Rod Smith
Do you really need a professional to get more website leads?
18 October 2024 | 6 replies
Ever heard of division of labor, free trade theory, efficient market hypothesis?
Allende Hernandez
Need suggestions on how to handle utility costs for house with "efficiencies"
20 October 2024 | 8 replies
Create as equitable utility division as you can, place this utility expense in each lease, and charge the tenants per the utility usage.
Jamie Stone
Seeking feedback from anyone on BiggerPockets who is in this program.
22 October 2024 | 15 replies
But, I digress.What additional items, value I got out of the program:Community, community, communityGreat friends and business partnersThis is not unique to Subto, as seen here in BP.
Patricia Andriolo-Bull
Art for STRs
18 October 2024 | 14 replies
I have had good luck finding cool unique pieces in local stores to the property.
Edward Heavrin
Paying off a rental aggressively. Pros & Cons?
20 October 2024 | 84 replies
Quote from @Billy Smith: Having all or most of your rentals paid off is a great feeling with the cash flow rolling in .You know have a bigger shovel to buy more properties , folks get the fever want more more dam the debt full speed ahead .I read a lot saying what is the rate of the note ,you could deploy the money in ,gold ,stocks etc....With just a couple rentals paid off in A -B area I put my kids though Division 1 state college.
Fiona Humphrey
Renting to a Residential Care Facility
20 October 2024 | 19 replies
I had a unique situation where a family member lived in a home.
John Salcedo
Line of equity backed by Whole Life policy
16 October 2024 | 5 replies
You might also want to explore specialized banks that focus on working with high-net-worth individuals who leverage insurance products like Merrill Lynch Private Banking or Wells Fargo’s Private Banking division.
Emmanuel Ola
Seeking Advice on a Unique BRRRR Strategy for Multi-Home Development
15 October 2024 | 4 replies
Hello BigPocketers,
I’m seeking advice on the best way to approach this situation. I recently purchased a 0.42-acre piece of land for $90K. Directly across from it is a vacant 8,000 sqft lot listed for $75K. Consider...
Julio Gonzalez
Benefits of a Cost Segregation Study on Warehouses
15 October 2024 | 0 replies
Here’s an example of bonus depreciation.Here are some of the current trends that are highlighting the importance of a cost segregation study.Contract Logistics Expansion: Experiencing growth in contract logistic divisions leading to outsourced warehousing and distribution activities.Warehouse Technology Advancements: Integration of AI, robotics and IoT allows for operational efficiencies including reduced labor costs and improved safety.Warehouse Automation Growth: Significant growth signals a need for efficiencies and the adoption of new technology.Warehouse Space Expansion: There are ongoing developments in the warehouse space to help support the growing demand for infrastructure and warehouse space.Robotics and AI investments: There is a demand for faster throughput and immediate fulfillment which is causing investors to invest more into AI and robotics.Cost segregation becomes an even more critical tax strategy as there is an increase in investments in automation and technology as it frees up cash by creating additional tax savings.Some of the financial benefits that a warehouse investor can expect from a cost segregation study include:An increase in cash flow for automationImmediate tax savingsEnhanced warehouse property valueImproved warehouse ROI by reducing tax liabilities and increasing cash flow.There are many items that can be reclassified for accelerated depreciation through the use of a cost segregation study.
Graham Huber
How is the philadelphia real estate market?
16 October 2024 | 6 replies
Hey Graham,I've been watching the Philly market pretty closely...it always has its unique ebb and flow.