However, he did also hedge later in his speech, saying “it is also possible that the inflationary effects could instead be more persistent, and that is a risk to be assessed and managed.

An ADA compliant ramp must be 1 foot in length for every 1 INCH of elevation change. 

Hey BP community,I’ve been noticing some interesting trends lately in my local market, buyers seem more cautious, especially with rates still elevated, but I’m also seeing solid demand in the sub-$500K range for move-in-ready homes.

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.

Driving this affordability crunch is the combination of elevated interest rates and soaring home pricesin the post-pandemic boom, although some markets have seen slowing growth in recent months.Click on image to enlargeMeanwhile, the West Coast metros of Los Angeles, San Diego, and San Francisco are the most unaffordable in the U.S. given high demand, supply shortages, and for the latter, proximity to Silicon Valley.Falling near the middle of the pack is Miami, where home prices are 6.4 times the median household income.

Greensboro’s rental market currently faces elevated vacancy rates around 8.4% in multifamily units, with modest rent growth and an increasingly balanced or cooling housing market.

I had a second speech the next day and, when I looked up, the guru was sitting there with a legal pad writing down everything.

SFRs Still WinningSingle-family homes in top school districts (Blue Valley, Shawnee Mission) are leasing quickly and often with multiple applicants.Families are opting to rent longer while waiting out high interest rates and elevated home prices.🧾 Ops & Management NotesMaintenance costs: HVAC, roofing, and insurance are our biggest pain points right now.

. 👉 Even if mortgage rates stay elevated for a bit, limited supply plus steady demand should keep prices supported.📅 What’s NextThe Fed meets Tuesday/Wednesday, and most expect them to cut rates.

A complete piece of work, completely disappointed in Matt F. on his interview and that Best Ever allowed him on in a way that doesn't warn investors of his true background.No mention of him changing his company from Simple Passive Cashflow to Wealth Elevator....him, I wonder why.