I'm a fellow investor/agent and am also looking to connect with other investors and possibly do some deals together. I currently invest in Colorado Springs and am often passing through your neck of the woods, I'd be happy to chat with you sometime about how we can possibly work together!
Investor · Front Royal, VA · Member since 2013 · 586 posts · 418 votes
10y
Hi Beth. I don't think there is anything wrong looking for clients on BP. I invest in long-term rentals in and around the North Englewood, South Denver area.
I'm a fellow investor/agent and am also looking to connect with other investors and possibly do some deals together. I currently invest in Colorado Springs and am often passing through your neck of the woods, I'd be happy to chat with you sometime about how we can possibly work together!
Rental Property Investor · Denver, CO · Member since 2013 · 4k+ posts · 2k+ votes
10y
@Beth Davis welcome. You might be interested in our landlord meetup. The next one is scheduled for April 11, 2016. It's an opportunity to network and hopefully step up your landlord game.
Black Hawk, CO · Member since 2015 · 16 posts · 0 votes
10y
Hey @Beth Davis, welcome to the BP community. I'm agent/investor in the Colorado Springs area. I co-own an investment company with @Daniel Eisman. Last month, our company closed on our first deal, a positive cash-flowing long term rental-investment 4-plex. I would love to hear about any of your long term rentals in the Denver area. What kind of deals are you currently looking for? Cheers - Max
Real Estate Consultant · Colorado Springs, CO · Member since 2013 · 325 posts · 117 votes
10y
Aside from licensed activity in Colorado Springs, I am a direct representative for turnkey investment opportunities in the Detroit market. With cap rates anywhere from 8 - 19%, they come with a 5 year Rental Income Guarantee and Comprehensive Property Warranty. Full details provided upon inquiry. All the best!
Aside from licensed activity in Colorado Springs, I am a direct representative for turnkey investment opportunities in the Detroit market. With cap rates anywhere from 8 - 19%, they come with a 5 year Rental Income Guarantee and Comprehensive Property Warranty. Full details provided upon inquiry. All the best!
Why would anyone sell, or buy in a 19% cap rate market?
Norberto, that is a poorly written article about cap rates.
NOI/sales price =Cap rate.
The NOI is the NOI no matter what.
The only variable is the purchase price.
If NOI is $12,000 then at a 19% cap rate the market is only willing to pay $63,158.
If NOI is $12,000 then at a 9% cap rate the market is willing to pay $133,333 for the EXACT same possible NOI. Guess which property is probably more profitable.