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All Forum Posts by: Denver McClure

Denver McClure has started 1 posts and replied 454 times.

Post: Heloc Help Thank you

Denver McClure
Posted
  • Financial Advisor
  • Dallas, TX
  • Posts 491
  • Votes 432

@Jeff Nash can definitely help you on this one.

Post: North Dallas REI Newbie – Looking for Market Tips & Networking!

Denver McClure
Posted
  • Financial Advisor
  • Dallas, TX
  • Posts 491
  • Votes 432

Hey @Stuart Nero, I'm based out of Frisco, so we can meet locally. I allocate most mornings for research and existing clients, so afternoons are when I'm flexible. 

Post: Leaving Primary SFH - Cash Flow Advice

Denver McClure
Posted
  • Financial Advisor
  • Dallas, TX
  • Posts 491
  • Votes 432

Hey @Doug Hogan, no it's not a foolish idea to hold onto it. Have you run the numbers on MTR/STR to see if your cash flow improves? Obviously you'll want to budget for vacancy, Capex, maintenance, PM, etc....but I'm curious if those other strategies work to help even things out. Also, I would factor in your interest rate. If you have sometime locked in below a 4% mortgage, then maybe it makes sense to hold it. But if you are stuck with a higher rate, then you might be taking the right approach in offloading it.

Feel free to PM me if you'd like to bounce ideas around.

Post: North Dallas REI Newbie – Looking for Market Tips & Networking!

Denver McClure
Posted
  • Financial Advisor
  • Dallas, TX
  • Posts 491
  • Votes 432

Welcome @Stuart Nero! I'm also here in North Dallas, let me know if you'd like to meet up for coffee or drinks to talk about real estate! I have tons of great connections for you.

Post: Asking for advice

Denver McClure
Posted
  • Financial Advisor
  • Dallas, TX
  • Posts 491
  • Votes 432

Hey @Xavier Soares, welcome to the world of real estate! Feel free to PM me, I'm happy to pass on friendly tips!

Post: Buddy in NJ needs a HELOC.

Denver McClure
Posted
  • Financial Advisor
  • Dallas, TX
  • Posts 491
  • Votes 432

Hey @Andre Mccollough, feel free to PM me. I'd be happy to help them out.

Post: Transitioning from Data Analytics to become MLO – Seeking guidance & oppurtunities

Denver McClure
Posted
  • Financial Advisor
  • Dallas, TX
  • Posts 491
  • Votes 432

You have to talk to @Tyler Hodgson. He's also in Texas and can give you great guidance on how to kick off your career as an MLO.

Post: Need advice on my first home

Denver McClure
Posted
  • Financial Advisor
  • Dallas, TX
  • Posts 491
  • Votes 432

Hey @Syed Akbar, feel free to reach out if you'd like to chat sometime. I'm also in Dallas.

Post: UNDERCONTRACT Multifamily 3-unit

Denver McClure
Posted
  • Financial Advisor
  • Dallas, TX
  • Posts 491
  • Votes 432

@Stanley J Black can help with insurance. Congrats on the Triplex!

Post: what are all my options to consider this LLC profit as capital gains?

Denver McClure
Posted
  • Financial Advisor
  • Dallas, TX
  • Posts 491
  • Votes 432

Hey @Prav Se, I recommend speaking with @Jeff Nash about this. He's a CPA/CFP and is well versed in this area.