26 July 2022 | 33 replies
However, I'm sorry I sold that rental property in Colorado Springs because it is now worth five times more than what I sold it at and renting at a much higher rate..
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9 August 2022 | 6 replies
The following clauses in the agreement seem a bit weird to me, are these normal:The Property Owner shall obtain and maintain full control of renewal of property and liability insurance coverage naming the Property Manager as co-insured, including fire and a minimum of $100,000 liability coverage; the Manager has no duty or responsibility with respect to any insurance coverage.In the event the Owner enters an agreement for sale of the property, or an agreement to list the property for sale, Owner agrees Manager may terminate this agreement immediately, without any advance notice to the Owner.This Agreement may be terminated without cause at any time by either party with a sixty (60) day written Notice of Termination.
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27 August 2022 | 40 replies
If it's one deposit, you can keep up to the full amount.I'm Denver, Colorado.
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31 August 2022 | 6 replies
In contrast, here in Colorado, we use title companies more commonly.
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6 September 2022 | 8 replies
I'm in Colorado, but I think it's legal to use out-of-state CPA's, to my knowledge, thanks in advance for any help yo can offer !!!
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14 October 2022 | 9 replies
Property Management co. says I can get $1,800/month rent for no problem.
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27 December 2022 | 8 replies
.), and when asked why they bought the property, 90% of the time, they say they're an inexperienced OOS investor who bought the property without visiting the area or the property, and it turned out to be a lipsticked pig in a D neighborhood...they trusted the data (the "incredible" cashflow data of D neighborhoods), they trusted the pictures of new finishes (and fell victim to shiny object syndrome), and they trusted someone else's (agent, PM, turnkey co, etc.) opinion that the property was a "deal", but they didn't take the personal responsibility of checking out the city and the property for themselves.
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2 October 2019 | 17 replies
@Aaron Gordy - You're the 2nd person to suggest an expediting co.
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28 December 2022 | 4 replies
We get 20-30 real estate investors to come in the Colorado Springs area.
18 July 2022 | 2 replies
my facilities are tied to prime.. with a floor of 5% we have been at 5% for years and years and now we are getting a small bump so at this point no effect on our bottom line or if there is its tiny. this is true construction money.. it will be an issue if we have to carry inventory for any period of time.. and right now thats not happening.. still selling everything before CO but we are not high volume we product 3 to 4 homes a month so its not like we need 10 to 20 a month to make it all work for us.