Jose Martinez
32 Rentals – What’s Next?
15 January 2025 | 4 replies
Do it very intentionally, not just for the sake of scaling up, but to get better quality or easier to manage properties that will replace lower quality or harder properties.
Allison Littman
"Church" Purchase Creative Financing
11 January 2025 | 7 replies
My tax professional is stating that I would need an appraisal to show the lot/structure are valued at $400k if I try to claim $200k as a donation.
Youssef Pullman
Dallas , Houston market insight
9 January 2025 | 2 replies
What I noticed so far is extremely high property taxes.
Henry Clark
Self Storage- Just Built, To Sell or Not
16 January 2025 | 6 replies
You will have to pay higher personal income tax rate, versus waitingtill after one year for lower Capital gain tax rates.
Matthew Posteraro
Conservative Scaling for House Hacking
20 January 2025 | 9 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Alicia Howard
RV Depreciation for 2024 taxes
15 January 2025 | 5 replies
Hi! I have a short term rental property. It's a 5th wheel located at a campground. It does not get moved. Will the RV be depreciated at 5 years or 27.5 years? I am unable to find anything giving me a for sure answer. ...
Rafael Ramos
Seeking Guidance and Strategies
11 January 2025 | 6 replies
@Rafael Ramos All your goals contradict each other:(1) Cashflow: buy Class C & D properties2) Appreciation: buy Class A & B properties3) Low Crime: buy Class A & B properties4) Why would you want your investments to lose money to lower your taxes?
Zach Rumfield
What does it mean when the MLS says a Single-Family sold for less than $5,000 Dollars
7 January 2025 | 5 replies
Some might not be livable at purchase but 5k still seems cheap unless there is something off with the data. maybe the prices were reduced on unlivable properties due to back taxes being part of the deal for the purchase.
Becca F.
Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 replies
I used the lower of rent amounts for analysis. https://www.biggerpockets.com/analysis/rentals/ee5f6928-93ce... is link to the BP Calculation on it.