
9 January 2025 | 8 replies
Once you're narrowed your market to a DMA you can also use some subscription services (i.e.

8 January 2025 | 11 replies
Do you get any volume discounts or better service due to the volume of your business from the current providers, that might be something to consider. not sure if that is even a thing for lawyers though.

5 January 2025 | 17 replies
Expect to remodel kitchen and baths and put new floors down, paint, knock down a wall to open the floor plan.

13 January 2025 | 17 replies
If I use a RMLO service I assume they cover the Dodd Frank and other consumer rules?

7 January 2025 | 5 replies
Our experience is that many lenders/servicer customer representatives may not know the protections that exist for those that want to put asset protection steps in place.

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.

30 January 2025 | 56 replies
I run Raise the Standard Real Estate in Milwaukee, WI and we focus on investors servicing them from building a strategy, completing the transaction, and assisting with property management duties.

5 January 2025 | 17 replies
There would potentially be some weight issues with the 2nd+ floors of some shopping malls, depending on what the potential tenant wants to store in the upstairs unit.

7 January 2025 | 0 replies
Rehab Scope:Cosmetic remodel: Painted the interior/exterior, updated the kitchen cabinets and countertops, and installed new flooring.Modernized fixtures: Replaced light fixtures, outlets, and switches throughout.Enhanced curb appeal: Painted the brick exterior, added landscaping, and modern black accents.Timeline: Completed the rehab in just 4 weeks to minimize holding costs.Strategic Upgrades: Focused on cost-effective improvements like vinyl flooring and fresh paint, wh What was the outcome?

12 January 2025 | 23 replies
In my case, I renewed a lease because they are great tenants one one floor in a 3 familiar.