Quote from @William Dorrough: I currently either purchase and value add large scale multifamily properties or develop, and build ground up my issue with scaling is we have done this without brining in investors i have a great deal flow with a good track record im really looking to do more i have the capacity but have the need for more capital in one way or another  Scaling without investors can be tough, especially in multifamily.

Hello,I purchased a property in 2024 for use as a short-term rental (STR) and am looking to perform a cost segregation study to take advantage of bonus depreciation (60% for 2024 unless there are changes under the new administration).Here are some details about the property: it's a single-family home in Arizona, 1,800 sq. ft., purchased for $470K.

The only two ways to rectify this are (1) purchase the property far below market price or (2) significantly increase the property net income usually through some method of “repositioning”. 

If it's a fixer upper you would account for the rehab and purchase price then compare against the ARV.

Purchase price: $900,000 Cash invested: $15,000 6BB/3.5Bath 4000sf on 3.4 acres near several wedding venues.

If there isn’t significant equity capture at this purchase price, and it’s not in a great location, this would be a pass for me.

If they’re late a third time, you have a strong case for eviction for habitual non-payment—without risking the tenant showing up at the 11th hour with the money.For your specific circumstances, with only a partial month behind, I would guess there is a decent chance they can come even on rent and it would be a waste of your time.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

What specifically are you looking for?

Feel free to reach out for any specific questions!