I don't waste time and money with "fossils" like the classified ads in the local newspaper anymore.

Read up on boat and RV storage a 20-25 x 45 or 50 brings a premium rent (no heat, insulated ceiling only) I believe these are classified S-1 (unheated storage). 

That would classify as SPAM so its not something you could legally do.

We’re classifying the neighborhood as a B-.Thanks all!

@Becky Watkins sorry - I didn't read the title but that certainly would have helped my previous answer :)Since the stairs are required to enter/leave a rental unit, I'd like classify them as an improvement to the rental unit itself making it 100% deductible or capitalized rather than a pro rata rate.I'm not taking on clients for the 4/18 deadline but am happy to discuss post deadline.

OTOH, many folks don't think this are truly classified as securities, so advertising is fine. 

If the LLC is incorporated in another state, then by default any business activity conducted in the state of Texas (including banking) would probably classify it as a "foreign" entity.

All advertising must be posted within our Classifieds forum only!

For example, let's say my pro forma uses the following assumptions, excluding any vacancy:Monthly Rent: $2,000Monthly Expenses, excluding mortgage: (Taxes, Insurance, HOA, CapEx, etc): $1,750NOI: $1,550Mortgage Payment: $1,300Monthly Cash flow: $250Now if we assume a 5% Vacancy Rate = $100 and include it as a negative revenue, NOI Margin (NOI / Income): 76.3%Cashflow Margin (Cashflow / Income): 7.9%Gross Rent Multiplier (Property Value / Annual Rent): 7.242% rule-of-thumb (Income / Purchase Price): 1.15%50% rule-of-thumb (Total Expenses / Income): 23.7%If we instead assume the vacancy rate is an expense: NOI Margin (NOI / Income): 72.5% Cashflow Margin (Cashflow / Income): 7.5%Gross Rent Multiplier (Property Value / Annual Rent): 6.882% rule-of-thumb (Income / Purchase Price): 1.21%50% rule-of-thumb (Total Expenses / Income): 27.5%I realize it may not seem like a material difference in this example, but I imagine in some scenarios it  could lead you to make different decisions just based on how it's classified.

If you are looking for a referral for a contractor, please go to our Real Estate Classifieds forum and post there!