Nicholi Hibbert
Carpenter & Plumber Contractor Recommendations - Southern New Jersey
13 January 2025 | 2 replies
Here are some contacts that might help you build your team in Camden County:Carpentry:Wood World: 267-916-3241Kole Made: 267-332-9663Glenn Pierce: 484-354-5202Plumbing:Ben Franklin In Home: 267-500-8020Roto Rooter: 856-470-1102Greater Works Plumbing: 267-826-6578I hope these recommendations help.
Khalaf Spencer
Hello, I'm new to Bigger Pockets
21 January 2025 | 12 replies
I think I'll start out where I live and probably branch out outnof state once I build my knowledge and experience.
Brett Baker
On water or off? Best value for ROI
2 February 2025 | 5 replies
That's because they aren't building any more oceans and rivers.
David Burton
New member learning to wholesale! Milan, TN.
2 February 2025 | 7 replies
My goals for joining is to meet people, build relationships and hopefully get my own thing going!
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.
Madison Sloan
Newlywed rookies close-ish to first purchase
18 January 2025 | 9 replies
@Madison SloanTo start house hacking, focus on saving for your down payment, researching target markets like Salt Lake City or North Idaho, and building a strong team of professionals, including an agent and lender.
Zoe Brennan
New Agent & Aspiring Investor
31 January 2025 | 10 replies
My advice is focus now on building your branding, business and client base in real estate.
Katherine Lewis
Success w/Marketing to Special Occasion Groups?
13 January 2025 | 5 replies
It takes a lot of time to build up a reputation in the wedding/event space.
Abigail Joanna
Buy tiny home to put on property or save for next property?
31 January 2025 | 7 replies
Make sure the zoning, local building department/regulations, and neighborhood allow you to put a tiny house on your property and rent it out.If that is not possible, using that money for the next property makes sense.In general, I think increasing housing density will help provide more badly needed housing affordably.To Your Success!
Melody R.
Thoughts about the virtual CPA firm The Real Estate CPA?
16 January 2025 | 18 replies
Im old school...my cpa is in the building next door and I like doing business face to face.