I recently toured a property in Phoenix where solar power and water-saving features cut operational costs by nearly 20%.6.

These problems have completely evaporated in less than 24 hours.

A underwriting that i recently completed on an offer we made i used $600/month maintenance/cap ex and believe it to be as accurate an allocation as i could predict (4/3/1, 3100’, class a finishes).I use $300/month in my market on an attached 2/1/0, ~700’.  

The basic demo was complete and the property was ready for reassembly when we bought it, leaving fewer surprises.

Second, in terms of asset protection, LLCs are not invincible, but I think what many don’t understand is that they are not designed to completely shield your assets from liabilities, on the contrary they are designed to contain and isolate liabilities. 

When the housing market became seller friendly, I unloaded 5/6 of our long term rental units, paid off our house with that and invested in stocks and mutual funds…completely no fun, right??

I run Raise the Standard Real Estate in Milwaukee, WI and we focus on investors servicing them from building a strategy, completing the transaction, and assisting with property management duties.

A As I recall John our contract was fully completed with you.

The property will need to have a slight rehab to get it up to STR standards, but when complete it should easily be a $200k Gross booking revenue property.

thanks. you will spend more time trying to figure out whether or not its required than actually completing the form. it takes five minutes.