Will F.
Restauarant and Retail - LOIs, TIs, Variances, and Leases
Hey can someone give me general advice on retail/ Restaurant Leasing. Building Located in Los Angeles County.I purchased a value-ad mixed use with retail/ with goal: to maximize value to property.. Possibly refi in 2 ...
James Syed
6 Unit Apartment Building, Is it a good deal?
Hello BP, I am interested in buying this 6 unit apartment building. 6 Unit Building, Each unit is 2 bedroom 1 bath, 725 sqftTotal rent $3400 per monthTaxes $459Insurance $250Repair & Maintenance $300Cap Ex $150Vac...
Nicholas Miller
ridiculously high amount of rent
I have a small, one bedroom apartment that was filled by a property management company with a household of 4 ( 2 adults 2 children ). Being a one bedroom 900 sq ft space I thought a household of 4 was a stretch but w...
Alex Ericksen
How strict is Provo City on definition of "accessory apartment?"
Greetings fellow BP friends. I have a few quick questions for any of you familiar with renting/landlording in Provo City, specifically relating to their rules on "accessory apartments." I went under contract this Satu...
George Creel
How to Owner Finance from a Land Trust
I've asked this question before and haven't received a single response, but I'll try again. I want to buy a property sub2 by using a land trust. I would have beneficial interest but the deed would be in the Trust's ...
Scott Campbell
How to do Section 8
Section 8 sounds like a good way to go for rental properties, since the rent checks come from the government. So how do you set up a unit for Section 8? Do you have to register it or have it inspected? Are there any d...
Erick V.
Scenario Question..........
I buy an HOA lien through foreclosure and get on title. If the borrower is deceased, and the 1st lien payoff balance is less than market value, can I sell the property?Or if the payoff balance is more than MV and I ha...
Dean Letfus
International Investors be careful who you deal with!
This company stole our companies IP and set up in competition in Memphis without any idea of what they were doing. Obviously the level of their criminal intent is only now coming to light. They sold well over 200 door...
Kai George
Raising rents on Section 8 Month-to-Month tenants
Hey BP Fam! I'm considering placing an offer on a triplex in south Los Angeles as a house hack. Two of the potentially inherited tenants are section 8 and paying month to month! Both units are renting about $400 -$50...
Janice Viescas
What to include in a Lease
I am going to hire a property manager for my house, and I am assuming he has a general list of what is standard. One of my concerns is smoking and having a quiet tenant. Can I say that there is to be no smoking (insid...