Karen Margrave
REDDING, CA INVESTORS
24 January 2025 | 37 replies
No Amazon Distribution Center will be moving in!
Diana Teng
Should I Buy My First Rental Property Out-of-State If I'm Unable to Scout the Area?
5 February 2025 | 56 replies
You will buy a specific property, in a specific location, in a specific city subject to specific local rules and regulations.
Praveen Kumar
Rent to retirement
1 February 2025 | 9 replies
They sell a 4 unit for close to 1 million dollars close to Jacksonville. they want 250k or 300k down. there's no upside. you can google the properties on biggerpockets and there isn't a lot of satisfaction. it's a slow return and get rich slow strategy. our focus is always as a builder to add maximum value, lower cost as low as possible, build and rent and build and sell the same product and raise prices to help investors out. we have a large market share and large purchasing power in our market in columbus ohio. the one strategy I never liked about turnkey new build brokerage companies like them and build2rent or others is they don't really build close to urban centers and most are single family homes. the numbers don't work on single family homes. if single family was the way to go more companies would be doing it. but by far the most common type of new construction built is three story walk up apartments.
Melanie Baldridge
What is MACRS classification?
10 January 2025 | 0 replies
When it comes to real estate, here's a general list of eligible assets and their depreciable lifespans that you should know: Residential Rental Property = 27.5 yearsThis includes any building or structure where 80% or more of its gross rental income is from residential units.That means:- Apartment buildings- Single-family rental homes- Duplexes, triplexes, and quadplexes- Mobile homes (used for residential rental)- Any kind of residential lodging facility where the primary purpose is long-term rentalCommercial Property = 39 yearsThis includes non-residential properties like:-Office buildings-Retail stores and shopping centers-Warehouses-Industrial complexes-Hotels and motels that do not qualify as residential rental propertyLand Improvements = 15 yearsThese include sidewalks, roads, fencing, some landscaping, and parking lots that are separate from the building.Personal Property = 5 or 7 yearsPersonal property used in a rental activity usually has a 5 or 7-year life.This includes most furniture, appliances, carpeting and various machinery.Qualified Improvement Property (QIP) = 15 yearsGenerally, this includes any improvements made to the interior of a non-residential building after the building was placed in service, excluding elevators, enlargements, and the internal structural framework.Computers and Related Peripheral Equipment = 5 yearsVehicles = 5 yearsNote that the land itself is not depreciable.
Tyler Mills
Transitional Neighborhood Indicators?
9 January 2025 | 1 reply
(Starbucks / yoga studio / craft brewery /boutique cookie,coffe or ice cream shop are the easiest targets)-Activation of dormant retail sites-Increased foot traffic For B to AAbove also apply-Home valuations (are homes in the increasing at rates above nearby or similar neighborhoods)-Is it walkable or are projects in place to make it highly walkable for residents-Is it near highly desirable activity centers -is it unique (for example - Can it get historic designation)
Tom Dieringer
Giving VRBO a head start on Airbnb
28 January 2025 | 19 replies
The larger, family centered houses near the beach are nearly 50/50.
Joshua Parsons
Really long distance investing (International)
19 January 2025 | 46 replies
Even the main city of Malaga, who was considered a backwater city just 10 years ago has become very popular and is now turning itself in a little Silicon Valley and banking center.
Celine Besson
Managing a renovation from afar
14 January 2025 | 6 replies
They usually have a small upcharge on the work done but it's generally not a profit center for them.
Cristen Marcotte
DO NOT USE STEADILY INSURANCE
19 January 2025 | 15 replies
They are pure GARBGE. 3 months after they issued my premium I still get calls from their clowns to sign something and that insurance is not bound....I dont believe they are operating a insurance company, likely a scam artist to be honest Sounds like this is an issue with their call center/in-house agency?
Rob U.
Flipping homes on land leases
1 January 2025 | 5 replies
It's a very local question based on the comps and active/recently sold inventory inside the community.