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Property Management Ripoffs? What is Your Experience/Opinion?
This morning I received a call from a real estate buyer who wants to buy a condo in Daytona Beach Shores or Ponce Inlet. He had found my web site and wanted to get setup on our automated MLS program, that will send him listings via e-mail. It's a fantastic feature in the the Daytona Beach area MLS!
As I was speaking with this real estate investor, we were discussing his options, his criteria, his past real estate experiences, etc... normal real estate chit-chat. Then he mentioned something that got my attention. As we were talking, we were discussing how we were going to find him a condo with ocean or river views that was NOT a "condotel", that would allow him to rent the unit for a term shorter than 30 days. That's a tall order around here since the year-round residents don't want their buildings to be too transient. The longer someone stays in a unit, the better the care they tend to take of it.
Moving on to the title of this post... this particular real estate buyer owns a few properties that he rents out and manages himself. All he needs is a few names and numbers ... more

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