Joe Zupancic
The other "smoking" included in the lease or as an addendum?
Just wondering what other landlords in Colorado are doing in regards to the Devil's Lettuce? To me, no smoking in the lease is pretty obvious that it should cover this as well, but apparently it doesn't with a curre...
Chris Marshall
Building an apartment complex
Hello all, I've been looking in my local community for a fix and flip for about a year. I haven't found many and the ones I do find I get beat out on the contract or I can't seem to get the numbers to work. Now I know...
Joe Schmoe
Annual per unit expenses for Class C Buildings
Hello All,I'm looking for apartment buildings in the New England Area. With valuations being what they are, Class C buildings seem closer to my target acquisition costs than Class B. As I look at various numbers, I'...
Alecia Loveless
Is it time to non-renew the lease
I bought a property mid-April and inherited several tenants. Most have been wonderful. One has been a problem since day one. She is passive aggressive and most weeks calls me or texts me at least 5-7 times. My contrac...
William B Wood
Renting SFH by room to college students - 5 unrelated people rule
I'm looking at getting into renting SFHs to college students in AZ. I know there is a rule about no more than 5 unrelated people living in the house but I'm not sure how to interpret this. Does anyone have an understa...
N/A N/A
1031 Tax Group
I am just interested in finding out if there is anyone in this group that was involved in the 1031 Tax Group debacle with Ed Okun?
There have been a few new developments and I wanted to know from your side how thing...
Mauricio Duarte
QuickBooks for Flippers - Inventory vs COGS
Hi everyone!Newbie here. Please be kind. I’ve recently formed an LLC with a partner to flip houses. We’ve purchased our first property and the project is underway. I’m a CPA (originally an auditor, now in consulting),...
Ryan Mangini
Medical Marijuana user in mixed residential/commercial building
I recently closed on my first deal which is a building with 3 commercial properties on the bottom and 9 apartments on the second floor. A resident on the second floor is a medical marijuana user who vapes for her cond...
Derek Blankenship
Multifamily Evaluation - Should I run?
I came across a multifamily building for sale in Miami.
These the the numbers. I'd really love feedback.
Seller states that the rents are undervalued. Most of the leases were recently signed in May of 2022. When I...
Thad Rush
Hello Everyone
Hello BP family,
My name is Thad Rush, I'm a realtor with Long & Foster working in PG, Montgomery County Maryland, and soon to be DC territories. I've been dabbling with this website not realizing the po...