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A three-bedroom, two-bath renovated log home, with antique wide-plank floors, a finished lower level, central air-conditioning, a mud room, a front porch and a deck, on 4.33 acres.
More than 9,200 square feet, it has seven bedrooms and seven and a half baths. It was renovated last year, opening up the floor plan to make it “more family-friendly.”
Owned by the interior designer Kara Mann, retains many early details, including wide-plank pine floors, doors with original hardware, windows with antique glass and ceilings with exposed beams.
From Our Blog
Property management companies are specialists in any aspect and any issue related to renting your property from finding tenants to evictions and from building maintenance and repairs to collecting your rent. Here are the most important tasks that you can outsource to a property management company.
Marketing Your Property to Find Tenants
Many company managers are trained real estate agents themselves and they possess extensive knowledge in the field of advertising and listing properties and finding tenants. If you turn to a property management company, your partner will handle the tasks related to listing your property on the right platforms to reach out to people interested in becoming your tenants, they will also show interested people the available units and they will perform the tenant screening so important for deciding whether the people interested in renting the units are suitable. The benefits of this type of experience include minimal vacancy between two tenants as well as having more reliable tenants, people who pay their rent as they are expected to and who handle your property as their own.
Collecting the rent from tenants is one of the most important tasks related to your property for obvious reasons. Today there are many ways to pay the rent using online resources, but even so, many rental property owners have a hard time collecting their rent and that is where property management companies come in handy – they keep track of late payment and stay in contact with tenants, making rent collection more efficient.
Property Maintenance and Timely Repairs
Any property needs ongoing maintenance to stay functional. The most qualified property management companies Denver has will establish a strictly respected maintenance schedule that will include, among many other tasks, anything from lawn care, plumbing and roof maintenance, regular cleaning for the premises and painting whenever necessary. Your property management company will also handle any unexpected repair needs and emergencies, such as roof leaks, burst plumbing pipes, window glass shattered by a storm, HVAC repairs – in short, anything that the tenants need.
Administrative and Bookkeeping Tasks
Property management involves lots of paperwork and bookkeeping that are tedious, but essential. Property management companies provide this type of services as well – they can handle invoicing tasks and other tasks necessary for keeping the cash flowing, they will draft your tenant agreements for you and they will make sure that all the documents required for your property rental activities are managed the best way.
Giving You Peace of Mind
What your property manager ultimately does is ensure you the peace of mind that your property is managed in an efficient professional manner and that you can rely on the income coming from renting your property. Having a property managed by professionals will ensure that your tenants are happy, which will give your business better ratings and more favorable reviews, both essential for your long-term success as a rental property investor – a good property management company can ensure that you never run out of tenants and that your rental business meets and exceeds all your expectations.
You need a mergers and acquisitions consultant (M&A consultants) when you need step-by-step assistance to sell a business. That is, in all cases.
A business consulting company will advise you on the entire mergers and acquisition process, in order to simplify your work, but also to protect your business. Thus, it can offer you assistance regarding the fiscal consequences of the acquisitions, both in the case of the individual ones, and when an association is desired.
Extremely important is the assistance provided regarding the realization of forecasts on the financial obligations to be due after the conclusion of mergers and acquisitions. With the support of a business consulting firm, it will be much easier for you to establish your tax obligations without making an effort.
At the same time, a business consulting company can offer you assistance when you want to make a sale, as it will offer you guidance to prepare the necessary documentation for the sale, as well as recommendations on the necessary reorganization measures, before making the transaction.
Last but not least, M&A consultants can help you choose the right time to make transactions. In making these transactions, time is very precious, and if you benefit from professional help, it will be much easier to check the tax history of the company you want to merge or make forecasts on the analysis of tax implications depending on business developments.
Services offered during the pre-purchase period
Financial due diligence
The main objective here is to create and organize the various mergers and acquisition transactions, by gathering, reviewing and evaluating the financial situation of the businesses involved, through the financial due diligence process. This process aims at assessing the financial risks associated with the company intended to be acquired, for the period subject to the review. The financial due diligence process is carried out based on procedures established by mutual agreement, of the information obtained following the meetings with the representatives of the target company and of the analysis of a specific set of documents (previous fiscal control reports, profit tax returns, income statements and other tax returns etc.). This process is completed by preparing a brief summary of the identified financial issues, accompanied by a thorough report on all the associated risks based on existing information.
Structuring the transactions
Specialists offer assistance to either the seller or the buyer in the pre-acquisition stage. In order to optimize the structuring of transactions, they approach various financial aspects, collaborating closely with other specialists in their network, specialized in financial systems of other jurisdictions.
