Melanie Baldridge
What is MACRS classification?
In US tax law, the depreciable lifespan of an asset is defined by its MACRS classification which stands for “Modified Accelerated Cost Recovery System.”
Under MACRS, depreciable assets are assigned to different class...
Danny Diaz
Land developing
What are your thoughts on property development for quick profit or using it as a high performance property (rentals)
Mark Burlison
Crack in window/weather related
Put out a policy with my tenants if you break something you pay for it. Of course a gray area....tenant claims crack in window due to weather. They are very honest,, elderly couple on SS, he does shovel some sidewalk ...
Luke Turner
What was the reason your rental failed city inspection?
Hey guys,I've been house hacking for the last 2.5 years. It's gone very well and I decided I want to house hack another house and make my current house a rental property. I'm a couple weeks out from closing on my next...
Brianne Rothbart
Evicting tenant (and his guest)
I am evicting a tenant in Florida and am the end of his 5-day reply period after having him served with an eviction summons. Tenant has a person (people?) staying with him. I see multiple cars parked at the residence ...
Sandya S Swamy
Big, fast flip in a good school district with low taxes
Investment Info:
Single-family residence fix & flip investment in Broomall.
Purchase price: $237,000
Cash invested: $100,000
This property is located in a good school district, within walking dis...
Daniel Coleman
Approvals and permits needed to build something new
So I am a new and young real estate developer however I am student at heart and I enjoy here from you guys, y’all have a lot more experience then I do so my questions is this what is all the approvals and permits need...
Bobby Pagliarini
Commercial Build from ground up
Closing on a property that is zoned buildable for a 40 unit rental, with 4 commerical store fronts on bottom. Was wondering if anyone had experience or connection with commerical builders and knew a range of prices pe...
Paul Sandhu
Have you ever called the police on your STR tenants?
This last Friday evening I saw a person laying on the sidewalk in front of my STR apartment complex. They were all empty because of the holidays. There is a group of about half a dozen guys staying in about half a d...
Paul Brar
Potential development opportunity in WA state
Hey guys,New to BP but have been investing in residential real estate for some time now. Came across an off market deal in kitsap county, WA state. 8+ acre lot with 2300 sq ft home in front of lot. Zoning allows for 2...