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20 January 2025 | 2 replies
.- PM is contractually obligated to perform annual maintenance/inspection to keep property in top shape. - PM provides a cash based accounting report every month, for every unit under management, that clearly labels all rent, all expenses, including management fees, and the net directly ties to the amount of money deposited into my bank account.- PM is a licensed handyman, or has them on staff, and takes care of most unit turn work at a reasonable rate. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000.
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22 January 2025 | 4 replies
I self perform most of my construction at this point and find it very difficult to make ground up construction pencil in Philadelphia unless I am selling for $400/ft.
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2 February 2025 | 9 replies
I'm a huge fan of San Antonio as an STR market, but it is, like most "mature" markets, very sensitive about WHAT performs well.
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20 January 2025 | 7 replies
Hey @Sidney Duquette so I am not a fan of buying properties that can't perform with the hopes that it will build equity to offset the losses.
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28 January 2025 | 13 replies
Show a solid performing AirBNB and then punch out a list of prospecting for arbitrage and also promoting yourself as a co-host.
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28 January 2025 | 11 replies
That will buy you some time to get more capital together, and you know that money will be used to perform the job.
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16 January 2025 | 1 reply
The client gets to receive the home as a performing asset with built-in property management in place so the entire process can be smooth and enjoyable.
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18 January 2025 | 4 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!
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27 January 2025 | 7 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!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2464568/small_1736557246-avatar-brianc1003.jpg?twic=v1/output=image&v=2)
21 January 2025 | 20 replies
Selling an existing, well-performing asset has some risks.