Rarely does the spreadsheets pro-forma you are likely relying upon accurately depict the true costs of ownership.

Rentometer I've found to be pretty accurate across the USA.

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.

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.

Is that accurate?

Quote from @Devin Conley: The Reno market does appear to have slowed down a bit this year, but honestly numbers are not totally unusual for the time of year.e.g. monthly absorption rates are down YoY from 33.4% to 29.1% But other key stats like price drop rate are look typical and are actually slightly better YoY (down from 31.7% last August to 29.9% this year) It's not crazy unusual, but August did have some notable things that you don't usually see in an August, like 11% of homes coming off the market unsold, 31 DOM, double last year, and 3.6 months of inventory is the highest August I see in my data, which goes back to 2015.IDK if my personal opinion is necessarily accurate, but I've never paid too close of attention to the price cut rate.

Parking is a big deal, especially with how expensive it can get.I manage properties too, and this is exactly why I make sure listings stay clear and accurate.

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.

This means your NOI will be much lower than $121,086 with accurate expense ratio (likely 35%).

Hey Carlos, the most accurate comps come from MLS, either having access yourself or working with an investor friendly agent who can run a CMA.