All Forum Posts by: Kornelius Friske

We have a STR located in peoria AZ. it's 6 beds (garage conversion) and about 3900 sq ft in total. our energy bill last month was $450 and has been hovering in the $350-$450 range since we went live in august. We do have a pool but the heater hasn't been on until last month.

Is this normal cost or high? It seems incredibly high but we aren't familiar with the phoenix area. Also we've averaged about 10-15 nights of occupancy over the last few months. 

any input appreciated. 

Thanks,

We are looking at buying investment properties where one family member will be the "capital partner" and the other will be the "boots on the ground" or project manager. Does anyone have any experience with this? 

Curious what type of splits people have come up with or recommend on revenue if we are treating it like a PE deal. 70/30, 60/40. 80/20?

Your thoughts and input are greatly appreciated!