Hi Jakub,I'm invest almost exclusively outside of North America nowadays and my main purpose is to maximize my returns.

For those holding SFRs in Indy — how are your returns looking compared to a few years ago?

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 land itself is not depreciable.

What is the purpose of refinancing?

What really drew me to this project was the chance to combine strong, predictable cash flow with a mission-driven purpose — creating housing that changes lives while producing sustainable returns.

@Tony Thomas,From a tax perspective, here are a few things to keep in mind when using a HELOC on your quad for a new property:Paying off the HELOC at sale: If you sell the quad with a balance on the HELOC, the title company usually handles this at closing, so it’s taken care of automatically.Interest deductions: If you use the HELOC for a new rental property, the interest may be deductible as investment interest—but if it’s used for personal purposes, the rules are much stricter.

You will very likely sign a business purpose affidavit at closing of the DSCR loan.

Quote from @Zarresha Carr: @Michael Smythe That’s a great point, Michael — I’ve noticed a lot of people using zip codes when discussing Detroit investing, but I can definitely see how that could be misleading compared to neighborhood or block-by-block analysis.

What really drew me to this project was the chance to combine strong, predictable cash flow with a mission-driven purpose — creating housing that changes lives while producing sustainable returns.

- Were the cash flow metrics tough to meet compared to traditional approvals?