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All Forum Posts by: Holly Radice

Holly Radice has started 2 posts and replied 3 times.

I am looking at a home in the Barnum neighborhood in Denver and am wondering if any investors in Colorado have insights on the area? The home has a separate studio in the back for rental income with solid rental history but I am still trying to get a sense of the likelihood of consistency in renting it out as a short term or mid term rental. 

Thanks in advance for any insights! 

@Caleb Brown -Thank you--the place was purchased early last year by current owner and completely renovated. 

I am looking into purchasing a 4 unit in Ohio as my first property. When we viewed the property it appeared that the water meter is not connected. We requested utility bills and after some time finally receive them. It looks like water is not being paid and I can only see a small fee every month (that is over due) meaning the meter is likely disconnected. In addition, the gas bills have shut off notices and are not being paid. (3 units are occupied and utilities are all paid by owner). Would I be on the line for paying these overdue bills upon purchasing? I am particularly concened about the water meters not being hooked up and potential charges there. 

Thank you!