John Friendas
Maximum # of DSCR Loans Lenders Will Give?
22 January 2025 | 12 replies
I’d recommend shopping around with different DSCR lenders and considering lenders who specialize in investment properties for more flexible terms and options.Good luck with your investing journey!
John Voychick
Do not use Suncoast Property Management in Jacksonville
30 January 2025 | 34 replies
Shopping around for turnkey and property managemtn companies myself.
Benjamin Ying
First time investor needing some confidence!
5 February 2025 | 54 replies
Since it's my first deal, I'm thinking about buying in a "safer" area that has more opportunity for appreciation.
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.
David Lewis
Boston - Has the ship sailed?
23 January 2025 | 45 replies
That seems to be the "safer" move when investing in RE.
Julio Gonzalez
Asset Classifications for Cost Segregation
7 January 2025 | 6 replies
I do have a small shop with equipment that I use exclusively in fixing my rentals.
Greg P.
Small Multi Family Coaches/mentors? 2-4 units.
31 January 2025 | 23 replies
there is a ton of free content available for this space and investors LOVE to talk shop.
Jennifer Gill
Do Not Call List - sick of calls!
24 January 2025 | 9 replies
I stopped into a barber shop and the lady asked me for my phone number.
Tyler Mills
Transitional Neighborhood Indicators?
9 January 2025 | 1 reply
(Starbucks / yoga studio / craft brewery /boutique cookie,coffe or ice cream shop are the easiest targets)-Activation of dormant retail sites-Increased foot traffic For B to AAbove also apply-Home valuations (are homes in the increasing at rates above nearby or similar neighborhoods)-Is it walkable or are projects in place to make it highly walkable for residents-Is it near highly desirable activity centers -is it unique (for example - Can it get historic designation)
Shayan Sameer
New Rental Property Purchase - Out of State
7 February 2025 | 31 replies
As well as coffee shops like Bottoms Up Coffee are moving in and small microbreweries like brew dog and Land Grant.