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8 June 2019 | 5 replies
The number seems kind of round.
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12 June 2019 | 2 replies
The realtor tells me that I can live in it round the year.
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20 January 2020 | 10 replies
July 17 is the next if you're interested.)There are kind of two answers ... 1. what the law intends and the city is trying to enforce; and 2. what in practice you might get away with.The city of Denver's definition of primary residence is your "primary place of return."
17 June 2019 | 29 replies
@Jack Abbott I’ve got 2 with no view at all and they’re jam packed year round.
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8 June 2019 | 2 replies
(all rounded)Purchase: $9800Renovation: $162,000 ($22,000 over budget)Total Interest Paid: $8700Closing Cost: $18,400 (including commissions and concessions)Holding Cost (other than Interest): 1100Sale Price: $213,000Gross Profit: 13000Takeaways:I learned a ton on this rehab. 1) Don’t try to do work yourself, have a pro do it. 2) make sure you keep a good lock on what’s going on and when with your contractors, one of our costs overruns was time.3) On a gut, just because you think you can salvage something (like the floor), put a contingency budget in for it. 4) My 10% contingency was not enough.
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9 June 2019 | 4 replies
Get the coverage amount of the house, the amount you cover is the building itself NOT THE LISTING PRICE, there is a difference because you cannot insure the land it sits on (estimate 80% of the tax assessment the 20% is just a round number to assume land price)1.a Sometimes you would need a BOP policy which simply a policy that allows you to be covered for you and your tenant on the other side.
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10 June 2019 | 30 replies
If I was making a call like this, it’s different as I’m a W2 employee, I make the same year round unless I’m fired.
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13 June 2019 | 17 replies
They are just seeing what they can get away with.
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31 August 2019 | 20 replies
Overall I think the units can be 100% occupied year round with a little marketing efforts, I’m no expert but I’m up to do the work and everything that’s involved.
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17 June 2019 | 5 replies
I rounded a few numbers to make it a bit prettier.