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All Forum Posts by: Diane Tycangco

Diane Tycangco has started 48 posts and replied 120 times.

Post: Newbie Out of State Investing - Denver

Diane TycangcoPosted
  • Posts 120
  • Votes 26

I like Denver's growth, economy and jobs.

Post: Newbie Out of State Investing - Denver

Diane TycangcoPosted
  • Posts 120
  • Votes 26

HI everyone! I am in California and I would like to invest in the Denver area. Any pointers/caveats/dangers about investing out of state?  Any advice on Section 8 landlording fr out of state?

Thanks!

I have noticed that in Denver, the older condos have very low prices and very high HOA fees. Does this mean that they have gone down in price because of the very high HOA fees which turn people off? So they are not good investments then, right?

Where did you go?  The reason why I like is because Denver has such steady appreciation, and fast growth because of high tech right?

Thank you James.  My budget is actually $70k.  The total value of the property would be $270k.  How much would a condo for traveling nurses rent for and what would be the vacancy rate for those?  Do you have  prospects for #2 and/or #3?

No, my money to invest is not $270k, what I meant was the value of the property is $270k.  so hard to find anything.

I tried to contact Chris Lopez but no reply.  Being from California, what I am trying to do is the exact opposite of what his podcast Podcast #92: Out of State Investing w/ Terrance Doyle is saying meaning invest where you live.

What I mean is cashflowing with 20% down.  what you are saying is that all properties cash flow -  if they don't at 20% then increase your downpayment, right?