Time is money in the service world and you should expect a base charge if a PMC has to send a ServiceTech to fix something that truly only take 10 minutes to do.

Investment also spiked in Class A Short-Term Rentals (STR) and investors started paying higher and higher prices based upon anticipated STR rental rates, that exceeded sustainability based upon Long-Term Rental rates (LTR).

In the meantime I would touch base with lenders and get the financing squared away.

On a commercial asset the value is directly based on the NOI (net operating income).

Make sure your photos are professional, your description is engaging, and you’ve set competitive prices based on your local market.

As others said out of state can be more challenging based on location but local or out of state both can be done. 

Lots of folks are pulling out cash based on the appraised value for their next projects and holding for a few years to benefit from appreciation. 

Tallest ceiling height you can get away with.

MarttiHi Martti, I’ve done BRRRRs in both Columbus and Cleveland, but I’m based in Columbus.

The buyers did a long inspection, multiple days... made a huge request for concessions based on what we knew to be purely made-up issues.