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Results (10,000+)
David Hori Is Pace Morby a Scam?
13 February 2025 | 123 replies
I want to build my wealth, gain experience, help people along the way and then maybe help people in foreclosures or something.
Nathan Gesner Have you ever used your umbrella insurance policy?
15 January 2025 | 11 replies
You could be overinsured on the building and lose money on not enough Personal property coverage.B. 
Deltrease Hart-Anderson New construction in old neighborhood
10 January 2025 | 6 replies
I'm in Columbia, South Carolina by the way and no I'm looking to build in another city but in South Carolina.
Henrry Novas Looking to Connect with Spec Builders
10 January 2025 | 7 replies
How long did it take to complete those first three builds?
Zachary Kotiadis *Using an FHA loan, can I move during the first year?*
17 January 2025 | 9 replies
If this job popped up out of the blue, your intent was not to move within the 1st year, so you may be ok.If you are planning on building a portfolio of homes, it is safest to stick in your home for 12 months to reduce the appearance of potential fraud. 
Luke Tetreault 2 years in, Growing Pains! What's the Strategy?
14 January 2025 | 9 replies
I feel a loss of direction and that makes it really hard for me to focus and build.Do we keep at building a portfolio of small multi family (very abundant in my market, very rare to find anything above a triplex for sale), with plans of selling the portfolio and 1031'ing into larger properties? 
Ryan Crowley Pay off mortgage and snowball?
19 January 2025 | 61 replies
I started out with little to nothing when I was in the Army and building up properties slowly. 
Destiney E Goins Destiney Goins- new to investing
13 January 2025 | 5 replies
Either way, best of luck building your portfolio!
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.
Sean Dunbar Looking for advice to invest 965k of equity
16 January 2025 | 4 replies
Are you trying to build up to some monthly cashflow # (i.e. $10k month net) or an equity # (i.e. $10 million equity), etc.