Property Management is a tough business made up of various challenges that affect the managers and their ability to perform.

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!

Most people refer to the proximity of certain stores, crime, and high-performing schools.

It's pretty exciting and we're still in early innings.Happy to discuss the market there and share some resources about the progress, my own portfolio's performance, etc.

Seems like I should just accept a poor performing investment and wait.

Value add, which means a non-performing asset wouldn't even achieve a yield on cost of 7% after rehab and brining it up to performing status in Dallas.

Cashed out about half the properties this year, and keeping the other half that are the best performers.

I'm not sure that someone's past performance in the market will be helpful if you are trying to assess your potential future performance.

Along with the "closing coordinators", the "transaction coordinators" perform a specific set of tasks in the overall process. 

The highest-performing STRs now create amazing experiences through their design, making the property itself a key part of the vacation!