All Forum Posts by: Dan Guenther

Whether you're a first-time investor, curious about real estate and building wealth, a seasoned investor, or just looking to meet some really great people, come join us in Longmont! All are welcome at this monthly meet up, where like-minded people will get together and enjoy good conversation, drinks, and food. This is a great opportunity to share knowledge and network with investors in Boulder County and the surrounding area.

@Hector Serna - Sorry to hear about the struggles so far. 

Take those first 3 deals as learning lessons and use that to grow. Going into the next deal you should have a lot better idea of what to look for and red flags to avoid. Don't give up! 

@Dylan S. - Congrats on the early start in real estate! I'd recommend that you continue to talk to lenders and grow your network of real estate professional. A common misconception is that you need 20-25% down for non-owner occupied investment loan products. There are lenders out there that are offering 10% down investment loans with favorable terms. 

I'd also recommended taking some time to write down your goals long and short term. House hacking and operating an Airbnb are two different beasts. If you are currently renting then look into the multiple ways house hacking could benefit (loan paydown, tax benefits, depreciation, appreciation, savings on rent etc.). With AirBnB on the other hand, you are operating a hospitality business which comes with a whole different set of challenges and operation requirements. If you do choose to go the AirBnB route make sure you are buying a property that has multiple exit strategies (renting by the room, medium term furnished, group home etc.) and not solely dependent on AirBnB. 

Good luck on your journey! 

Hey @Maureen M. - welcome to the community! 

I'm not a wholesaler but I do have connections with wholesalers and other off market opportunities in the Greater Denver Metro. Reach out and we can talk more. 

@Kevin S Porter Sr That's odd, DM me and we can figure out what happened. 

@Kaylyn Schroka - welcome to the BP community and Colorado! 

I'd be happy to share my experiences and opinions in the long term rental space and wholesaling. I'm in the Denver market and focus on creative finance, wholesale deals, and all things investing. 

I'll send you a DM and we can chat more! :)

@Baron Wilson Can you clarify your question? Are you asking if I made money from finding good tenants for my house hack, then yes absolutely. I've also saved a lot of money by not dealing with the headaches of unqualified tenants. 

@Baron Wilson - My go-to is Facebook Marketplace and "rooms for rent" specific groups on FB. Here in the Denver area, there are a lot of groups specific to renting rooms. Give that a try and make sure to stick to a strict screening process (background/credit/eviction check, past rental references, proof of employment or income verification etc.) 

 @Leonardo Rock - great work on locking down #2! If you haven't already, I'd check out Pace Morby on YouTube. Creative finance deals are a great way to scale without the typical hurdles of traditional financing. Reach out if you want to talk more about finding these opportunities for future deals, I'm well connected with the SubTo community! :)

@Paul Kielczewski - welcome to the community and Denver! You'll find no shortage of great people in the Denver BP community. If you haven't already, get on the Meetup app and get out to one of the many Meetup's in the Denver area. I'll send you a DM now and see if we can help each other out. I focus on a lot of creative finance deals in the Denver/Northern CO area. Let's talk more!