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27 January 2025 | 6 replies
GSP REI is a diversified real estate investment company based in the Philadelphia area.
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21 January 2025 | 4 replies
I have some exposure to real estate investing as I work as a commercial lender.
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25 January 2025 | 5 replies
Hi All,I’m excited to join this platform and connect with other professionals in the real estate industry.
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20 January 2025 | 1 reply
I've helped people with SBA loans to purchase real estate for a business, but for buying rental real estate, the DSCR loan is a much better option.
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2 February 2025 | 2 replies
I’m new to real estate investing and looking for input.
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26 January 2025 | 5 replies
We host a free real estate meetup the first saturday of every month if you are interested in coming and meet some awesome real estate investors who are looking to do their first deal to savy seasoned investors.
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26 January 2025 | 5 replies
@Frank Mongiello is a great choice for a real estate agent who works with real estate investors in South Florida and Central Florida
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30 January 2025 | 3 replies
I would visit local meetups for real estate investing, and also network with agents in your area that work with a lot of investors.
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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.
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4 February 2025 | 12 replies
A partner and I, both of who work a full time job, are looking to get into real estate investing.