Zoe Brennan
New Agent & Aspiring Investor
31 January 2025 | 9 replies
A team of lenders, title companies, contractors and RE attorneys, and significant knowledge of the intricacies of real estate transactions, you will be MORE than prepared to dive feet first into your first deals and will do so with CONFIDENCE.
Joel Oh
One platform strategy
2 January 2025 | 30 replies
.: I am not going to express an opinion on whether being on a single platform can improve your ranking because i really d not know and admit you may be right.
Danielle B.
Out-of-State - Ohio Section 8 Housing
29 January 2025 | 22 replies
It sounds like you are overly confident in your Excel spreadsheets.....
Kendric Buford
Multifamily Newbie - Tips & Feedback (Out of state/Ohio)
1 January 2025 | 12 replies
I did minor improvements to both of those, but unfortunately had to replace the roof on each (Flat roofs suck, lesson learned).
Shaun Ortiz
How Can I Best Support Investors Remotely with Leads on Distressed & Foreclosed Homes
17 January 2025 | 0 replies
I’m passionate about learning and improving my process to provide real value to investors, whether you’re focused on fix-and-flip, buy-and-hold, or any other strategy.Looking forward to your thoughts and insights!
Jack Pasmore
The Importance of Underwriting. Is Automation Effective?
31 January 2025 | 9 replies
While automation and calculators can certainly improve efficiency and reduce human error, they can’t replace the judgment gained through repetition and real-world experience.
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.
Nate Marroquin
House Hacking, with other rental debt and low income
30 January 2025 | 10 replies
To improve your approval chances, use rental income from your first property, consider co-signers, and explore lenders that use Income-Based Repayment (IBR) for student loans.
Steven Diaz
New Construction suggestions for STR
23 January 2025 | 6 replies
Look at their finishes and what they offer guests, use that as your baseline, then improve upon it.
Jonathan S.
RE Equity Investing/Feedback
16 January 2025 | 1 reply
If you invest in RE, whether active or passive(management team, syndications, crowdfunding), I'd love the chance to quickly explain the structure and hear your thoughts on what might need to be improved.