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11 May 2024 | 10 replies
In order to non-renew a lease agreement, the housing providers must have a legally allowable cause AND legally inform the tenant that they are initiating a no-fault eviction on the tenant.This is a major change in Colorado contract law as housing providers may only non-renew (or no-fault evict) a tenant for one of the below reasons as outlined in the new law.Legally allowable reasons to non-renew a lease agreement (no-fault evict):= Demolish the property= Convert to non-residential use= Convert to short term rental= Owner moving into propertyIf the owner IS moving back into the property there are additional specific requirements – including timeline requirements to ensure the property may not be re-listed for rent for a specific amount of time.= Owner selling the property= Substantial lease violations= History of non-payment of rentThe history of non-payment of rent is conditional and specific as to the details and timeline of non-payment.
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10 May 2024 | 6 replies
I want to buy an apartment complex with an old 401k by converting it to a self directed and leveraging debt.
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10 May 2024 | 0 replies
Purchase price: $473,000 Cash invested: $28,000 My wife and I purchased this as a primary residence and then converted it into a mid-term rental 1 year later.
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14 May 2024 | 164 replies
That's why if all mortgage is converted to 3YARM from 30YFRM, real estate price may go down by now lol ... someone has 5 million assets right now and paid $2500 monthly mortgage LOL , it's quite possible
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10 May 2024 | 22 replies
I have an old 401(k) that I want to convert to a self employed solo 401k so I can direct the funds in to real estate investments while leveraging debt and evading the UBTI expense that comes with a self directed IRA when leveraging debt.
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10 May 2024 | 15 replies
Note the standard 401k and IRA limits will be maxed..This needs to be AFTER TAX contributions that can then convert to Roth.Thank you for any insights-pr--Respectfully ask not to be contacted directly by financial advisors seeking new clientele.
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10 May 2024 | 3 replies
We also want to convert Airbnb guest to future direct booking guest by giving them our direct booking info and telling them they can save money next time.As far a payment, I agree with @Dan Thomas.
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10 May 2024 | 2 replies
We strted seeing office building sold with 90% discount and converted to multifamily and such.
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9 May 2024 | 3 replies
And it is perfectly fine to convert a property from primary to investment and vice versa.
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9 May 2024 | 4 replies
I was thinking about possibly converting it to an ADU.