Luke Tetreault
2 years in, Growing Pains! What's the Strategy?
14 January 2025 | 9 replies
Almost all 4 baggers occur through one or more of the following1- Long term hold riding price appreciation.
Melissa Johnstone
First home buying experience and with using my VA loan
7 January 2025 | 4 replies
We have long terms holds in Shasta and Tehama county.
Joshua Parsons
Really long distance investing (International)
19 January 2025 | 46 replies
The only investments I’d do there is in short-term rentals in either Rome, Venice or Florence.
Rose White
Tenant Background Check
15 January 2025 | 6 replies
I would echo most of the above in terms of screening process/flow.
Igor Sinchuk
Hi BP community! I'm your go-to person for Airbnb Revenue Management
6 January 2025 | 1 reply
In 2019, I launched my own revenue management agency to help Airbnb owners boost their income and achieve greater returns on their short-term rental properties.
Pranav Patel
22 with ~$50K saved up, is it too soon to start?
16 January 2025 | 9 replies
Starting sooner rather than later allows you to benefit from long-term appreciation, build equity, and gain hands-on experience, even with a smaller property.
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.
Nathan Harden
Expanding to Akron, looking for advice
17 January 2025 | 21 replies
North Linden, South of Main, Vassor Village, Woodland Park, MT Vernon, Milo-Grogan, Franklinton, Merrion Village, Hungarian Village, Southern Orchards, Driving Park, Olde Towne East, Franklin Park, King Lincoln, Old Oaks, Livingston Park are all but not limited to some areas in Columbus, Ohio I think will gentrify quickly and make for great long term buy and holds.This helps greatly.thanks!
Robert Quiroz
Why are a lot of MFH being sold with rents under market
13 January 2025 | 30 replies
Could be a business decision based on keeping long-term high quality tenants rather than risk the costs on turnover.
Clint Miller
Where Do You Find the Funds for the Down Payment?
26 January 2025 | 15 replies
I just keep using my rental cash flow to pay off these short term loans.