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28 November 2022 | 29 replies
They give you a lot of flexibility which is nice but you should make sure to review it every couple years to make sure it's still performing how you want it to.
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29 April 2022 | 8 replies
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?
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11 June 2022 | 12 replies
Over time the performance of property was not very good (rent were down by 3% while in market rent were up 12-15%) and therefore I decided to let go of the property management company and start managing the property.
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26 April 2022 | 0 replies
These are material costs only as we will likely perform most of the work ourselves.
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5 April 2022 | 5 replies
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?
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22 May 2022 | 19 replies
If you know your target market and you are looking to hire a property management company, I’d suggest vetting them throughly early on as they will ultimately lead to the successful performance of the asset.
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9 April 2022 | 4 replies
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?
2 May 2022 | 8 replies
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?
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12 March 2022 | 15 replies
.- Our borrower performed for a year before falling behind.