James Sills
Where to start
15 January 2025 | 3 replies
Leverage your existing equity to invest in smaller properties, such as a mixed-use or retail space, to gain experience and cash flow.
Fernando Martin-Gullans
Help me use my equity to scale my portfolio
10 January 2025 | 3 replies
Quote from @Fernando Martin-Gullans: Hey y’all, I’m a retail investor with 2 SFH rentals worth a combined ~$650k looking to utilize some of my stored equity to buy more out-of-state properties, but I’m not quite sure how best to proceed given that my interest rates are incredibly low (leaning me away from refinancing) and neither property is owner-occupied (which I believe prevents me from using a HELOC).
Edreco Amos
Looking to get my first long term rental property | How is Miami's market?
28 January 2025 | 18 replies
Where we can see a huge opportunity is in the flood damaged properties that are selling at fractions of the retail prices.
Melissa Odom
Needing Advice on Commercial Project
28 January 2025 | 5 replies
If we do a full rebuild, are retail shops the most profitable?
John Marchefka
Rehabbing land INSTEAD of houses??
10 January 2025 | 13 replies
Share cropping with a retail farm stand/farmer's market is one, if it's the right kind of land in the right location.
Nicholas Foy
Any experience with landlord insurance after property is burglarized and vandalized
27 December 2024 | 3 replies
- We had 2 break-in & furnace & HWH thefts there this year:(File a claim ASAP, you'll need:1) Utility bills to prove electric & gas were on2) A police report, proving a break-in3) Pics/video to prove the condition of the property to support theft claimWhat are you doing to mitigate additional damages?
Todd Douglas
Fix and Flip in Detroit 48213
27 January 2025 | 12 replies
Just decided to get back into retail real estate too so, back helping fellow investors and Home Owners acquire property along with my own projects this should be fun lol.
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.
Shane Smith
Opinions on franchises
25 January 2025 | 8 replies
Without going into great detail, you are provided 50 motivated leads per month for 1/5th of the cost I have found from “retail” lead companies.
Drew Curtin
Commercial and STR Management looking to GROW in 2025 - Georgia!!!
8 January 2025 | 1 reply
I used to own a large SFR management company I sold to Evernest in 2019 and I manage a Kroger SC and a set of retail condo suites for a client now but it isn't my thing.