Alan Asriants
Why BRRRR is not an effective strategy today...
31 January 2025 | 44 replies
All have re-appraised significantly higher absolute value & percentage.
Henry Clark
Belize Teak Plantation
4 January 2025 | 67 replies
On a percentage of Mass basis, Teak grows the most from about year 5 to 12.
Victor Correa
Subject to mobile home with bank lien
23 December 2024 | 8 replies
I just got done with my required annual commission update for 2024 (I know I’m a slacker, I waited until the very end of the year lol) and the teacher of the class said that a high percentage of the number of agents who had their licenses revoked in 2024 were the result of being involved in subject to transactions that went sideways.
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
3 February 2025 | 79 replies
This implies as a percentage of rent the maintenance/cap ex is higher at cheap rent points.
Melanie Baldridge
Bonus depreciation ?
16 December 2024 | 0 replies
Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.
Alex Tang
Advice on handling homeowners insurance for a rental damaged in a fire
12 December 2024 | 2 replies
The public adjuster will argue with the insurance adjuster and get you the best payout.
Shiloh Lundahl
Those of you on the sidelines
30 January 2025 | 45 replies
It's everyone who realizes they are not capable.And the percentage of folks capable is minute, very minute.
Deborah Walgren
Historic Inn Purchase/Reno Help and Questions
20 December 2024 | 2 replies
I have a pro forma using very pessimistic occupancy/booking percentages (worst case scenarios) which identify a very nice cash on cash return, and the ARV will (again, pessimistically) be at least double the purchase+rehab costs.
Brandon VanTuinen
First house hack - too expensive?
20 December 2024 | 9 replies
To decrease the amount of money you pay out of pocket you could turn part of the home to a STR or MTR.
Dani Murai
General Contractor that services the Torrance/Gardena Area
17 December 2024 | 3 replies
@Dani Murai, while I can't give you a name of anyone in your area (I am not from there), when you are interviewing contractors, here are a couple things I have seen:I avoid any contractor that has a draw schedule based on percentages, i.e. 1/3 up front, 1/3 at halfway completed and 1/3 at completion.