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30 August 2024 | 6 replies
Are multifamily frequently put on the market?
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29 August 2024 | 2 replies
After the cost segregation study was performed, this was the new asset allocation breakdown by useful life.Here are some examples of what types of assets are included in each of these asset classes.5 Year Useful LifeSpecialized equipmentCabinets and countersRefrigerators and microwavesSecurity alarm systems and telephone connectionsDecorative wall treatments, ceiling fans and flooring15 Year Useful LifeSidewalks, landscaping and asphalt pavingSignage and site lighting39 Year Useful LifeDoors, walls, roofing and windowsFlooring, drywall partitions and ceilingsEmergency lighting and restroom fixturesPlumbing, HVAC, and electrical distributionThe use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.
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30 August 2024 | 22 replies
If we did, it means we need to have that hard conversation and get a new cleaning team.When we find a cleaning deficiency, we will send our inspector out more frequently in the subsequent turnovers.
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29 August 2024 | 10 replies
Not generally a fan of mobile homes (unless you're talking about a mobile home park itself).
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29 August 2024 | 13 replies
Damn this forum is much better than the fb group - thanks for the quick reply Brian, I'm a big fan of your book btw
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29 August 2024 | 10 replies
I know the neighbors around here aren’t much fans of short term rentals so you man have an issue there.
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29 August 2024 | 14 replies
STRs depend on seasonal demand and can have more frequent vacancies, while LTRs provide steady, predictable cash flow with longer leases.
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28 August 2024 | 5 replies
I post frequently about the unnecessary complexities of most real estate investors asset protection structures and the point I normally emphasize is the lack of attention placed on the day to day operations that are far more critical to reducing liability exposure.
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30 August 2024 | 8 replies
-Sauna-Hot Tub-Patio/courtyard (large cement tiles on crushed bluestone with lighting, natural gas line to bbq)-Secondary patio off primary suite-Losing sq feet in the primary bedroom to enlarge the bathroom-High grade cabinets-Appliances with cabinet fronts-High end appliances (Viking/Miele instead of GE Cafe)-Outdoor shower (teak box walls with a dry well beneath the footprint)-Wiring for Cat6 to every room-Wiring for surround speakers (or including the speakers that are built into the walls)-Sonos whole-home audio system-Hardwired cameras (with on-site storage) to the exterior of the house-Smart features: thermostats are a given, but how about light fixtures, switches, aromatherapy, fans ... anything else?
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30 August 2024 | 25 replies
I love taking off platform bookings because I am not a fan of Airbnb and their arbitrary policies at all, and lately VRBO has begun turning to the way of Airbnb as well.That said, we do get fraud through our site quite often.