cap rate would likely be successful as 8 units are unusual and the price point ($775,000) makes them accessible and unique for someone with a smaller amount who is getting started in bigger buildings What made you interested in investing in this type of deal?

Selling them together at a 9% cap rate would likely be successful as 8 units are unusual and the price point ($775,000) makes them accessible and unique for someone with a smaller amount who is getting started in bigger buildings.