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, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

You may know this already, but out-of-state investors are also sometimes surprised by Texas’ “high” property tax rate (but no personal income tax).  

Now the debate of where rates "should be" would be based on the quality of product each person/owner offers. 

Personally I would do a water change after every guest.To decide if the hot tab is a value add, look at your competition.

Hi Kathryn - I personally would have no problem sharing insights if another host or soon-to-be host reached out to me.

As someone who built a 200 plus portfolio of SFRs ( section 8) I can attest that for ME Personally.

Keep personal and business finances separate.

@Dave Kush  I personally invest in higher end stuff on the Northside of the city so there is less distressed to choose from, but the payoffs are bigger when they hit.

We've zeroed in on high-potential markets across the Southeast and Midwest, especially in Florida and Ohio, where multifamily, single-family, and industrial properties are flourishing.Here's why our Strategic Fund could be the perfect fit:Proven Track Record: SMARTLAND's team has a knack for finding properties that deliver reliable returns, thanks to years of experience and expertise.Comprehensive Strategy: Our fully integrated model takes care of everything—from acquisition to property management—so you can focus on building your future while we handle the heavy lifting.Innovative Technology: Our proprietary underwriting model and data-driven insights guide us in finding the best investments so your money works smarter.Transparency and Partnership: We invest alongside you and provide detailed reports so you always know how things are going.

Just did this recently when transferring our STR from a PM to our direct handling.