Assets identified in this study include:Building Systems: plumbing, HVAC and electrical distributionInterior Construction: flooring, drywall partitions and ceilingsStructural Components: doors, roofing, windows and wallsPermanent Fixtures: emergency lighting, restroom fixtures and signageThis 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.

In addition, doing fewer deals than that will most likely mean that they don't have a legit team of pros to back you- PM, GC, Plumber, lender, etc- if they aren't feeding them constant business, those contractors won't drop their current jobs to help you in an emergency. 

A drain pan is for emergency leaks from the washer, I would bet 90% of households don't have one (I don't).

The 150k is what's leftover after 30k/30k put aside for our personal and property emergency accounts.

To start, set investment goals, analyze properties, focus on emerging neighborhoods and budget wisely.

Emergency Maintenance: Regular maintenance is on the owner, emergency repairs might be charged to tenants if they caused the problem.By proactively managing these expenses and clearly communicating responsibilities to tenants, property owners can maintain their properties effectively while minimizing unexpected costs.

LOTS to talk about in Calgary as quality multi-family deals are being snapped up quickly, multiple offers on handyman specials, and parts of the city is experiencing Sellers Market, while the CIty of Calgary has decided to continue their major capital reinvestment projects, so there will be emerging areas soon! 

Why are you paying $250 for someone to check a leak unless it's an emergency?

If you're open to exploring international opportunities, I have an exciting real estate project in Dar Bouazza, near Casablanca—an emerging hotspot for residential and vacation properties.

Your cash would be used for downpayments, make payments and emergencies. or2.