So, owners mistakenly think price is the only differentiator – and look for a PMC like they’d shop for groceries☹We encourage you to learn from the mistakes of others by reading posts here on BiggerPockets from owners that picked a PMC solely by price and regretted it.We recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Even if someone gives you a referral, do NOT make the mistake of assuming that just because a PMC met their expectations, they’ll meet your expectations.

Put yourself in their shoes.

@Christian Orozco If I were in your shoes, about to invest $800K into multifamily real estate, I’d start with one solid property instead of several.

What would you do if you were in my shoes?

My parents built a decent rental portfolio over the years, but they did it completely on their own years ago, so I don’t have any existing contacts, mentors, or network to lean on.If you were in my shoes (limited income, basic business knowledge, and good with your hands) what kind of full-time job would you go after to learn the ropes and move closer to doing flips or BRRRRs?

So, owners mistakenly think price is the only differentiator – and look for a PMC like they’d shop for groceries☹We encourage you to learn from the mistakes of others by reading posts here on BiggerPockets from owners that picked a PMC solely by price and regretted it.We recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Even if someone gives you a referral, do NOT make the mistake of assuming that just because a PMC met their expectations, they’ll meet your expectations.

Holding any asset in an entity as opposed to personally MAY limit potential liability solely to that entity and not expose other personal assets.  

So, owners mistakenly think price is the only differentiator – and look for a PMC like they’d shop for groceries☹We encourage you to learn from the mistakes of others by reading posts here on BiggerPockets from owners that picked a PMC solely by price and regretted it.We recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Even if someone gives you a referral, do NOT make the mistake of assuming that just because a PMC met their expectations, they’ll meet your expectations.

Whereas this is your first post on BP it seems that you created your Bigger Pockets profile for the sole purpose of making this post.  

Like 200% over on revenue and spoke with others who based their entire purchase off AirDNA projections only to have them fall way short.I would be curious to know how many of these people relied on it as their sole underwriting tool and used a flawed comp set, like what @Andrew Steffens listed above where it pulls from the beachfront houses while you are 3-4 blocks back.