With historical vacancy factored in, that will likely be more like $143,000 rent topline, not including seasonal A/C surcharge revenue, plus about $1,520 in laundry revenue.Expenses: Total operating expenses are running about $59,200, before depreciation or mortgage expense, and not including the offsite property manager role (me doing screening, etc).

This gives you more flexibility while building equity and gaining experience.Risk Spread: More units mean a lower risk of vacancy impacting your overall revenue.

Why waste time on quotes from Alabama Department of Revenue, which are the total of all taxes and interest to date.

@Natalie Johnstone My former employer who was a privately traded company that owned over a billion dollars of real estate and had an ancillary management business with revenues that exceeded $100M annually would sometimes form entities in Delaware because business cases are tried in front of a judge w/o a Jury and case law that's applied to decisions is very well developed in the State.

Baxter, Esq.JGB November 2023 NewsletterIn March of 2023 the Internal Revenue Service made Revenue Ruling 2023-2 clarifying their interpretation of Internal Revenue Code (IRC) § 1014 regarding irrevocable trust basis adjustment at death.

\I will say, as a PM, where I add the most value if the 24/7 guest communications, 20+ platforms including some big names like JetBlue and Marriott, pricing with RevMax and a live revenue manager, etc. 

Placement agencies also advertise quite loudly that their service is free for their clients, which means that they receive anywhere from 75-100% of one month's care revenue from the senior care provider. 

I'm seeing their quarterly earnings were released where they stated 3rd quarter revenue is projected to grow about that much from the previous year. 

Keep in mind that Airdna adds into their revenue housekeeping income in addition to Rent. 

Anyone have experience as HOA Management in what happens to revenue when property owners losing their houses?