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All Forum Posts by: Marc Dufour

Marc Dufour has started 50 posts and replied 90 times.

Post: 6 months tenant = half deposit?

Marc DufourPosted
  • Denver, CO
  • Posts 97
  • Votes 4

I have a potential tenant who wants to lease for 6months instead of 1 year, my standard lease.

I said the deposit is 1 month rent for 1 year. Now the potential is asking to drop the deposit by 50% (only half a month), because he wants to lease for 6 months. Is it fair???

Post: Move-out list of things to clean

Marc DufourPosted
  • Denver, CO
  • Posts 97
  • Votes 4

I am looking for a form listing typical things that needs to be cleaned by the tenant once they move out. Could you please share one?

Post: Accept or deny?

Marc DufourPosted
  • Denver, CO
  • Posts 97
  • Votes 4

what's my liability if he happens to do drugs on the property?

Post: Accept or deny?

Marc DufourPosted
  • Denver, CO
  • Posts 97
  • Votes 4

he mentioned he got commissioned by the city and got paid.

Post: Accept or deny?

Marc DufourPosted
  • Denver, CO
  • Posts 97
  • Votes 4

What do you mean 3x rent? He is OK to pay 12 months upfront.

Why income flow is important even though he can pay for 12 months upfront for a 1 year lease?

Post: Community Garden Rentals

Marc DufourPosted
  • Denver, CO
  • Posts 97
  • Votes 4

Thanks for the update. The water source is $25K just to connect...I don't think I can build anything on it as it is zoned "open land".

I don't quite get it was community gardens are so cheap...~$20 to $30/year!

Post: Accept or deny?

Marc DufourPosted
  • Denver, CO
  • Posts 97
  • Votes 4

I am planning to rent a property in southern california. Here is the situation

1 - I only received 1 application after 6 open houses and dropping the price to market value

2 - the application is an artist and would come with his wife and 2 kinds.

3 - He is willing to pay 1 year lease upfront.

4 - He got convicted 3 times for drugs 10 years ago.

5 - Got commissioned now by a big city, but no other regular income employer.

Would you recommend I accept as he would pay the 1 year lease upfront? I could increase the deposit to 2 months? Other suggestions?

Post: Open Land Zoning

Marc DufourPosted
  • Denver, CO
  • Posts 97
  • Votes 4

I receive a land zoned as open land recently. It is in an urban area in California. I don't expect we can do much with it....but typically....what are the options to monetize it? Can I place a mobile home on it even though it is not residential? community garden? art center for open air concerts or open air painting workshops? Other ideas?

Post: Commission to sell land?

Marc DufourPosted
  • Denver, CO
  • Posts 97
  • Votes 4

I want to sell a land and the agent mentioned he would take 5% (2.5% for buyer/ 2.5% for seller). If he represents both, he would take 4%. Is it fair? Any other suggestion to negotiate the agreement with the agent commission?

The land will be a particularly difficult one to sell and I want to make sure he remains aggressive at selling it.

Post: Community Garden Rentals

Marc DufourPosted
  • Denver, CO
  • Posts 97
  • Votes 4
I would like to know how much I could rent a 10,000 sq ft land in the Bay Area for community garden? The zoning is not residential and I need to find other ways to monetize it. It is classified as "open land". Any other ideas?