Jeff S.
Reserve Studies going bonkers
18 November 2024 | 2 replies
Since reserve studies attempt to forecast replacement costs of items over a 30 year period they are having to recalibrate since the reserves they are now using did not use the latest increase in construction costs.
Sendil Thangavelu
Tenant Eviction case--Ocala, FL
18 November 2024 | 13 replies
If they have not done those two items, there should be no reason why the courts will holdup the eviction.
Jake Hughes
Cost Segregation Study
17 November 2024 | 7 replies
A cost segregation study looks at the overall building that you purchased and breaks it down as much as possible.The purpose of this is to increase the depreciation expense.Without a cost segregation study, you are depreciating the property over two items(Building and Land).However, a cost segregation study might identify items such as fencing which might be eligible to be depreciated over 15 years instead of 27.5 years.Depending on the year that the building was placed into service, you might be able to take bonus depreciation on certain items.The follow-up question to ask your CPA is will the cost segregation study help me, and by how much?
Minnina Smith
Just Starting Out & Have Questions
20 November 2024 | 19 replies
Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.
Nida Chaudhry
1800 sq ft Storage warehouse - advice needed
11 November 2024 | 4 replies
If you’re aiming to attract higher-paying renters, consider going taller (10-12 ft) for flexibility with larger items or small vehicles—this may boost interest and rental rates.
Sanjeev Advani
99 Cents Only Closures: Phoenix Retail Market Shifts
13 November 2024 | 1 reply
After 99 Cents Only filed for bankruptcy in April 2024, 28 stores in Phoenix closed, leaving 632,900 square feet of prime retail space available.
Marc Shin
best way to set up and furnish an STR from long distance
15 November 2024 | 5 replies
Rent a storage unit in a nearby town, ship all items to storage unit, pay someone to then use the items to furnish the home or make a weekend trip
Natali Cobb
Should I include washer and dryer in my rental?
18 November 2024 | 35 replies
Or repair if they renew lease.2) You are NOT required to remove & store them if a tenant has their own appliances. - Just be careful with this one as we once had a tenant store stove/fridge outside in the yard - during the winter -- so they were ruined.
Jaycee Greene
First Time Homebuyer House Hack to Duplex Rental
16 November 2024 | 0 replies
Upgraded kitchens, bathrooms, and other items that hadn't been touched for years What was the outcome?
Robbie Shiver
Short Term Rental Alternatives? Need Help/Ideas
15 November 2024 | 17 replies
You just have to handle cleaners and maintenance items.