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!

I bought a non performing note, the borrower sold the property sub-2 where the new buyer reinstated the loan but because of the transfer I am calling the due on sale clause.

Go talk to the the current PM....ask them about property performance, asked about rent bumps on upgraded units, ask about the competition and go visit. 

This assures them I'll attempt to perform on their court while reciprocity guarantees me another agency that works with investors(also an ice breaker i.e.

Considering what I pay for Stessa, I expect top-notch performance and reliability.Despite these challenges, I'm optimistic about Stessa's potential.

I've gone through the process of shopping out a loan for the property and it was decided that I'd go with a loan originator who initially told me the interest rate would be anywhere from 5.5-6%.

Look at census data or local reports.Explore the Neighborhoods:Amenities: Properties close to schools, shops, and transit tend to attract more tenants.

It's always good to shop around for rates and program options

Here are the four things I order  1- BPO (150.00)2- home inspection (350.00)3- pre-lim (225.00 maybe free)4- appraisal. (500.00) That 1225 tells me everything I need to know and I’ll kick the deal at each stage if the numbers don’t perform. 

I'd be happy to talk shop with you, feel free to reach out and best of luck this season!