Thomas McPherson
Feds Cut Rates Again - Predictions for New Office
21 November 2024 | 7 replies
Do you think that could lead to a price correction or just a plateau?
Devin James
New Construction - Color Package
7 November 2024 | 1 reply
We introduced a new color scheme for our new construction homes.Once the exterior paint was finished, we realized that we strongly disliked the color we chose for the garage door.Easy fix, spend the money to repaint the garage door and update the color package for future homes.Hiccups like this happen every day in this industry.
Danny Lyu
My 2 Options: Personal vs Commercial Loan
26 November 2024 | 35 replies
A "pre-approval" sounds like a "consumer" mortgage rather than a commercial loan for investment real estate, is that correct?
Henry Clark
Self Storage- Marketing- Customers 1 mile to ????
27 November 2024 | 15 replies
Look for property for sale with the correct zoning or that you can get a variance4.
Truong Vu
Concernedly time purchase a home
23 November 2024 | 7 replies
Eichholtz’s initial research showed that real housing prices (corrected for consumer price inflation) gradually changed over time, but were fairly equal in 1973 compared to prices in 1628."
Thomas Sloan
How do you get buyer leads?!
20 November 2024 | 1 reply
I don't know that there is a much bigger vetting process other than if they can pay for leads, but correct me if I am wrong.I have been on here for ten years and sourced hundreds of leads without ever asking for a single thing because all I do is show up and answer questions and add value.
Alex Dixon
STR Tech Stack
22 November 2024 | 13 replies
@Tom Dieringer you are correct that they are similar services.
Loren Becker
Assignment using a C.A.R purchase agreement
20 November 2024 | 20 replies
I am currently moving through my first assignment of RPA escrow period and all of the seasoned people who shared their "assignment of agreement addendum" experiences and insight has given me the confidence to know I am moving in the right direction and taking the correct steps in order to close this transaction correctly.
Anna Thanopoulou
First year depreciation in STR
19 November 2024 | 7 replies
We purchased a property in early October and are placing it in service this week (mid November).We had intended to run a cost segregation study and try to accelerate depreciation which we can deduct against our W2 (assuming material participation).However, we have been reading through the IRS guidelines (eg publication 946 on Property Depreciation) and there seems to be the concept of "short year" which would mean that we can only deduct ~1.5/12 of a year's worth of depreciation in 2024.Is this correct or are there any different rules for STRs specifically?
Eric Carlstrom
First-Time STR Buyer --- Feedback / Guidance Requested
26 November 2024 | 21 replies
You are correct, no HOA and my plan is for no TV, just internet, as you noted.