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Results (10,000+)
Garry Lawrence 19-Year-Old Closing on First Rental Property – Seeking Advice!
11 January 2025 | 12 replies
It’s less than 15 minutes by car from two major universities (Towson & Morgan) and just a 7-minute walk from a shuttle that services both campuses.I plan to rent the property by the room, targeting mainly college students due to its proximity to the schools.
Tim Wiesemann 2025 Goal To Start Using BP
15 January 2025 | 2 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
Kylie A. Best Business Bank Account For Real Estate Investor
28 December 2024 | 13 replies
Both cater to businesses with high transaction volumes and often customize services for clients who need frequent wires and robust credit options.Ultimately, your choice might depend on the frequency of foreign wires versus domestic ones and how much value you place on credit card perks.
Otis Clayton How do closing agents fund private money deals?
15 January 2025 | 14 replies
When I looked into IRA accounts, I found that it didn't do service to my situation.
Bob Willis DSCR for acquisition of existing PadSplit
14 January 2025 | 17 replies
What kind of seasoning is generally required as it relates to the rents/revenue as it relates to servicing the note, etc...I currently own one PadSplit (acquired via Subject-to) that has been up just over a month.
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.
Llamier Guzman Real Estate License VS investment
9 January 2025 | 1 reply
(I plan to move to Florida in a few years after my military service which will be up in 2 1/2 years, but i also want to gain my license in Florida).
Manny Darnell Insight on Residential Care/Board & Care Strategy
5 January 2025 | 0 replies
My thinking is that by renting to a residential care facility I can effectively utilize all the space, earn above market rent, and help provide a needed service, while avoiding tenant parking jams. 
Arch Stanton Thoughts on turnkey 5.5% cap with little cashflow with 70% LTV, Little Rock AR
13 January 2025 | 2 replies
Customer service is always great when they have something to sell, I am sure you know this. 
Marc Shin refrigerator water dispenser is not working
2 January 2025 | 25 replies
All your properties may be perfect but if you are transparent about why something is not in service, it makes sense, and they agree it works just fine for long-term rentals.