So for non-recurring expenses i think you would just build up a contingency fund with the money from your 50% allocated towards expenses.

This involves: Providing capital in a timely manner for pre-approved deals.Ownership is allocated in the following way: The asset manager owns 20% of each property.The other 80% is owned by those who provide the financing for the deal, with no distinction between leverage and cash.Partner’s percentage of interest in the company is the net percentage of capital contributed across all properties, multiplied by 0.80.When new assets are added to the company, percentage of ownership is recalculated.If cash infusions are required for major improvements not covered by reserves, we recalculate percentage.Distributions are paid quarterly based on profits, on the 1st of the month, based on a percentage of ownership.Now here comes the question: If I cash-out refi the property, is that my capital contribution, or his?

Allocate a certain percentage of your marketing budget for that, and give it a try, and then measure, and then pivot accordingly.

(I'm allocated 10% each for management, cap-ex, maintenance, and vacancy.

Management responsibilities can be allocated totally separately (you could retain 100% control).The LLC would then buy the property with the profits distributed to investors according to the LLCs articles of incorporation.

Which I allocate or use the rubs system on.

You can allocated expenses and income it by class and/or job to keep properties segregated.

Remember that the defining factor in recapture is the allocation of sale price to the specific asset.

How much of your cash you allocate to seed capital vs. working capital really depends on how big a project you are looking to take on.

Other deductions show line items for carpet, glass, appliance repairs for a total of $ 3,477 or a PU cost of $109, which is very low.Repairs expense might be coded to Supplies of $6,961, but you will want to understand what is being allocated to Supplies.Are you planning to self manage or have a 3rd party manage?