16 September 2021 | 3 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
14 September 2021 | 4 replies
How does that vacant unit compare in sq footage to the other units?
14 September 2021 | 7 replies
@Allen McGlashing, looking around, gross rents for comparables is around $60K
14 September 2021 | 2 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
15 September 2021 | 20 replies
@Steve Adler Since it’s more than 4 units the deal we would base the deal on the numbers instead of comparable’s.
16 September 2021 | 1 reply
They will figure a average cost per sq ft around your local area, and then compare your house to those.
20 September 2021 | 1 reply
Jeff, just wondering what the cost of building looks like compared to buying?
21 September 2021 | 2 replies
The main reason is that property values are still relatively low compare to other major cities.
22 September 2021 | 7 replies
@Baird King if it is a duplex or < 5 units they will assess it on comparables.