![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/239701/small_1621435459-avatar-ehubbard71.jpg?twic=v1/output=image&v=2)
9 October 2017 | 7 replies
You can use a home address but you have to choose a business type , SIC Code that would justify it being ran from home.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1484064/small_1695533674-avatar-harim9.jpg?twic=v1/output=image&v=2)
9 June 2020 | 3 replies
That would classify as SPAM so its not something you could legally do.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1301002/small_1621511128-avatar-rebeccac64.jpg?twic=v1/output=image&v=2)
23 February 2019 | 2 replies
We’re classifying the neighborhood as a B-.Thanks all!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/71142/small_1621414488-avatar-romans5three.jpg?twic=v1/output=image&v=2)
2 September 2016 | 13 replies
@Becky Watkins sorry - I didn't read the title but that certainly would have helped my previous answer :)Since the stairs are required to enter/leave a rental unit, I'd like classify them as an improvement to the rental unit itself making it 100% deductible or capitalized rather than a pro rata rate.I'm not taking on clients for the 4/18 deadline but am happy to discuss post deadline.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/120687/small_1621417792-avatar-fiproperties.jpg?twic=v1/output=image&v=2)
12 October 2014 | 9 replies
OTOH, many folks don't think this are truly classified as securities, so advertising is fine.
15 May 2018 | 1 reply
If the LLC is incorporated in another state, then by default any business activity conducted in the state of Texas (including banking) would probably classify it as a "foreign" entity.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2022513/small_1673318838-avatar-noahb98.jpg?twic=v1/output=image&v=2)
15 May 2023 | 4 replies
All advertising must be posted within our Classifieds forum only!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/9/small_1621345214-avatar-biggerpo.jpg?twic=v1/output=image&v=2)
31 March 2021 | 76 replies
For example, let's say my pro forma uses the following assumptions, excluding any vacancy:Monthly Rent: $2,000Monthly Expenses, excluding mortgage: (Taxes, Insurance, HOA, CapEx, etc): $1,750NOI: $1,550Mortgage Payment: $1,300Monthly Cash flow: $250Now if we assume a 5% Vacancy Rate = $100 and include it as a negative revenue, NOI Margin (NOI / Income): 76.3%Cashflow Margin (Cashflow / Income): 7.9%Gross Rent Multiplier (Property Value / Annual Rent): 7.242% rule-of-thumb (Income / Purchase Price): 1.15%50% rule-of-thumb (Total Expenses / Income): 23.7%If we instead assume the vacancy rate is an expense: NOI Margin (NOI / Income): 72.5% Cashflow Margin (Cashflow / Income): 7.5%Gross Rent Multiplier (Property Value / Annual Rent): 6.882% rule-of-thumb (Income / Purchase Price): 1.21%50% rule-of-thumb (Total Expenses / Income): 27.5%I realize it may not seem like a material difference in this example, but I imagine in some scenarios it could lead you to make different decisions just based on how it's classified.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/819742/small_1626819106-avatar-katiemiller.jpg?twic=v1/output=image&v=2)
4 January 2023 | 0 replies
If you are looking for a referral for a contractor, please go to our Real Estate Classifieds forum and post there!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1715499/small_1695267974-avatar-harithan.jpg?twic=v1/output=image&v=2)
28 October 2020 | 15 replies
Notes can also be classified as conforming or non conforming, Dodd Frank compliant or exception, performing or non performing.