Lee Ripma
Understanding Kansas City Neighborhoods and Zip Codes
25 December 2024 | 12 replies
They have median household incomes of 52k and 55k respectively.
Jessica Kiely
New rental - attracting a qualified tenant
30 December 2024 | 8 replies
Monthly pre-tax income for household (minimum $5000)7.)
Makan A Tabrizi
Apartments.com Providing Residentscore
3 January 2025 | 11 replies
ALL of my major problem tenants happened to have had a average (adults in the household) score below 625.
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.
Jason Bales
Understanding Housing Vouchers
2 January 2025 | 2 replies
Out of that voucher amount, they will have a utility and appliance work sheet that provides a cost for each utility or appliance not provided by a landlord for each bedroom size.
Jason Baker
Going To College For Real Estate The Right Move?
6 January 2025 | 7 replies
Household Debt Rose by $184 Billion in Q1 2024; Delinquency Transition Rates Increased Across All Debt TypesMay 14, 2024
Katie Camargo
Are home warranties ever worth it on rentals?
17 January 2025 | 4 replies
In my market, I only have one vendor qualified for appliance warranty work, and the warranty companies paid him half his standard fee for each service call.
Alex Silang
Mass deportations: will it affect rental markets?
19 January 2025 | 32 replies
This policy along with the wonderful idea of tariffs will start trade wars and cause other increases in goods such as appliances, possibly cars or any other imported goods.
Jorge Vazquez
Sign on rental properties yes or not?
15 January 2025 | 10 replies
Not necessarily squatters, but vandels, kids, appliance thieves.
Chris Kay
How Far Does $50k Go for Rehab?
15 January 2025 | 14 replies
But enough to make to do all the cosmetics along with a few major items like HVAC, appliances, etc.