Ashley Shearer
Property Mgmt - First Right of Refusal Program for Maintenance?
17 January 2025 | 3 replies
We've seen cases for example where clients want to send their brother or cousin to do electrical work that they aren't licensed for.What I don't think would work is to have a ticket come in, and then reach out to a client so they can shop around for plumbers.
Adam M.
Cost for a Tax Specialist
13 January 2025 | 7 replies
I think my fees are high until I shop around and then I am thankful.
Chad Jones
HELOC to fund a rehab?
15 January 2025 | 8 replies
Going to shop local to see if I can get a better %.
Jerry A.
Exploring Cash-Out Refi Options
6 January 2025 | 5 replies
Hello @Jerry A.Feel free to message me if you have any questions but I would seek out a broker who has access to over 220+ lenders to help do the shopping for you.
Treza Edwards
Kiavi Funding Lender
15 January 2025 | 9 replies
Thanks What loan product are you shopping for?
Steven Radolinski
Insights into the Albuquerque Real Estate Market: Opportunities and Considerations
12 January 2025 | 8 replies
I believe this tough-on-crime approach will make Albuquerque safer and a better place to do business in the near and long-term future.
Robert Bishop
I am 16 trying to get into real estate and have 200k
10 January 2025 | 28 replies
The only situation that I think it would make sense for you to start investing right now would be if you are not investing the full $200,000 and are looking to take some money off the board and put it into a safer investment.
Charles Evans
New House Hacker
17 January 2025 | 8 replies
If that's the case look into finding a handyman, and make sure to shop around for the best price.Stuff I have ran into:lost keys/lockpicking [hired]broken washer [fixed myself]shower door [fixed myself]AC clogged [hired]Microwave broken [replaced myself]holes in the wall [fixed myself] Thank you!
Tyler Mills
Transitional Neighborhood Indicators?
9 January 2025 | 1 reply
(Starbucks / yoga studio / craft brewery /boutique cookie,coffe or ice cream shop are the easiest targets)-Activation of dormant retail sites-Increased foot traffic For B to AAbove also apply-Home valuations (are homes in the increasing at rates above nearby or similar neighborhoods)-Is it walkable or are projects in place to make it highly walkable for residents-Is it near highly desirable activity centers -is it unique (for example - Can it get historic designation)
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.