Thank you for your service!

We've been with our PM for 5 years and we're seeing a decline in their services so I think it's past time to get out in the market and see what our options are for a new PM.

The key issue is when the property was considered “placed in service.”

Tenants are entitled to a rent reduction so your strategy might be a raise and reduction for reduction of services but also consider if there any real estate meetups or landlord associations you might tap for local advice. 

.• 75% LTV — The “industry standard” for BRRRR refinances.This tends to be the sweet spot where:– You recover enough capital to recycle into the next project– Debt service stays manageable– Cashflow remains positive even with today’s higher rate environmentA lot of Triad investors settle here because the rents usually support it.• 80% LTV — Only works when the rehab is tight and the ARV is rock solid.You can pull more cash out, but:– DSCR compresses fast– Cashflow can get thin– Appraisal risk becomes much higherMost investors only go this high on lighter rehabs or when the numbers are extremely predictable.In short:70% = safest,75% = most common,80% = possible but narrow.Always interested to see what other markets are trending, but these are the ranges that consistently work for BRRRR investors here.

What licenses do you have, or are you providing tenant placement and property management services illegally?

So I changed it to one star and stopped engaging with him.Just because he’s a lawyer, he thinks he can save money by cutting customer service costs.

For many, it’s not.That said, an advisor is still better than doing nothing at all—you just don’t want to pay for a service you don’t truly need.

Just want to know if and what services do you recommend to use when looking at properties for possible income if doing STR.

Additionally, understanding the needs of your clients and providing exceptional service will help build long-lasting relationships and a stellar reputation in the industry.