All Forum Posts by: Account Closed

Many thanks to both of you. Interesting read Tracy.

I'm contemplating buying some <$100K SFR rentals in Phoenix. Any thoughts on the market in the near future?

http://www.zillow.com/profile/Chas-Burdick/Reviews/

Good/Honest guy

Thanks Gordon.

Welcome from Boulder :-)

Hi, Does anyone have a recommendation for a good PM company in Houston?

Hi, Looking for a tax attorney in Colorado that can advise and draw up entities to hold buy/hold properties. Does anyone have a recommendation?

Cheers

I checked file place and there are not any sample business plans for buy/hold. Does anyone have one. Google isn't really helping. Thanks

North Glenn, Colorado. Suburb in north Denver. Much lower prop taxes and Colorado is attracting people, unlike some northern states. Fort Collins in Colorado is another good option.

Thanks Nathan. I've amended to:

1. Properties must provide positive cash flow.
2. Ideally looking for properties where costs are less than 50% of income.
3. Owner financing where possible, due to Fannie Mae restrictions.
4. Leverage property management due to physical location of investment properties.
5. The main focus is positive cash flow but I’m rejecting areas with stagnant or depreciating property values.
6. Purchase undervalued properties to gain instance reduction in LTV after renovation.