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11 May 2024 | 6 replies
As @Michael Baum says, Aircover and VRBO coverage are not true insurance, and not to be relied upon.
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11 May 2024 | 14 replies
This information is based on Vrbo’s current understanding of applicable laws and should not be relied on by partners.
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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 | 4 replies
The information contained in this post is not to be relied upon.
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10 May 2024 | 15 replies
The information contained in this post is not to be relied upon.
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14 May 2024 | 164 replies
. - I could create an arbitrage position where 7% margin to be re-invested into 15% dividend.Advanced Real Estate Pro- if one has a good biz plan, either BRRR or flip or whatever active business we do, the result is phenomenal, 50% IRR is not impossible.- Real Estate is an amazing tool, buy right and just do DSCR 0.9 and that's it keep it for forever- We are the sub 3% rate owner basically we're living for free paid by the US gov/lendersAgain both investment has its own techniques to mastery both skillsets, we can become Ninja in Stock or Sam Zell-like in Real Estate, the trick is to keep learning and educating ourselves.And I am not selling any class lolJust want to point out that if market crash tomorrow (other than 401k), it is okay, we can make money either way.
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9 May 2024 | 3 replies
The issue is that the carpet has buckled badly and needs to be re-stretched, a job which shouldn't take more than a few hours.
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7 May 2024 | 13 replies
*This post is informational only and is not to be relied upon.
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3 May 2024 | 2 replies
You may run into issues with lenders as a family member is leasing the property out though.