All Forum Posts by: Joshua Zapin
Joshua Zapin has started 7 posts and replied 22 times.
Post: Interested in learning more about investing in Pueblo, CO

- Boulder, CO
- Posts 22
- Votes 4
@Rick Wade @Jeremy Norman. Thank you for all the insights.
Post: Interested in learning more about investing in Pueblo, CO

- Boulder, CO
- Posts 22
- Votes 4
@Jeremy Norman Thank you for that amazing insight. Super helpful. Could you summarize where the growth is coming from? I imagine some of it comes from being a bedroom community to Colorado Springs. But I know there is some growth going on as well.
Post: Interested in learning more about investing in Pueblo, CO

- Boulder, CO
- Posts 22
- Votes 4
@Sam Dangremond Thanks for the info.
RE: The realtors. Are these them:
I ask because I couldn't find them in BP but did find with a quick google.
LMK
JZ
Post: Interested in learning more about investing in Pueblo, CO

- Boulder, CO
- Posts 22
- Votes 4
@Sam Dangremond Thank you! That is great. Of course, there are lots of other questions:
- Does that list represent returns or the quality of the neighborhood?
- Do you own property?
- What types of properties are most successful? Right now (eg. pandemic)
- Any good realtors you can recommend?
- Any good resources about the growth of Pueblo?
I'm sure there are lots of others.
Thanks again.
JZ
Post: Interested in learning more about investing in Pueblo, CO

- Boulder, CO
- Posts 22
- Votes 4
While I have been following real estate investing for a while, I haven't taken the plunge. With a bit more time on my hands due to this pandemic is letting me revisit it.
I'm interested in learning more about Pueblo, CO. I live in Boulder and know that Pueblo has a lot of potential and I'd like to learn more.
Can anyone point me to some good places to learn more? Perhaps there is a meetup (virtual of course) I could join?
Thank you in advance.
Post: Morris invest - any insights?

- Boulder, CO
- Posts 22
- Votes 4
Originally posted by @Ross Denman:
I just would like to educate some people about general asset classes in Indianapolis and anywhere probably. Price is dictated by desire as is asset class. This is not exceptionally black and white and there are plenty of opportunities to find exceptions, but with that being said:
D Class rental rates:
1 bedroom - less than $500/mo
2 bedrooms - $600/mo or less
3 bedrooms - $700/mo or less
4 bedrooms - $750/mo or less
C Class rental rates:
1 bedroom - $500-$600/mo
2 bedrooms - $600-$700/mo
3 bedrooms - $700-$850/mo
4 bedrooms - $750-$900/mo
B Class rental rates:
1 bedroom - $600+/mo probably more like $650+
2 bedrooms - $700-$1,000/mo
3 bedrooms - $800-$1,250/mo
4 bedrooms - $900-$1,400/mo
A Class rentals - You won't find many of these at investment prices
2 bedrooms - $1,000-$1,650+/mo
3 bedrooms - $1,250-$3,500+/mo
4 bedrooms - $1,400-$4,500+/mo
The rental pricing available in a market will be a good indicator of the asset class. This is why many property managers start getting selective with 2 bedrooms that rent for less than $650 and 3 bedrooms that rent for less than $750. They also don't pay very well and require a lot of work.
@Ross Denman: This is great! Thanks for sharing. Question: Where did you get this data?
Post: Recommended Indianpolis Property Inspectors

- Boulder, CO
- Posts 22
- Votes 4
Originally posted by @Shawn York:
We just used Cornerstone for 2 inspections there last week. Pretty affordable and they seems to do a very thorough job.
Thank you! BTW - I see you're in Erie. I'm in Boulder. Perhaps we should rendezvous at a meetup?
Post: Recommended Indianpolis Property Inspectors

- Boulder, CO
- Posts 22
- Votes 4
Hi @Joshua Zapin, I just used Carl from Indy Pro Inspection and he was great, as was Staci, who did the scheduling and follow-up - highly recommend!
Thank you!
JZ
Post: Recommended Indianpolis Property Inspectors

- Boulder, CO
- Posts 22
- Votes 4
Does anyone have recommendations for a property inspector? I'd like to have someone look at a SFH right outside downtown.
Please advise.
Thanks.
JZ
Post: Property Management Indemnification Standards

- Boulder, CO
- Posts 22
- Votes 4
I am reviewing a property management agreement and came across this clause RE: Indemnification that seems too broad:
INDEMNIFICATION:
(a) The Owner shall indemnify, defend and save Agent harmless from all suits and/or other legal proceedings whatsoever and cost incurred therefrom in connection with the management of the Property and from liability for injuries suffered by any employee or other person whomsoever, except in cases of willful misconduct or gross negligence on the part of Agent or its employees,
(b) The Owner shall indemnify and hold harmless the Agent from and against any costs, loss, expense or damage (including attorney's fees) suffered or incurred by the Agent arising out of or related to the enforcement of this Agreement arising out of a default or other breach by the Owner, the management, operation, improvement, alteration and leasing of the Property, including all other activities arising out of or related to Agent's duties under this Agreement or as a result of any act or thing done or permitted by the Agent or its agents or employees; provided, however, that such indemnification shall not apply to any such cost, loss, expense or damage to the extent that the same relates to or as a result of conduct by Agent which constitutes willful and wanton misconduct.
It seems like if one of the Property Manager workers (aka Agent) slips and hurts himself while cleaning the floor the "Owner" is then responsible.
Am I reading it incorrectly? Is that standard? The agreement will be made in Indianapolis, IN.
Thanks.
JZ