All Forum Posts by: Jane S.
Jane S. has started 112 posts and replied 490 times.
Post: Who gets to decide which title company will be used?
- Flipper/Rehabber
- Colorado Springs, CO
- Posts 499
- Votes 167
Thanks again all!
Post: QI Charge for one DST with multiple properties
- Flipper/Rehabber
- Colorado Springs, CO
- Posts 499
- Votes 167
Do you mean you’re exchanging 4 of your properties? If so, my QI would add on after the first property but probably a smaller fee.
Post: Has anyone heard of a company called NOMAD
- Flipper/Rehabber
- Colorado Springs, CO
- Posts 499
- Votes 167
Thanks they didnt say anything about STR it would be awful
I was wondering how they make money now i know
I dont think the $10K would even cover damage! And its not in a great bnb location
Neighbors dont deserve it
Post: Has anyone heard of a company called NOMAD
- Flipper/Rehabber
- Colorado Springs, CO
- Posts 499
- Votes 167
NOMAD wants to rent my house with a Master Lease where they pay me the rent and then sublet to occupants who pay them. They offer a $10K repair fund to fix damages in addition to SD plus warranty for appliance repair etc.
I have no say in whom they choose to move in, whether there are animals, limit on # of occupants etc. they reserve right to inspect property so i have no idea if they can tell me to remodel, paint etc.
does this make sense i have a vacancy coming up in October (bad rental timing).
Post: How to prevent angry tenants destroying my property
- Flipper/Rehabber
- Colorado Springs, CO
- Posts 499
- Votes 167
Still waiting to find out if i am legally required to give 90 days notice of not renewing …
She piled trash on the side of the house instead of putting it out for collection
Grrrrrr
Post: Who gets to decide which title company will be used?
- Flipper/Rehabber
- Colorado Springs, CO
- Posts 499
- Votes 167
It was in the offer i got
Seller chooses was checked
Phew!
Thanks all
Post: Who gets to decide which title company will be used?
- Flipper/Rehabber
- Colorado Springs, CO
- Posts 499
- Votes 167
My broker asked why i chose a certain title co. He wrote, “we are not using Xxx title co.” I dont think its up to him is it? Im the seller and doing 1031 exchange to avoid a $50K tax bill and i dont want the broker interfering with that end of the sale!!
Post: Selecting Tenants - Fourplex
- Flipper/Rehabber
- Colorado Springs, CO
- Posts 499
- Votes 167
You can always find a blemish on applicants financials & reject
Post: Sell or rent guide for primary residence
- Flipper/Rehabber
- Colorado Springs, CO
- Posts 499
- Votes 167
Would be a challenge to find tenants with 3500 for rent
You might end up with a roommate nightmare youre better off selling.
Post: Consecutive Late Rent and Unresponsive Tenant
- Flipper/Rehabber
- Colorado Springs, CO
- Posts 499
- Votes 167
Agree with joe
It will cost you but they have no intention of paying



