Alicia Howard
RV Depreciation for 2024 taxes
15 January 2025 | 5 replies
If the RV is not permanently affixed and retains mobility, it is considered personal property and depreciated over 5 years under the Modified Accelerated Cost Recovery System (MACRS).
Martti Eckert
Long Distance BRRRR in Ohio
17 January 2025 | 22 replies
Question: assuming an ideal brrrr that has all investment extracted at the refinance, why would you choose a low cost market over a high cost market?
Brett Coultas
New member introduction and host financial question
21 January 2025 | 8 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Rene Hosman
Have you ever offered rent concessions to entice potential renters?
17 January 2025 | 19 replies
The only approach I’ve found effective is offering a deposit alternative, which lowers upfront costs for tenants without devaluing your property.
Mark S.
American Homeowner Preservation (AHP) Fund
19 January 2025 | 354 replies
What is anticipated legal costs?
Mark Forest
Matt Scott
20 January 2025 | 9 replies
I especially liked Matt's process of creating my business plan as it forced me to really think about it, get it right and make it easily understood by my clients.His process for the offering also made me think about transparency and other ethical issues that are required by law to be disclosed in the offering.
Joe S.
Is promoting buying rentals due to a conflict of interest?
3 February 2025 | 31 replies
I define small business owners as people who employ w2 employees.
Mark G.
What's Your Conversion Rate for Cold Calling Software-Generated Leads?
24 January 2025 | 12 replies
I got into this by accident when i took a job via upwork as a VA for Vontive and stated at interview i could lower there costs and stress by automating there lead gen.I automated the lead gen and they didnt need 5 0f the 6 VAs they hired and we cut there costs by nearly 60%.Thats when i realised that you could automate even the cross platform data scraping.Then i got some extra clients from Upwork and now Im on here to help, offer the same and expand to others.going to the recorder office/courtYou only need to go to the physical building if thre is information on the documents that you need but cant view online.
Geoff McFarlane
Sell our home or rent it out?
20 January 2025 | 7 replies
Additionally you can do a cost segregation study and get a lot of depreciation benefits to offset the rental income (and potentially other income).
Duke Butterfield
Sell or Rent? (Self-Manage or PM?), 4 year-old Primary Residence to Rental Property
27 January 2025 | 14 replies
If I were to guess, I would think that the new administration will bring positive change to the housing sector by removing regulations that impede builders, and affect building material costs.