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!

With their lease renewal coming up we'd like to include a flat rate for their Water Sewage and Garbage (WSG) portion of the utilities.

The “effective rate in the amortization schedule starts to balance out”This is a misunderstanding of time value of money and amortization.  

S8 HAP contracts only state that S8 pay $x rent on behalf of the tenant as long as the tenant, home and landlord meet the eligibility requirements.

But that is just with our occupancy rate, posted rules and extra fine for breaking said rules (spilling drinks, food, dirt, etc.).But only you will know how often it needs to be done.

I run a BP investor focused meetup for the Wilmington area - we meet on the First Tuesday of every month at Mad Mole Brewing.

There are many groups that meet across the country.

If you paid $300k and sell for $850k…If you owned it less than a year, $550k of regular income at full tax rates state and federal.

Make it part of the rental nightly rate.

Implementing risk mitigation measures like fire-resistant materials, updated electrical systems, and security systems can help negotiate better rates.