To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Cashflow / rents will provide additional ROI but in our experience over a long hold time appreciation will always contribute more to your total ROI than cashflow.

Property has no "on-site" employees with exception of cleaning staff.

There would be a possibility of taking on third party clients at some point to offset our property management expense.  

We are just starting to plan our property investment strategy. 

View report*This link comes directly from our calculators, based on information input by the member who posted.

I'm aware that as we learn more our plans - which are more ideas than plans - will shift to align with reality.

My spouse and I are closing on our new home TOMORROW!

With our price target of around $1M, we potentially save 25k-30k (minus broker split) in commissions.My wife is uncomfortable representing us since I have no experience as an agent.

We just finished our second of three flips from the last year and just got it under contract.