Troy Fisher
Is the broker screwing with me, or just not smart?
I'm evaluating this commercial property and asked the broker to send me the offering memorandum. But it doesn't make any sense, so if you guys can give some advice if they might just be making mistakes, or screwing w...
Ned Carey
Cap rates for small multi falmily buildings
I am putting together a package to present to private lenders for a 5 unit building. I am curious what cap rates are nationally for small multi family C class buildings.
I am using a 12% cap rate which I figu...
Tony Frasher
Can you tell me why this is or isn't a good deal?
I have a couple of single family rentals, but eventually I would like to get into commercial properties. This will probably be at least a year or two out, as the numbers scare me for the time being, but I would like ...
Francisco Feliz
Can I stop them from smoking weed?
Hello, Happy Holidays, BP! Question for you guys: with the impending legalization of weed, can landlords legally require their tenants not to smoke marijuana on the private premises? Thanks.
Chris Fennimore
Question About Rules on Raising Private Money
Hi, I'm relatively new to BP and have searched around the forums for an answer to this, but couldn't find a definitive response. My partner and I have been buying rental properties in Albuquerque for several years. T...
Jeremy England
Renting after mold remediation
So I have a tenant that is very sensitive to mold and she is moving out of my rental. I went there and sniffed around the area and smelled nothing. Whether it be physical or psychological, no matter, she was clearly...
Noel Felix III
Group Deals- Is there a way for several people to invest at once?
If I have a group of people looking to invest into one deal, how would we go about setting that up? Should there be a trust? What if the group can only come up with part of the money? Then we would go to a hard money ...
Jim T.
California Rent Gouging Laws
In late 2017, Governor declared a few counties in California "Disaster Areas" and CPC 396 comes into play forbidding rent increases exceeding 10% for the 30 days after the declaration. According to CPC 396, it can be ...
Malik Mo
Abandoned unit in Minnesota
Does anyone know the rules in Minneapolis for abandoning the unit by tenants? Assuming the tenant is gone without paying the rent and no where to be found or called for over a month.Thanks
Steve Witt
Seller Financed Mobile Home Park
Hi,I'm looking at a small mobile home park in Ohio.Outside a small town ( nice rural area) commutible to Dayton Ohio.Its a Mom & Pop ,no leans, very run down.It has 6 park owned rentals bringing in $3600 a month (...