Quote from @Herrison Sitorus: Hi all,Recently got involved managing a rent stabilized property.

Self-managing can be a great way to stay directly involved, but it’s also important to consider the demands it can place on your time, resources, and expertise.I'm certain, you have experienced some real frustrations with that PM company, but a strong property management company that can align with your overall needs, can sometimes be a priceless investment when it comes to staying compliant. 

Unless you come from a corporate job that is involved in this field, it is not a place I recommend to start.

, not so much for the profit we are making, for all of the expenses involve that surpass our profit.

I’m planning to take my broker’s exam in the near future to expand my skill set and deepen my involvement in this space.I’d be thrilled to discuss the current state of the market, challenges, and opportunities, and to exchange ideas with others.

This quotes is only to remediate the mold it does not involve fixing the drywall afterwards.We are trying to get more quotes but unfortunately we live in Stillwater, Ok ( a small town) so most of the professionals have to travel about an hr. to get to us.Attached is the $11K quote – it seems inflated to me.

From there, talk to the involved parties.  

Understanding their urgency allowed me to craft an offer that met their needs while aligning with my investment goals, making this an excellent addition to my portfolio.

No agent involved.

Out of the many programs I've been involved with his is one of the few  I can truly say is worth the money. he's smart and knows RE.