Joe Derobertis
New owner, bookkeeping question!
1 October 2024 | 12 replies
What I recommend is looking at it over a longer period of time like the previous year to evaluate it.
Rene D.
Non-Disclosure Agreement - Question
30 September 2024 | 3 replies
Is this simply stating that for that time period I cannot disclose this or any info from their firm for 2 years?
John Galloway
Colorado Fix and Flip Project
30 September 2024 | 6 replies
Try to take care of your necessary electrical work before you get to your marketing period.
Anthony Abruzzo
New member about to be a long distance landlord
2 October 2024 | 8 replies
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.
NaTarrio Jones
Rent Payment Reversed NSF but tenant says funds were available
1 October 2024 | 26 replies
if after 48 hours of “bank hold” or NSF on end of tenant, and timeframe is already beyond grace period, late fee or returned chk fee gets applied.
Rong Liu
Anybody uses OneRent Property Management (bay area)
7 October 2024 | 35 replies
Managing Property during extended periods of vacancy: FREEI think the rate is better than a few PMs I talked years before.
David Mussaw
Seller's Agent Asking for DU. Should I provide it?
1 October 2024 | 9 replies
If there is a strong offer with high down payment and good purchase price and fast closing or fast inspection periods and no closing costs requested, reach out to the Loan officer and ask any other questions which will not break any laws.ALSO - ANYHING CAN BE ENTERED INTO THE SYSTEM TO MAKE THE DU LOOK SUPER SWEET SO IT REALLY DOESN'T MEAN ANYTHING IF THE LOAN OFFICER IS BEING DECEPTIVE.
David Cianci
BPCON 2024 tax deduction?
30 September 2024 | 5 replies
•If your startup costs are $55,000 or more, you wouldn’t receive an immediate deduction but instead would amortize the entire $55,000 over the same 15-year period.
Soumojit Sarkar
Hold on sell
29 September 2024 | 9 replies
Tenanted properties are extremely challenging to sell and the recent change in notice period has made that worse in BC.You are in a tough spot either way, only you know your financial situation and your numbers.
John P.
Seller Financing rates/terms for residential sale?
1 October 2024 | 6 replies
You don’t have to be as strict as a traditional lender, but it’s wise to check their credit score, employment history, and income stability.Flexible Terms for Stronger Buyers: If a buyer has a strong credit history and steady income, you could offer better terms (lower interest, smaller down payment, longer balloon).Tighter Terms for Riskier Buyers: For buyers with weaker credit, you might require a higher down payment, a higher interest rate, and/or a shorter balloon period.6.