Will Greenlee
RentRedi Personal Experience - Do not recommend - Noticed BiggerPockets promotion
28 January 2025 | 2 replies
@Will Greenlee there is no perfect PM software, unfortunately.We use one of the most flexible, but it has a long learning curve and we'd still like to see many improvements.
Josh Buchanan
Any reviews of RentRedi?
19 January 2025 | 51 replies
They listen to what you suggest and continually improving their software and processes.
Don Konipol
Passive Investor Strategies vs Active Investor Strategies
24 January 2025 | 3 replies
So, in actuality the divide between “good” PMs and “bad” ones is probably no different than any other service provider, be it real estate broker, mortgage originator, etc.The key word I has in my sentence was MAY; as in MAY be hazardous to your financial health.
Tod DuBois
Typical Occupancy Rate - and how to calculate?
24 January 2025 | 4 replies
Hey Tod, I took a very brief look at your first listing, airbnb.com/h/newport1bedroom, and the thing that jumps out at me as far as improving it is: address the 1-star review head on without attacking the reviewer.
Yolanda Mestas
anyone have experience with 212 Loans in Texas
22 January 2025 | 14 replies
212 Loans has consistently adapted and improved over the years.
Asim G.
Extra Tenant Fees charge by Phoenix Property Managers
14 January 2025 | 5 replies
These typically include services like renters insurance, HVAC filter delivery, pest control, and sometimes utility management.
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.
Jonathan Small
DIY or hire help for taxes?
23 January 2025 | 7 replies
And sometimes, we are not materially improving what you could have done yourself.
Bryan Zayac
Residential Development Costs
17 January 2025 | 2 replies
I would also look at the availability of public water and public sewer, if not at the site how far away are those services.
Joe McLaughlin
Electronic Lock Recommendations
29 January 2025 | 15 replies
The weather service noted it might end up being the coldest temperature nationwide for Jan. 21, including interior Alaska!)