The process protects both their system and users against fraud and aligns with banking regulations, especially given the financial data involved in property management.

The key is to standardize property quality and management systems, which would appeal to buyers seeking scale.If you’re thinking long-term, holding these properties for cash flow while leveraging local appreciation is also a strong play.

The systems makes this easy for you to do.

Zoning, buildouts, service contracts, advanced mechanical systems etc. none of which are encountered in residential.

I enjoy teaching BP members how to use the system to save more money by using programs and taking advantage of loopholes.

Since 2022, rents tracked through the MLS system for the Charlotte Metro area have steadily dropped.90 Days of InventoryWe currently have 90 days of inventory on the market, a trend that’s persisted for five consecutive months.

I never give the system or the prepped documents. 

Security systems are easily outsmarted, that’s the point of the initial visit, to case the joint. 

. - Your portfolio will suffer:(You want a PMC that has great systems in place, including a great portal where you can keep tabs on eveything.You will also need to manage your PMC on a regular basis.

It was a good learning experience, but it made me realize that staying away from major rehabs (for now) might be the best move until I have a more reliable system in place.That said, having family in the area like your sister and brother-in-law is a huge advantage!