
2 October 2024 | 8 replies
You'll need a reliable network of local professionals (plumbers, electricians, handymen) you can trust.Hiring a Property Manager:Peace of Mind: They handle day-to-day operations, tenant communications, and legal compliance.Local Expertise: They understand the local market trends and rental laws in Colorado Springs.Cost: While there’s a fee, many find it worth the reduction in stress and time commitment.Lessons Learned from ExperienceBuild a Strong Local Team: Even if you manage the property yourself, having a dependable local handyman and a real estate attorney can save you headaches.Leverage Technology: Utilize property management software for rent collection, maintenance requests, and tenant screening.

4 October 2024 | 2 replies
Also was thinking about homeowner protection from bad tenant, are the laws more favorable for tenants in ca compared to tx etc any input would help.thanks

4 October 2024 | 4 replies
Pricing-wise, I’d say $100 per night sounds fair given the length of the stay, especially compared to your usual rate.

4 October 2024 | 4 replies
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

6 October 2024 | 5 replies
Verify these numbers by researching comparable rentals in the area or consulting with a local property management company.Additional considerationsContingency Funds It's wise to have reserves for unexpected expenses during the rehab process or unforseen vacancies.Market Conditions Keep an eye on the Denver market trends.

4 October 2024 | 6 replies
Check them out, it's super easy to get a quote and compare it to others.

5 October 2024 | 7 replies
I just took a course and was learning about market research, like looking at population per capita in an area and average income, among other things, and comparing those factors in one community where there may be a property you are interested it to another community.

2 October 2024 | 0 replies
With a reliable power team by your side, you'll be well-equipped to handle the complexities of real estate transactions and achieve your goals.

30 September 2024 | 12 replies
I'm concerned that if I place an ad to find people who will work on an hourly basis (in the area of the property) that I might have a hard time finding people who can reliably respond to emergencies during off hours, but I can't afford to have someone working full time or with standard on-call rotations.

4 October 2024 | 14 replies
I've been curious how it compares to other 'pro' tools, I'm not an advisor just a personal finance nerd.