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!

Their entire business plan is wait a few days to come out, charge  deductible, go back to the office to order a part or two that will come in a day or two.

This is a business.

S8 is the business of last resort.

Hi @Nancy Cho happy to connect and talk business.

Our business model is built around working with investors to find them great returns and I would enjoy a conversation around what you are trying to do.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

How do other regular condos perform versus them? 

Dump the thing and either hang on to the cash while you find a performing asset or 1031 into something that does perform.

After six months of STR performance, transition to a DSCR loan or portfolio lender refi for better terms.2.