ACME Portfolio - New Property Minimum Requirements

What does it take to be an ACME Property? What do we look for?

First Questions to Ask Yourself:

  • Does it Resonate with ACME Guests? Is it Tastefully decorated?
  • Is the Owner(s) going to be happy with our projected Revenue?
  • When did the Owner purchase it? If during pandemic, is their revenue goal realistic?
  • Is the property actively for sale? If so, we probably shouldn't sign it.
  • What is motivating the Owner to rent/switch management? Are these reasons we can address effectively?
  • Do they like our system? (Pricing / 360 Service Bundle / Annual Tune Up)
  • Can we be friends? Do they get it? Are they going to be good Owners to support? 

Second Questions: Qualitative

  • Is it in our service area? If outside Palm Springs, can we book it and service it?
  • Qualitative - Pool, Spa, Fire Feature, Nice Bed/Bath Mix 
  • No 4/2's only see as 3/2's 
  • Condos - Call Box? - Can we work around it? 
  • Condos - Security an Issue? 

Third Question: Revenue Projections

  • Homes Dollar Threshold - $45k Minimum Projection
  • Condo / 30+ Day Threshold - $17k Minimum Projection

 

If Followed then - Ask for Forgiveness vs Permission