I'm thinking of accepting a job offer to become a commercial real estate broker in a major city (Los Angeles). The thing that worries me is the lack of income and health benefits when starting out.For those of you wh...
Prospective tenants put down a nonrefundable deposit to secure an apartment. Nothing signed just texts agreeing. Good references but started asking to buy the 3 beds in the unit so I get red flags! Called their landlo...
Hello, so I had my fourplex tested for asbestos and they have found it in a couple of areas. This is in one unit of the fourplex so I'm assuming there is more in the other units. This will likely blow up my budget a...
Doing the numbers on our potential first deal. I've read everywhere that rates on investment properties are always higher than rates for a conventional primary residence. If current rates are around 4.28% for primary,...
Hi All,
I am in need of advice.
I have a small multi unit commercial/residential building. 7 units, each just over 1,000 sq ft.
A basement level commercial unit is available and the potential tenant that I have is ...
Has anybody ever done this?Was listening to a Tax Podcast talking about potentially doing this via residential housing. Would be smaller in scale, less residents per caregiver (better quality of care), and less headac...
Hello BP Community - My wife and I are looking at several properties to BRRRR that are on well and septic and have the potential of transforming the house into a multifamily. Plus, build additional MF building ($105sf...
I have a unit opening on May 1 and we have just listed it for rent. The tenant would not allow us in to take pictures or videos and sent me a message that said she does not want anyone in her unit before she moves out...
I had a potential tenant tell me that she vapes, and asked if that would be a problem. We don't allow smokers in our units (inside and outside are 100% smoke free). Are there any second hand health issues relating to ...
Hi
Having a new guy come in and do an inspection on a potential purchase of a 10 unit apartment building with retail storefronts (including a restaurant). Building is close to 100 years old.
What would...