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7 September 2024 | 0 replies
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7 September 2024 | 7 replies
Because the PMC industry is low margin, you need efficiencies to actually be profitable.Good luck!
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6 September 2024 | 0 replies
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7 September 2024 | 19 replies
The market is efficient so where illegal immigrants are will causing housing prices to go up which will cause the efficient movement of people to less expensive housing which will cause that housing to go up which will then push people out again.
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6 September 2024 | 3 replies
Assuming they are leasing and managing it efficiently.
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6 September 2024 | 22 replies
They are very efficient and affordable.
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5 September 2024 | 11 replies
Later on in my investing career when I have less time to deal with the day to day I will hire a PM and have a good understanding if they are running my property in an efficient manner.
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6 September 2024 | 9 replies
For long-term rentals, though, an LLC is generally more tax-efficient.
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9 September 2024 | 23 replies
But now managing my own stuff and now managing for other people, property management companies aren't these huge profit centers unless the company has crazy efficiencies or they nickel and dime for you for every last thing.
4 September 2024 | 2 replies
The reason I looked at cash flow from operations divided by rental income is that it should show efficiency in getting cash flow compared to your rental income.