Ethan Swanner
New Investor trying to learn
3 October 2024 | 2 replies
Hello anyone and everyone, I am new to the real estate scene but I have been reading books and learning through podcasts for the past year in my free time.
Zachary Gray
Commercial Brokers in MA
31 October 2024 | 0 replies
Hi All,When sourcing larger commercial deals, who are the brokers that you connect with most prominently and what markets do they operate in?
Will Sherman
Anyone have a lease that includes periodic use of property by landlord ?
29 October 2024 | 5 replies
If you are charging market rent, the rent you will lose for that 1 week of occupancy would afford you the ability to rent a comparable property on the market without the need for any of this kind of nonsense.
Karen Smith
Key Qualities to Consider in a Borrower Before Offering Private Money Loans
11 October 2024 | 17 replies
Beyond just the borrower characteristics, you might want to remember the broader 5 'C's' of Credit: Character, Capacity, Collateral, Capital, and Conditions.As a smaller lender myself, I focus on the Borrower first and their ability to get a project across the line with as little headaches (to me) as possible.
Joe Derobertis
Cleveland Experts what class would you consider this area?
16 October 2024 | 16 replies
Thanks for all of the responses.
Sergio P Ramos
Can a seller legally avoid closing on a deal?
7 October 2024 | 16 replies
I am able to wait it out as I've moved on to the next deal while waiting on the outcome of this issue.
Melanie Baldridge
If you want to be a real estate pro, you need to understand the TERMS:
9 October 2024 | 1 reply
It allows a substantial portion of the asset's cost to be deducted in the first year of service.In 2023, the bonus depreciation rate is 80%.In 2024, it decreases to 60%.In 2025, the rate further reduces to 40%.COST SEGREGATION:Cost segregation involves dividing a property into its individual components for tax purposes.Some parts age faster, like carpets or paint.Your CPA can use this info to more accurately depreciate elements of your property leading to potential tax savings.BASIS:Your basis is the initial price that you paid for your property, including any expenses or improvements.Knowing your basis is crucial for tax purposes, as it's used to evaluate depreciation & determine the capital gains or losses if/when your property sells.LAND VALUE:This is how much your land is worth without any buildings or improvements.Land doesn't get old like buildings, so you can't depreciate it.
Marc Shin
tenant on month to month lease
29 October 2024 | 4 replies
What do I say to them on the phone and how do I say it to them so that they agree to end the lease and leave in a peaceful manner?
Jake Andronico
Why is my rental not renting?
29 October 2024 | 0 replies
We've heard this question a decent amount recently, and I'm assuming that it's Nationwide due to the stats below: 2024 is the most apartment units completed in a single year since 1987.We're definitely no longer in the days of throwing up 3 blurry photos, pushing rents, and having 5-10 applications within a 3 day period (COVID era).
Rebecca Curtis
Hello BiggerPockets! New PRO here
3 October 2024 | 14 replies
If you are consistent with learning real estate over the next 4-6 months, you’ll be ready to purchase your first (or next) property in NO TIME!