Property is off market purchase at $356k.  Has cash flowed between $50k and $56k the last 3 years with upward trend.  Same property manager staying involved (did $56k last 12 months).  Credit 700+, bank statements ava...

I know if I were to send an operating agreement to a lender that reads "LP member will receive return of their capital and 20% annualized return" they would not approve the loan.

@Jon LatorreWhat kind of annual rental yields do you get in a non-Covid world?

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

A cost segregation study should only need to be performed one time for each property and the annual depreciation calculated during the study using the detailed asset listing is relevant for as long as you own the property.

You can count on your HOI being raised annually from now until the foreseeable future. 

Hi Evan,I would recommend annual rent increases that align with cost of living - assuming you are currently at or near market.Residents typically expect a small increase and it's better to do it each year, rather than getting behind and having to do a large increase all at once.

@Mike Beer, after being in Raise Masters TWO DAYS, I was able to instantly justify the annual membership fee and then some.

Las Vegas's average annual population increases by 40,000 to 50,000 per year.

It ends in a $395M annual loss and entire brand tarnished by political spin.