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?

It’s not just about managing assets, but people too.Market Reputation – Always perform due diligence and assess the firm’s track record through interviews, property visits, and broker consultations.Choosing a firm with these qualities ensures better management and long-term success.

You can edit it, but be careful to not get too cute, the quality of your contract is the quality of your deal.2.

I recognize most accountability groups (exception for the one mentioned above) cost less than $40k (however the cost is annual, versus the mentorship/training is one time), but why is it ok to pay for an accountability group and not a mentorship/training assuming the mentorship/training is decent quality?  

I used to use the 2% (and now 1%) rule just to initially screen properties quickly to determine if they should cash flow (as a rule of thumb).  

The best practice is to learn how to screen well.

@Sephr BemanpourRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Do you have screening criteria?

Hi,How does one find "quality" equity investors for class B or C small multi-family real estate?

The Richest Man in Babylon by George Samuel Clason: “To attract goodluck to oneself, it is necessary to take advantage of opportunities” “Men of action are favored by the goodness of good luck”One of the most important qualities that I see in successful individuals is that they take action.If you do nothing, nothing will happen.Where do you need to take action in your life?