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Results (10,000+)
J.P. Coghill Appfolio On Boarding
15 January 2025 | 8 replies
They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.
Jerry Maze Investor friendly Title Companies and Closing attorneys
5 January 2025 | 5 replies
Mobile closing anywhere?
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.
Wade Wisner Help with Note/DOT investing
28 January 2025 | 14 replies
Maybe mobile home parks?
Marc Robinson Community input on a small mobile home park, distressed with high vacancy
13 January 2025 | 10 replies

I have an off market opportunity. 30 pad trailer park, only 19 trailers currently on-site 17 with MTM tenants. Rent roll was ~$8K last month. They are looking to get $500K for the park. 16 of the 19 trailers are park ...

Edward Toomey V 5 months using RentRedi and I HATE it
19 January 2025 | 55 replies
None of those "notifications" they say they'll send every make it to my phone because it's not really an app, it's just a website as an app. 
Noyessie Hubert Tenant not paid rent, step for eviction
30 January 2025 | 4 replies
Yes I agree you need to have a phone consultation with an Attorney.
Jonathan B. STR Depreciation/Bonus Depreciation Question
24 January 2025 | 11 replies
I did not know of this time log requirement for STRs, so as a newbie I am going back through emails, texts, phone logs, invoices, etc. to determine how much time I spent on everything.  
Mark Forest Matt Scott
20 January 2025 | 9 replies
I disagree with Best Properties ( post above )as I have given Matt Scott money and I can always get him on the phone if I need to.
Tyler Koller Baselane Vs Stessa
16 January 2025 | 31 replies
Although Baselane doesn't have a formal app I find it very mobile friendly, I use it on both my iPhone and IPadI think Baselane has a slight edge over Stessa so I think I'll start with them and switch to Stessa if it's not working for me.