Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Julie Hartman

Julie Hartman has started 3 posts and replied 663 times.

Post: Tenant claims money was stolen. How would you respond?

Julie HartmanPosted
  • Property Manager
  • Denver, CO
  • Posts 667
  • Votes 587

Funny how these events seem to occur right around the first of the month. Weird. 

Post: STR strategies in ski resort areas of Colorado

Julie HartmanPosted
  • Property Manager
  • Denver, CO
  • Posts 667
  • Votes 587

I would also check out Steamboat and Winter Park. Much of I-70 and the tunnel can be avoided by going to those towns which is a major plus. And they aren't quite as "ritzy" as the Aspen/Vail/Telluride areas but still provide the same entertainment options and nearby airports. 

Post: Tenant claims money was stolen. How would you respond?

Julie HartmanPosted
  • Property Manager
  • Denver, CO
  • Posts 667
  • Votes 587

Exactly what @Adam Martin said, they need to file a police report and refund the account so rent can be pulled. If they can prove the money was stolen, we would waive late fees but otherwise they need to pay them. 

Post: Does a New Landlord need to inform Tenants of change in ownership

Julie HartmanPosted
  • Property Manager
  • Denver, CO
  • Posts 667
  • Votes 587

Depending on the laws of your state and the nature of the change, your PM will be required to inform the tenant. If the property is changing from one property manager to another, the tenant will need to be notified that their deposit is moving. Here in CO, we are required by law to let the tenants know whenever the deposit is changing hands. They will probably also be paying rent to a new location and need to be informed of that ahead of time. As an owner, there is no need to make introductions unless you will be dealing with the tenant yourself; let your PM do their job.

Post: Buying w/ tenants already in house?

Julie HartmanPosted
  • Property Manager
  • Denver, CO
  • Posts 667
  • Votes 587

If you really think you can get double the rent, I would buy them contingent upon the seller turning them over vacant. You will have a difficult time removing tenants during the eviction moratorium especially if they are abiding by the lease terms. Let the seller serve non-renewal notices and deal with getting them out for you. 

Post: Texan asking about frozen pipes!

Julie HartmanPosted
  • Property Manager
  • Denver, CO
  • Posts 667
  • Votes 587

Sorry you are going through this. I am sure someone closer to a plumber could answer this better but I will give it a try. Keeping pipes from freezing depends a lot on where they are located and even then it's not always a given. If they are on an outside wall (especially on a north facing wall), it can be very difficult. Keeping cabinet doors open during cold snaps helps warm air circulate around the pipes under sinks. You can put pipe insulation on them and apparently they sell heat tape as well. And yes, dripping them can help too. However, I don't see how you can charge this particular situation back to a tenant because no one down south was ready for this, including the landlords. And especially now, tenants rights are nearly bullet proof so good luck convincing a judge to side with you on this. Maybe others would disagree with me on that point but I think it would be very difficult. Whether or not insurance covers will depend on your policy coverages but any resulting damages may be covered so it's worth checking. Good luck!

Post: Tenant arguing to keep security deposit as final month's rent

Julie HartmanPosted
  • Property Manager
  • Denver, CO
  • Posts 667
  • Votes 587

Depending on the laws in your state, I would tell him you will not commit to allowing deposit as last month of rent until he is fully vacated and you do your move out inspection. IF there is no damage then you may consider it. He can't expect you to be flexible when he is not. If you do allow it, I would get him to sign a waiver for it so he can't come back and claim you unlawfully kept his deposit. After all, unreasonable people tend to be unreasonable. :)

Post: Should I replace the water heater?

Julie HartmanPosted
  • Property Manager
  • Denver, CO
  • Posts 667
  • Votes 587

I think the only way to alleviate the issue would be to install an on-demand system but that would cost $$$$. With that said, if the current unit is working then no reason to replace it. 

Post: How are renters currently searching for a new place?

Julie HartmanPosted
  • Property Manager
  • Denver, CO
  • Posts 667
  • Votes 587

We get the bulk of our responses from Zillow and Craigslist. Since Zillow syndicates, we also see Trulia as a source. We have not tried FB because from the feedback we hear from other PM's is the quality of applicants is not that great there. Zumper is another platform that is gaining ground as well. 

Post: Tenant cleanliness problems

Julie HartmanPosted
  • Property Manager
  • Denver, CO
  • Posts 667
  • Votes 587

The length of your notice will depend on what your lease says as well as the laws of your state. If they are causing damage, then I would give them notice as soon as possible, according to what the law allows. Document all damages and then charge back according to state landlord/tenant law. Anything considered normal wear and tear will likely be something you must cover yourself. I wish you luck getting them out, especially right now.