Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

So depending on how good the numbers are and if seller accepts my clients aggressive offers play heavily into the strategy.

I do feel foolish for not understanding that all the deductions that real estate has to offer, could only be used against real estate income.

Listed the property for $1,259,000 offer came in at $1,279,000.

Got this note from VRBO today:Dear Partner, We are writing to inform you that effective July 1, 2024, California Assembly Bill 537 will prohibit advertising, displaying or offering a rate that does not include all fees or charges required to stay at a short-term lodging (except taxes and fees imposed by a government on the stay).

Multiple offers are now the exception, not the norm.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Housing providers now required by law to offer lease renewals to tenants, and other major impacts of HB 24-1098.Grace Property Management is not an attorney firm, and this is not legal advice.

I would see everything in my buy box up to 200K and make offers that made sense to me. 

Legally she's just a roommate anyway.Just don't combine 'partners' and a househack 👍