I can share resources like a neighborhood-graded map and contractor rolodex with you!

You can take advantage of all the great resources here to learn more.

Assets identified in this study include:Permanent Fixtures: windows, doors, bathroom fixturesStructural Components: Roof construction, drywall, wood framingBuilding systems: water heater, electrical distribution, HVAC, plumbingInterior Construction: Wood flooring, stairs, ceramic tileThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.

Here's how you should allocate your time (and in this order)1. 99% of time developing your business plan/idea2. 1% of time thinking about the LLCMany people get caught up on the purpose/use of an LLC and don't spend enough time thinking about how to make money. 

A helpful tip is to create a budget that allocates money for both savings and guilt-free spending.

Looking for some advice/resources on cleaners as well as the best route to satisfy the resident agent requirement for an STR in the Dells. 

What are some great resources, websites, etc that you used or use for passive investing?

(Originally from CT/UCONN grad) Here as a resource!

Local Resources: If you’ve invested in any of the markets you recommend, do you have suggestions for property management companies, lenders, or agents who are supportive of first-time investors?

Trust them and trust their work and their word, but when you can, verify it has been done and lines up with their word.I think something that sets PM’s above and beyond from others (especially in STR) is a group that is resourceful and has good local connections.