All Forum Posts by: Collin Holdread

Hey guys,

First time landlord, looking for advice. We live out of state and are using a property management company to manage our 3/2 SFH in Northglenn, CO. The property management company just signed the tenants to a year long lease in April of this year. The 2 renters have partners that have been staying frequently at the property. Both of these partners have emotional support animals in the form of large dogs. One of the partner's dogs has been jumping on the neighbor's fence whenever he is outside or trying to work in his garage/driveway. He has voiced concern that the 4x4 fence post may snap soon if the dog continues aggressively jumping at him every day. Property management has encouraged the neighbor to call animal control if he is concerned for his safety. He insists he does not feel threatened, he just does not want to have to replace the fence, as this has happened previously with other neighbors in the past. The neighbor is suggesting that we put up a 4 to 5' tall welded wire dog fence 2' away from his fence to keep them from breaking it. The property management company quoted us over $1,200 to have this done. I've spoken with the contractor and he's looking at purchasing a 100' roll of the fence and installing about 8 T posts to ensure the fence's integrity. Looking at the cost of materials, $1,200 feels like highway robbery.

My question is, do we put the fence up, or do nothing?

I have a feeling the grass behind it would be overgrown as the tenants probably wouldn't bother to mow on the other side. 

The fence would likely come down after these tenants are gone next spring, an additional unnecessary expense. 

If we leave it in the hands of the tenants and their partner's emotional support dog breaks the neighbor's fence, is there any chance for liability on our end if we do not have the fence installed?

What would you do in this situation?

Hello BP, 

Has anyone done a 203k loan with Guild Mortgage? We are looking to take down our second property here in Denver, a duplex in Arvada, and it is going to need major repairs. Not looking to do a conventional rehab loan as we only want to put 5% down. 

Any guidance on the 203k process and lenders would be appreciated. 

Thanks in advance. 
Collin

Bit of a different request, but let me know what you've got! My fiancé and I are looking for a place in Northern Michigan or Wisconsin to have our wedding October 2023. Does anyone have land and/or space that they would consider renting to us?

Thanks in advance.

Hey everyone how's it going! I just bought my first house hack a few months ago, getting ready to do some construction in between tenants. In particular, adding a kitchen to the basement, and putting in an egress window as well. Looking for honest recommendations on contractors in the North Denver metro area. Thanks! Appreciate the help!