AJ Wong
Ten Real Estate and Economic impacts of the LA Wildfires
16 January 2025 | 4 replies
Taxes : Taxes have been a brewing crisis nationwide for sometime, Chicago is another prime example of a major municipality struggling under high debt load.
Travis Hill
WHERE/HOW DETERMINES PROPERTY CLASS (A, B, C)?
23 January 2025 | 21 replies
If you enter a neighborhood and you immediately lock all doors from the inside, and check to make sure your gun is loaded, you are in class D no doubt.On the other hand, most class A+ neighborhoods as you drive through you cannot see the houses from the street.
Marc Shin
What Can I do about sound in a duplex with thin walls?
23 January 2025 | 9 replies
Adding mass to the walls works wonders—attach Mass Loaded Vinyl (MLV) to the shared wall, then cover it with a layer of 5/8” drywall using Green Glue soundproofing compound for extra noise-blocking power.
Guan Hong Guo
Income Criteria for Multiple Occupants
15 January 2025 | 10 replies
The first applicant will eventually get tired of his free-loading friends and problems will ensue.
Melissa Glynn
20-Year Austinite Relocating to Charlotte, NC - New to BP!
7 January 2025 | 5 replies
Consider me a friend in the charlotte market and let's grab coffee (there are many cute coffee shops here and I can tell you where to find the good texmex)
Sebastian Nadal
Screening for a roommate for the first time
7 January 2025 | 6 replies
Pick a screening platform/application that makes sense for you.As for meeting the applicants, I recommend meeting them at the property to show the place to them rather than getting coffee or food with them.
Bob Dole
Cost Segregation -- What is the true benefit of the accelerated depreciation?
9 January 2025 | 32 replies
Quote from @Bob Dole: All,Apologies for the newb question, but I just heard about cost segregation and have been reading up about it online.My understanding is this (and please correct me where I'm wrong):Pros: -accelerate depreciation, front load (vs. just a straight line over 39 years) -save money on taxes because of the depreciationCons: -if I sell the property, the recapture will be larger -not recommended if you flip propertiesSo hypothetical situation:-Majority of our income is W2 based, let's say it's $500k-Net income from commercial rental is $100k-Income from dividends and interests is $100k-Both of us are full time W2, so non-prof real estate (but this can change -- please see below)So we're hypothetically grossing $700k a year.
Chandler Koch
New Real Estate Investor in Boise Idaho - Go Broncos!
15 January 2025 | 7 replies
If you want to learn more about investing in Boise and the greater area, resources, and the best coffee places in town, let me know and would be happy to chat more!
William Silva
Multi family (2-4) units. Getting started
25 January 2025 | 5 replies
It creates a space for people to reflect, learn from each other, and even rediscover strategies they’ve forgotten.Revisit the Basics: I love how you mentioned going back to basics.Invitation is open let's have a coffee next Tuesday 7:00 PM at the Squadron Restaurant next to Miami AirportJan 27,2024.
Braeden Warg
What to pull permits on
27 January 2025 | 8 replies
I pull permits for removal of load bearing walls, addition of bathrooms or bedrooms, addition of footage.