Tom Nagy
Stay away from RAD Diversified
20 January 2025 | 32 replies
They give no official closing documents, just internal documents that I'm guessing are fraudulent. 170% profit in two years is a HUGE red flag🤯Â
Raqia Bethea
Am I overthinking
24 January 2025 | 6 replies
Right now I have a kid in college and my primary income wouldn’t be any help.
Michael Marden
2nd Long Term SFR by beginner in AZ
27 January 2025 | 2 replies
Purchase price: $355,500 Cash invested: $75,000 Rental Property near community college What made you interested in investing in this type of deal?
Charles Roberts
Who owns short term rentals in Japan?
24 January 2025 | 5 replies
We have two young boys who also enjoy Japan and hoping we can all begin to learn the language and possibly enroll them into an International School during the summers.
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.
Ryan Napman
New BP Member - Canadian Resident
22 January 2025 | 7 replies
I purchased my first buy and hold SFÂ rental property last year and turned the property into a student rental as it was very close to a local College.
Jonathan Small
2 Bedroom 2yr Rental Into Flip
21 January 2025 | 2 replies
It is located in an area that attracts college students/employees, working class families, and military families.
Connor Maillie
Hello BP Community!
20 January 2025 | 4 replies
I have been on this platform since college.
Suzanne Chan
Fully stabilized 33 unit apartment complex
17 January 2025 | 2 replies
Conveniently located in Bryan TX, within walking distance to A&M Bus stop and a short 5 minutes drive to College Station, home to the largest university in the state, Texas A&M.
Reno Philip
Connecting with other Houston investors
10 January 2025 | 15 replies
I am right down the way, located in College Station / Bryan market.