Adam Luepke
1st home is an up/down duplex
22 January 2025 | 4 replies
Denver is very expensive for a new guy who doesn't have loads of capital so a market like Missouri for example is intriguing for far cheaper real estate but then Id either have to move, improve the property remotely or simply buy and hold as a rental for X time.
Fed Finjap
Reflecting on my first year house hacking a 3-flat in Chicago
2 January 2025 | 11 replies
It wasn’t how I wanted to kick things off, but I worked with a contractor to get the bathroom fixed and functional.Once that was behind me, I focused on improving the building and maximizing income:I installed a shared washer and dryer for the tenants, a major upgrade that added convenience and increased the property’s value.I rented out the two garage parking spaces, bringing in consistent revenue.I also raised rents for the second- and third-floor tenants I inherited to be just below market-rate.
Arron Paulino
Update on Out-of-State Properties For Sale
21 January 2025 | 5 replies
The only other option that comes to mind is to make the improvements and try to achieve favorable rental rates to push the story that 2 BR homes rent for a premium because its unique.
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.
Schuyler G.
Which Areas Rent Fastest? Building a Tool to Find Out—Help Needed!
28 December 2024 | 7 replies
I could add this4) Maximize agency financing to improve overall returns safely
Brandon Stelling
Austin Texas market analysis
19 January 2025 | 2 replies
Parking lots, truck, parking lots, RV and trailer storage, storage units.Does anyone have good information on how to perform market analysis for these kinds of investments?
Susan M.
Problems w/ Allegiancy DST's? Alorica DST in Texas. RE Gain Fund LLC REIT 721.
9 January 2025 | 11 replies
I’ve reviewed a number of theses DST’s across numerous asset classes and there performance /returns are generally fairly low and unimpressive.
Rafael Valdor
Renting out my townhouse: DIY vs. PM vs. Realtor
11 January 2025 | 14 replies
I manage my own properties as do my clients; with the electronic resources for screening, rent collection, more - the ROI is greatly improved and you retain control of the property.Hope this helps.
Mark Forest
Matt Scott
20 January 2025 | 9 replies
But by the way they perform Matt must over burden them with tasks outside their experience level.
Teslim Salami
Cash Flowing Rental Property
12 January 2025 | 5 replies
Purchase price: $250,000 Cash invested: $14,000 I purchased and managed a rental property in Chicago, focusing on strategic improvements and tenant satisfaction to increase both its value and profitability.