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All Forum Posts by: Cory Calvin

Cory Calvin has started 4 posts and replied 42 times.

Post: Marketing for homes in a competitive city

Cory CalvinPosted
  • Investor
  • Brighton, CO
  • Posts 59
  • Votes 5
Originally posted by @Chrissy Parsons:

@Dave Vona, Yes, Testing a couple lists is a good idea. I would suggest the FSS list with absentee and owner occupied and Seniors - owner occupied. If you want more absentee, include a 3rd segment as well.

Chrissy, where is the best place to find the FSS lists? Awesome idea! 

Hey Matt, 

Are you still using the same bookkeeper? If so, I would love the referral! 



Originally posted by @Matt McKinney:

I’m in the same boat. I have properties in different states with different managers. I hired a book keeper that specializes in real estate. She has a degree in accounting and has worked in accounting firms and major real estate companies for years. She doesn’t offer tax advice. She doesn’t do taxes either. She doesn’t have anything to do with handling money. So if you’re looking for those things a CPA is best.Her role is mainly that of an assistant. She logs everything in Quick Books and makes a monthly report combining all expenses and income so I can easily see the big picture and then breaks it down so I can see where my strengths and weaknesses are. She keeps records and receipts and will double check all of the maintenance expenses. She always keeps a running total of year to date expenses and sends her closing statement to my CPA every year. She’s caught several errors on the PM side. Mainly double billing for maintenance. Is that the kind of service you’re looking for? Message me if you want the info for the woman that keeps my books in check. My CPA wanted $100 an hour for this service but actually recommended the girl I use now. I pay her $25.

Post: First Florida multifamily closed!

Cory CalvinPosted
  • Investor
  • Brighton, CO
  • Posts 59
  • Votes 5

Inspiring as I am working to do the same. Thanks for sharing for all of us! 

Post: Owner will carry/sublet leasing questions Colorado

Cory CalvinPosted
  • Investor
  • Brighton, CO
  • Posts 59
  • Votes 5

$231k for the entire 70 acres ?! 

Post: Owner Carry - Interest Only?

Cory CalvinPosted
  • Investor
  • Brighton, CO
  • Posts 59
  • Votes 5

Hey Shaun,

Selling for $230k. Based on my opinion of the comparables, it's worth $180k. No up front payment. Rent would be $1600/mo. 

Post: Owner Carry - Interest Only?

Cory CalvinPosted
  • Investor
  • Brighton, CO
  • Posts 59
  • Votes 5

A local investor is looking to sell one of his single family homes to me. $230,000 strike price on terms of interest only for first 10yrs at 8.5% and amortize principal for 20 years after. Comps in the area are ~$180k. It isn't necessarily what I would call a fancy house, but it's definitely a rental.  

Thoughts? Or what might be a better way to slice it for both of us? 

Post: No money, low credit score - looking at options

Cory CalvinPosted
  • Investor
  • Brighton, CO
  • Posts 59
  • Votes 5

@Roy N. Has good advice! 

What do you mean by bad credit? 

Post: looking for a good title company in colorado

Cory CalvinPosted
  • Investor
  • Brighton, CO
  • Posts 59
  • Votes 5

My favorites are Fidelity, First American, and North American. 

Stay away from Canyon Title. Have had so many problems with them on multiple properties. 

Post: Suggestions on Colorado Hard Money Lenders

Cory CalvinPosted
  • Investor
  • Brighton, CO
  • Posts 59
  • Votes 5

1 up for Pine! They've treated me well!

Post: Agent Based Websites? Honest Question for the Tech Savvy Agent

Cory CalvinPosted
  • Investor
  • Brighton, CO
  • Posts 59
  • Votes 5

I know here in CO, you have to have your Employing Brokage name and your name on all advertising. Not sure the rules in, TX but might be similar and worth looking into if you haven't already.