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24 March 2020 | 5 replies
@Alex Olson makes a very good point about finding a co-signer.
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21 March 2020 | 0 replies
The office is configured as 10 individual private offices with a co-working space consisting of 4 desks.
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8 April 2020 | 73 replies
They are indeed fortunate to have you as their landlord.I am a tenant, in Colorado, who *will* be able to, and will, pay my rent for April.I can assure you, based on the constant, ever more hopeless, dismal, conversations circulating around the neighborhood by tenants from every nearby rental property, tenants would appreciate knowing where they stand ,rather than, perhaps, even feeling they have no choice but to move themselves out, ahead of perceived legal action by their landlord.These are reliable tenants, with *years* of paying their rent on time, quiet, respectful tenants, who, for the most part, have landlords that are newer owners, less than a year, of the property they have been renting for 8 or more years.
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16 April 2020 | 3 replies
They also do loans without a PG or co-sign and it’s strictly business and asset based.
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11 April 2020 | 2 replies
. - on-going communication with tenants and you,- move in and out inspections and reports,- monthly reports (may be financial),- monthly survey,- co-ordination with contractors, maintenance crew, cleaning staff,- taking pictures and videos, - using the management tool you provide, - picking up supplies, - 24 hours on-call,- ensuring paperwork/leases are complete, - issue notices, writing notices and posting,- ensuring low vacancy, ensuring high rents,- resolve issues,- collect laundry money,- be nice and approachable, etc... you get what you pay for.
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22 March 2020 | 6 replies
If you are going to have a non-occupant co-signer who helps you qualify for your 2-4 unit property, you may not be able to take advantage of that 3.5% down, but instead, be required to put down a whopping 25%.
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22 March 2020 | 1 reply
Instead of the typical 30 day, we extended the contract a bit to allow them time to finish up.Reason #2: I ran into a HUGE hurdle with financing because I had a non-occupant co-signer in my dad.
13 June 2020 | 7 replies
However, I was declined from the loan- with the loan officer telling me that I would need a W2 job, or a co-signor to qualify... perhaps my debt-to-income ratio was too high?
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7 April 2020 | 15 replies
Just another example of how in a hot market like Denver (or Colorado Springs to the south), house hacking can still generate great cash flow.
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23 March 2020 | 4 replies
I concur with Matt on the technicality, at least as it applies to San Diego.Personally, I am doing the following for my residential projects (2-4 unit rehab/builds):Paused the start of construction on new projects till at least end of month (though planning and coordinating is still going).Made it clear to any of the subs and workers involved that it's their choice whether they want to work during this time or not.