There are some connectivity issues with it, but overall a good product.

And the above examples I don't think are good analogies - renting a crane and using it for other productive work is not the same thing as renting something and just pocketing the middle man fee.

There tons of old duplexes that need renovating, and vacancy rates for a nice product are very very low like 1-3%.

I urge my fellow lenders to utilize the power of google before they try and put borrowers into less advantageous products like DSCR loans. 

There are some products out there that will go to 80 CLTV but pricing will be much better at 75%.

There is a price discount, and your sales rep will inform you of "specials" on products you may be interested in from time to time.

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!

In 2020 and for about 3 years thereafter, self-managing was a cinch, because you could do a really poor job and still be flooded with business.

This lack of accountability and poor customer service has been unacceptable.Overall, I regret choosing Nomad Lease and would caution others against using their services.

Was the property well managed, or poorly managed?