Category Archives for Uncategorized
Landlord Legal Issues
As a landlord, you should be aware of some of the legal issues related to leasing properties. Here are a few of them: LEAD-BASED PAINT DISCLOSURE Federal law requires that the lessor (landlord) of any rental property constructed before 1978 disclose the presence of any lead-based paint or hazards known by the lessor and provide […]
Continue readingAnnouncing the Colorado Landlords Association
The Colorado Landlords Association (“COLA”) has been officially launched! Check for more info at http://www.colandlords.com.
Continue readingCo-Buying Real Estate
How to Double Your Portfolio by Learning the New Trend: “Co-Buying” Real EstateLet’s face it, this is not your parent’s real estate market. Housing has become more expensive, for both renters and buyers, wages have decreased significantly, and consumer debt has now reached $13.8 Trillion (debt.org). And, as we have always done in America when things […]
Continue readingLand Trust with LLC as Beneficiary
Using a Land trust with LLC as beneficiary is a powerful combination for landlords and real estate investors. Many landlords title properties in an LLC for protection. While this may provide liability protection for the owner, it does not afford any privacy. If you look up the LLC online at the Secretary of State website, […]
Continue readingStaging for Optimal Effect
Recently, “staging” has become a buzzword among Realtors and real estate investors alike. There are many theories on how to most effectively stage a home, and an Internet search will turn up a slew of articles on the subject, each offering their own perspective on the matter. Unfortunately, there are significant differences between staging an owner-occupied home and […]
Continue readingThe Importance of Cash Flow in Business
Many businesses fail in the first few year mainly due to poor cash flow management. According to a recent survey, the number-one thing small business owners say they wish they’d have done differently was have more start up money. Even experienced companies file bankruptcy, not because they don’t have a good business model but because they […]
Continue readingUsing the B+ Principle to Achieve Business Success
There are valid times in life when a situation may call for striving for and attaining perfection. A good example of “good” perfectionism might be if you are competing in a pistol shooting contest. The shooter that gets the most shots into the “perfect” area of the bull’s eye wins. However, business and life in […]
Continue readingFinishing Basements
While finished basements can add value, the amount of value is less than it is for above-ground living areas. In addition, this greatly varies depending on different regions of the country. In humid areas, below-ground living space isn’t as valuable to homeowners as in dryer areas of the country. Thus, the American National Standards Institute […]
Continue readingThe Art and Science of Evaluating a Property Value
To evaluate a property, some people look at appraisals, others look at the tax assessor’s value, and others say that a house is worth what someone will pay for it. Further confusing the issue, we can look at the income the property generates or the insurance replacement value. In some cases, the land is worth […]
Continue readingFix and Flip 101
If you have considered fixing up a property with the intent to sell instead of holding it as a rental, then here are some tips to make a nice profit on the properties you are considering investing in, fixing up and reselling. There are two sides to this equation, the buying side and the selling side. […]
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