Kyle Hardie
New investor in Fairmont, MN
28 January 2025 | 7 replies
Then check out other online guides available here: https://www.biggerpockets.com/guides 3.
Greg P.
Small Multi Family Coaches/mentors? 2-4 units.
31 January 2025 | 23 replies
In online forums, the danger I've experienced is the "national" effect.
Dave Cali
Looking to form a syndication.
16 January 2025 | 3 replies
Yes, operations is a big part of that, especially for anyone that wants to be a business for the long-term.If I were you, I would be talking to office brokers about partnering more than an online forum.
Ariel Betancourt
New Student of Real Estate Investment
24 January 2025 | 7 replies
Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.
Ryan Treacy
What Do I Need to Know to Be a Landlord in Indianapolis, Indiana?
21 January 2025 | 4 replies
Make use of its features like online rent collection, maintenance requests, and tenant screening.Local Resources: Consider joining the Central Indiana Real Estate Investors Association (CIREIA).
Lulu Lue
203K Loans Impossible (!) Says the Lender
27 January 2025 | 5 replies
@Lulu LueHUD has 2 online databases of lenders showing which ones have the most experience with 203k's.
Joe Paasch
I am new to Real Estate investing
23 January 2025 | 7 replies
Check out other online guides available here: https://www.biggerpockets.com/guides3.
Jacklyn Robins
Trouble renting units in Cincinnati
21 January 2025 | 27 replies
I have one near a homeless shelter and a liquor store.
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.
Brett Riemensnider
First Year Rental Owner
19 January 2025 | 1 reply
One tenant is behind on rent and has still not paid December rent.I’m seeing mixed things online but looks like I have to file something by the 31st?