C. Raine Williams
On a multifamily, what cap rate would be best to consider?
14 March 2013 | 10 replies
Class D properties are where you'll find many Section 8 in the US or government-subsidized housing tenants.
Lamar Cannon
Forming LLC / Partnership with Rehabbers
19 March 2013 | 36 replies
For those who may not know - the workflow for legal authority goes something like this (only considering state issues - not considering federal issues): 1) Check to see which statutes govern the matter at hand and review (this may involve reading lots of statutes, as they sometimes refer to other statutes for other issues; 2) Sometimes the language in the statute(s) are very clear and sometimes the language is not - if it is not clear:a) Check to see if the statutes define the specific terms that are in the unclear language;b) If the language is not made more clear by the definitions, then go to 3;3) Search for caselaw that discusses the specific statute in question.However, there isn't always caselaw that discusses the statute in question (either because the statute is new [either newly enacted, or recently amended]).
Dan Bryan
Best Way to Leverage Accounting Degree
19 March 2013 | 12 replies
With your degree you might be interested in municipal or state government, state finance departments administer grants for economic development.
Brian W.
How much time do you spend owning and landlording per month?
21 March 2013 | 23 replies
Age, size, rent level, location, market and government all influence the time required.Age is obvious and has been mentionedSize of the property, the bigger it is the more time to make readyRent level, higher income tenants usually take less time to deal withLocation, driving time, meeting tenants, repair tripsMarket, higher vacancy takes more attention, ads, applications, etc.Government influences, code requirements changing, the flavor of the courts and evictions and civic actions involving your property can chew up time.Each property is unique, each tenant is different, your time expensed will be a guess at best.
Bill Gulley
ETHICS, What Is Expected In Business
25 March 2013 | 29 replies
Something to keep in mind in regards to trying to encourage ethical behavior in the RE community is that many laws and regulations that seem unfair and onerous came about when government finally stepped in to address shady or unethical behavior.
G D
HOA seeks reimbursement for repairing damaged drywall
20 March 2013 | 1 reply
Your lawyer is better prepared to answer these questions since s/he should have a copy of the governing documents and should be familiar with the Colorado condominium act.I will give you one tip - but again, this will involve consulting your attorney - ask your attorney if your governing documents and Colorado law allow you to levy a special assessment on one or more unit owners that should reimburse you for repairs and/or legal fees.
Roy Daniel
New Member Florida and Colorado
19 March 2013 | 2 replies
I was an employee of the Government for 14 years and left two years ago to become a contractor to the Government in Denver, Colorado and other places.
Ron J.
Negotiating HOA lien settlement
19 March 2013 | 7 replies
The only thing that doesn't fall off in a tax deed sale are government liens.
Landen Ward
Basic RE Concepts
22 March 2013 | 7 replies
Any other deeds....granted by governments or special use deeds?
Matt Whiteside
Listing a Purchase option property on the MLS
26 March 2013 | 11 replies
Matt Whiteside - You are doing the right thing by calling the board that governs that particular MLS system.