All Forum Posts by: Marcus R.

Try Kin Insurance or Liberty Mutual.  That's who we use. 

Tagging @James Carlson and @Steve K. for reach.  Two of the best in the local Denver/Boulder/Springs market who can help you find what you're looking for

Scott beat me to it by 1 min.

No decision is a decision so my wife and I decided we'd like to come up with our own plan instead of letting the state decide. 

@James Kerson - Give this a shot until something breaks or you get consistent "no's".  Iterate and try again.  Prob worth a shot given the startup capital.  And if it doesn't workout you'll learn a lot in the process.

I think you can sell with a tenant in place, I did it with a small condo a few years ago.  

Other investors may be interested and you also have investors who are running outta time with a 1031x.  Just be sure to be transparent with the financials and tenant behavior. 

Option 1 - I started with a condo and could be worth it if you buy right.  Look for condo/townhomes in smaller communities (8-16 units for example).  Buy something that can be a live-in flip and you're on your way.

Option 2 - Does it make sense to buy with your brother and spouse? Duplex, House + ADU, create walk-out basement etc...Agree on how the partnership will work in advance.

Pets all the way.  Include it in your advertising.  One of the biggest benefits we can offer over a hotel or large apt buildings.  With a hotel/apt you need to take the elevator down and go through hallways to let your dog out. 

In my experience pet owners tend to be more responsible.  Takes a lot of organization and preparedness to fly with a pet.  Lastly, while birth rates are declining the # of pet households is increasing.   

@Brittany Guimond - Yup, definitely seeing the same.  Noticing a slow down lately for one unit but this is historically slow season.

Anything particular that helped you get it rented?  I've dropped the price but may also offer a concession similar to yours to help with moving costs. 

@Sara Holda and @Teonia Riley - Reach out to @James Carlson. Best there is at navigating the complex landscape out here and helping you make the right purchase to be competitive in the STR market.

@Sean O'Keefe - One more request.  Can you send to me please?