Henry Clark
Self Storage- security system success
2 January 2025 | 2 replies
You can then tell the security office to disregard any alarms the rest of the night if needed.They run off of batteries and need to replace about every 3 years.
Seth Church
From vagrant infested problem property to gold mine.
28 December 2024 | 1 reply
Purchase price: $110,000 Cash invested: $2,000,000 399 Helmericks Ave includes 3 warehouse/shops totaling 60,000 sq.ft. and office space totaling 7,000 sq.ft.
Brandon Morgan
is an LLC necessary?
4 January 2025 | 28 replies
However, I was talking to a DSCR loan officer about a property I was looking at and they told me that they would only lend to an entity like a LLC or corporation; they would not lend to me individually.
Grant Schroeder
Gratitude for Growth in 2024! On to 2025!
6 January 2025 | 0 replies
We set a record for our Team, serving 82 families and funding over $32 million in loans this year.We ranked in the top 5% of loan officers/teams in the entire Nation and top 3% in the State of Oregon!!
Eric Robertson
Investor friendly insurance company
11 January 2025 | 4 replies
Let me know if you need help, I'm not licensed in MD, but I know we have an office there.
Dominic Mazzarella
Turning Challenges Into Opportunities: How I Saved My Multi-Use Property Sale
15 January 2025 | 5 replies
Then, just three weeks before closing, my largest commercial tenant—who brought in as much monthly revenue as all 25 mobile home tenants combined—announced they were moving to a location closer to their main office.
Jp Coghill
Appfolio On Boarding
11 January 2025 | 1 reply
Once you get this information to them you will also be required to do a zoom call and walk around showing them some of this info - the office, any signage, and locks on doors.
Kristi Kandel
Resources to Help LA Communities & Families Rebuild After Wildfires
13 January 2025 | 4 replies
It’s worth reaching out to your local tax office to explore options.
Darrius Lloyd
Multi Family House Hacking
8 January 2025 | 2 replies
I am reading a bunch of real estate investing books , talking to realtors & loan officers, and trying to educate myself best I can.I'm also looking to expand my network within the real estate investing community, and I believe this is a great opportunity to connect.
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.