The government might want building facing a certain way or a certain parking ratio with greenspace that reduces down the monetizing building portion of your site.No legal advice given.

G'Day everyone,I never in a million years did I think I'd be writing this but life and business can be funny sometimes.So we hated property management for so long because it's a very "thankless" gig.Tenants complain things aren't getting fixed quickly enough and landlords complain that things cost too much to fix lolAnd the property manager is stuck in the middle.Long story short, we had to set up in-house property management because that was the only way in our opinion to have a successful turnkey operation.Fast forward 10+ years and "what do ya know"We love PM....The residual and predictable income.The recession "proofness" of the business model.The value it offers to both tenants and landlords.And off course the profit margins once you hit an economies of scale standpoint.We have also fine tuned our operation over the years to almost perfection and established ourselves as the #1 rated property manager in Toledo.Systemize, optimize and monetize is what we did.We are now at a point where we could like to focus on mergers and acquisitions.Yep, I kid you not lolI'd like to buy other property management companies that don't know what they are doing just like we didn't I guess for the first 3-4 years.Looking to stay close to home in Toledo to start.I spent some time cold pitching local companies but they are all too proud to reply in their incompetent management style and prefer to continue running a scam.Any advice from other PM owner folks that are more experienced/advanced than we are would be much appreciated.Specifically on how to find an owner interested in selling.Grazie mille for reading and I'm looking forward to your reply 🙏

Generally, they'll want collateral, and assuming you could give them collateral in Honduras, it would be extremely difficult if not impossible for the lender to monetize.

You now still have the $60k and you’ve got $200-500 per mo net cash flow and… you can do another… and… another… and….If uncomfortable with that and not wanting a major project a STR could be good but I personally haven’t done one (yet!).

Focus on HOW can I help an audience.... then focus on how you can monetize that help you give your audience... and then focus on how can you be the best at it, and then fopcus on how can you offer the best service... the money will follow, I promise you that!

Each is just so different, different pro's, different con's, which leads to which best way to monetize each based upon those.     

Appreciation is tough to monetize, you must sell or find a loan to get at your money and it is on someone else's terms.  

As I talked with people and researched I realized that being an Agent would allow me to monetize things more and also allow me to not worry about any "brokering without a license" issues.  

I’m just trying to monetize each lead since I’ve received a fair number of callbacks from the 99 letters I sent.

@Avery GoodmanAvery: Have you considered utilizing a monetized installment sale or something of the like to defer the taxes?