Investment Info:

Small multi-family (2-4 units) commercial investment investment in Kansas City.

Purchase price: $135,000

This deal is for three lots (4930 Paseo, 4940 Paseo, 4935 Lydia) with an existing...

The thought by joining is to get updates on local laws, disclosures, and overall market conditions.We know that markets are hyper local, so having knowledge as to what's happening might be beneficial to how we invest.

Brief update: no property damages.

I'm relieved I have a lawyer, he suggested the lien in this situation because they were being uncooperative down to providing us with a recent fully executed copy of the lease with updated contact info for the tenant. 

Booking .com is easy to export to initially, but after the initial export updates must be made to the listing manually (updates to the listing other than pricing updates that is).

@Robin Gravlin do you have an update on this for all of us? 

Having  more flexible cancellation policies, having good reviews, offering discounts, updating listings periodically, not cancelling on people, etc

Although it depends on your state's and brokerage's specific guidelines on accepting referral fees, there are some exceptions to RESPA's coverage that were updated August 2023. 

Tools like Cozy or Buildium can streamline processes.Understand Legal Obligations: Stay updated on Colorado landlord-tenant laws to ensure you're compliant with security deposits, lease agreements, and eviction processes.Effective Communication: Set clear expectations with your tenants about communication channels and response times.Regular Inspections: Schedule periodic visits or hire someone to conduct property inspections to catch minor issues before they become major problems.Final ThoughtsWeigh the pros and cons based on your circumstances.

I regularly attend workshops and seminars to stay updated on industry trends and best practices.