Financial structuring services include:
- Creating effective investment structures;
- Financing alternatives for the acquisition of companies, acquisitions with specific financing structures (“leveraged buy-outs”),securities issues, listings on stock exchanges;
- Analyzing financial implications stemming from mergers, acquisitions and reorganizations;
- Simulation of several possible scenarios regarding the transactions and evaluation of their financial consequences;
- Financial planning for local and international mergers.
Mergers and acquisitions consultants also offer pre- and post-acquisition restructuring tax consulting services.
The idea of turning a storage unit into an office is definitely not a new one. Business owners and startups have been searching for a long time to find a practical way to cut costs and ensure they can still run a brick and mortar business without difficulty. Running it from a storage unit might be a dream come true in some cases, since the rent is low, the space is ample, and you don’t have to worry about anyone bothering you when you’re hard at work.
Unfortunately, not all Colorado Springs storage facilities allow for these types of activities. Still, those that do can allow you to reduce some of the costs of running a regular business. However, you will have to find out whether the specific activities you want to manage are actually allowed.
The Appeal of a Storage Unit
Storage units can be chosen based on your specific needs. The size, the amenities, the interior structure – all of them can be adjusted to what you want. Of course, for some details to change, you might have to choose a certain storage facility over another, but the point is you still have a lot of options at your disposal nonetheless.
The great thing about storage facilities in Colorado Springs is that they can be arranged in any way you want them. Need to start a video studio that you don’t have room for at home? Want to consider running a small retail shop or dollar store? None of that will be a problem. All you have to do is contact a storage provider that will be willing to allow your efforts to come to fruition, and then start working hard until you get it done.
Types of Businesses You Can Run from a Storage Unit
Not all businesses can be run from a small storage unit. However, some are definitely an option. As mentioned earlier, video or photo studios can work because the amount of space needed is quite small, and you can easily decorate the space if needed, or bring in the right equipment. A dollar store would also be a good idea, although you’ll have to be careful about which provider you choose, since many of them will not be happy with the idea that you’re running a store from one of their units.
A storage unit can also be a peaceful place to work as a content provider or repair person. Any type of work that involves you working quietly at a computer or a desk will be pretty much a great idea here. Moreover, a larger storage unit can also be a great place to handle vintage sales, whether you’re selling classic cars, old furniture or memorabilia.
As you can see, there are plenty of profitable businesses that can run quite well out of a storage facilities in Colorado Springs. In most cases, all you have to do is set up your business and get to work, and you’ll get results similar to when you’d rent a space somewhere downtown – except you only have to pay an extremely small amount for it.
Offering more than the asking price for the property that you want to buy might seem to be a strange bidding method and also one that might seem downright foolish at first glance, but in certain situations, it makes all the sense in the world – here is some more about how it all works and some situations in which the method is used.
Buying on a Seller’s Market
The price you will have to pay for a property depends not only on the value of the property, but also on the dynamics of supply and offer – when there are more sellers than buyers, the sellers compete for the attention of the buyer by lowering their prices, but when it is the other way around, with more buyers looking for property than there are properties to sell, like on the Todd Creek homes for sale 80602 area, it is the buyer who should convince the seller that the offer on the table is serious and also the best. One of the ways to do this is by offering a price over the asking price.
Going Against Competition
You can get in front of the competition by making a higher bid. However, use the strategy only if you know for sure that you have competition – if yours is the only offer, it I a waste of money to offer more for the property that the asking price set by the seller.
The House is Listed for a Price that Is Lower than the Price for Similar Properties
If you have found a property that has all the qualities that you want and it is also cheaper than the price asked for similar real estate, chances are that other buyers have also noticed the under-priced estate and are ready to make their offer, just like you. To grab the attention of the seller before other buyers overtake you, you can offer to pay more than the buyer has asked for and to make your offer even more convincing, you can put that into writing as well.
You Have Fallen in Love with the Property
If you have found the home of your dreams and the price is also right, it would be foolish to lose it for a couple of hundreds of dollars. Make a quick calculation to see how much over the asking price you can afford to pay and add that amount to your bid to secure your place among the best potential buyers. You can also offer to make the seller’s life easier by giving them more time to move out and you can make your offer more convincing by attaching a letter of loan pre-approval to your offer.
The Others Are Cash Buyers
The only way to stay competitive against cash buyers is to offer more for the property than the cash buyers would. Most cash buyers are looking for fixer-uppers that they can flip and sell for much more – if you like the property and you want to live in it, you can emphasize that aspect, too, when you meet the seller.
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