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24 January 2025 | 5 replies
Over the last several years I've been in a heavy cycle of acquiring and building rental portfolio, flipping, contracting, and being a realtor.
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3 February 2025 | 34 replies
There you can build up your skills even further and these jobs can pay a lot if you are producing great results.
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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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13 January 2025 | 21 replies
Let me know if you’d like to chat and start building connections before you’re ready to buy!
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7 February 2025 | 25 replies
I've never seen anything like this in 15 years of being in the industry.
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9 January 2025 | 0 replies
Instead, create a landing page tailored to your audience with a clear, irresistible offer, such as:"Get a Free Price Comparison Report for Bulk Orders in [Industry/Location].""
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20 January 2025 | 23 replies
I can help with the refinance to pull equity out, but no the purchase, as 99% of the industry won't finance mobile homes.
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23 January 2025 | 15 replies
That shouldn't necessarily be a differentiator when choosing a lender, as evidenced by the boom of the DSCR lending industry....non of which are FDIC insured.
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31 January 2025 | 5 replies
They have no 2-factor authentication and don't email you to confirm that you want to update your login, both of which I'd consider industry standard these days.
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17 January 2025 | 1 reply
Starting from my backyard I'm looking to connect with some vets in the industry and familiar to the area/market.