Martin Jones
Raising Capital When First Starting Out
16 January 2025 | 4 replies
Quote from @Martin Jones: Hello, I'm young individual who is interested in long term buy and hold multifamily real estate.
Nicholas Pelliciari
New to Bigger Pockets
21 January 2025 | 5 replies
So many intellegent and supportive individuals on here, you will get out what you put in.
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.
Arthur Crum
RAD Diversified SCAM ALERT!!!
20 January 2025 | 242 replies
Simultaneously improve our process and communication systems. 4.
Jacob W.
Struggling land investor.. how are you selecting your markets?
25 January 2025 | 5 replies
You can add different ways to reach out to improve your conversion for owners you are hitting or you can increase the amount you are sending.
Parker Robertson
Rent to Retirement Academy Experience
25 January 2025 | 17 replies
It is our goal to provide all the tools, resources, education & coaching any individual needs to learn how to build a sustainable investment portfolio to achieve financial independence & generational wealth through real estate investing.It should be noted, that while the Academy is not a requirement to invest with RTR, the individuals that do join the Academy are much more successful long term since they have spent time to clearly develop their own individual investment strategy & plan!
Krissi Miramontes
Fix and Flip
27 January 2025 | 5 replies
Congratulations @Krissi Miramontes, it's great to see someone helping improve Fair Oaks!
Tristan Kelly
First MF purchase in Cleveland OH
23 January 2025 | 10 replies
Multiple people had some bad things to say about the area, but when I moved and realized that it was a low income area with a lot of homeowners, I was motivated to improve the property to match the effort my neighbors have put in.
Gregory Schwartz
How do you protect yourself from TCPA violations and Do Not Call List lawsuits
15 January 2025 | 5 replies
Without giving the individual's name, even though once it is filed it is public information, could you post the specifics they are alleging or the case number?
Christopher Smith
UPREIT any personal experience?
22 January 2025 | 10 replies
I don't want to name the REIT we dislike, but if you want to talk more about this offline shoot me a DM.As far as investor profile, it really comes down to someone's individual circumstances and what they're trying to achieve.