All Forum Posts by: Matt Dorsten

Welcome @Ted Fossett!

If you're one to buy and hold, have you consider non-res for investment?

John, to directly answer your question- I would saw yes, you may be subject to property forfeiture if MJ cultivation or distribution is present on your property.  Marijuana is still illegal on the Federal level and even though the current administration has chosen to to utilize resources to fight the legalization of MJ, it's still federally illegal and could change with the next administration or the next or the next... until federally legalized.  Just today an article was published in the Denver Business Journal about a Credit Union not being cleared by the Federal Reserve to operate (even though credit unions are state chartered banks but, I digress).  It seems the only Federal agency not fighting marijuana is the DEA but, the IRS and Federal Reserve are putting up fights.

@Charlie Gruber, welcome!  

If your interested in a buy/hold strategy for passive income, have you considered non-residential?

 I have to agree with the non-residential market being strong right now for good investor flip opportunities.  There are quite a few properties that need some TLC but have good cash flow.  According to Co-Star (a non-res search engine & data provide for commercial brokers), Q3 in the Denver market saw Industrial at 4.1% vacancy (national @ 6.7%), Office at 9.8% vacancy (national @ 10.6%), and Retail at 5.1% vacancy (national @ 5.7%).

Regardless, welcome to BP!  

Hi Max & welcome!  Good luck in your multifamily ventures.  Have you considered commercial real estate?

Welcome Xavier!  Don't be shy to ask questions, the people on here are amazing!

Hi Justin & welcome!  Do you ever get involved in commercial properties?

@Jason Miller

Welcome & thanks for your service!

Welcome Marty and thanks for your service!  Have you thought about investing in Commercial Real Estate?

Welcome Navin!