All Forum Posts by: Account Closed

Hey Timothy,

Thank you for your service.

I am an acquisitions analyst at a real estate investment advisory firm in Denver called Tangible Wealth Solutions. One of my main jobs is helping new investors get their first property.

We have two midwestern markets that we are currently focusing on.

Shoot me a DM if you'd like to know more. I am always happy to chat, especially with those who fought for our country. 

Rates 

Hey Victoria,

I'm an acquisitions analyst at a real estate investment advisory firm in Denver called Tangible Wealth Solutions. Many of my clients are first-time investors that I aid through the acquisition process.

Shoot me a DM and we can connect over a call. Happy to chat. 

Thanks 

Facebook marketplace a good place to find. Or hire PM 

I'd personally wait to sell until rates come down and get a HELOC in the meantime and use that cash as a downpayment on the next property.

I am an acquisitions analyst at a real estate investment advisory firm based in Denver. We invest ourselves and for clients in two midwestern markets.

If you'd like to discuss these, shoot me a DM. More than happy to talk about these markets and why we like them. 

As a landlord, the lease term is up to you. My experience in college was that leases went from August - August. 

I was in a college town where the demand for rental housing for upperclassmen was through the roof. A lot of that had to do with the city and the fact that there is limited housing and laws against building buildings over 5 stories. 

Do the research into the relative income of the town and the income of the parent base. I went to school in a rich town with wealthy parents on average and I knew zero students who paid their own rent. Landlords had full pricing power because of limited housing stock and knowing that parents are going to stroke a check no matter the rent. 

I'd say the opposite and claim that getting into a good investment home in a college town is one of the most lucrative ways to be in this game. The hard part is, the markets with high income parents and residents usually have high investor competition for deals when they hit the market and expensive property values. Lastly, the property management companies in these college towns usually have a monopoly and manage a majority of student houses. There is definitely some agism there in their aggressive fines, although, the strict fine structure surely incentivizes students to respect the house and not be morons. 

For reference, my college town was Boulder, CO. If you're a student landlord there, you do very well. 

Hey George. I am an acquisitions analyst at a real estate investment advisory firm in Denver. My job is to model properties for clients in our two midwestern cities of focus. We then have them send in offers through our local agents in our markets of investment and set them up with a trusted property management company once they're under contract. After closing, we have an asset manager who walks the client through the first 90 days of owning their investment property - Setting up utilities, water, electric, etc... The asset manager also 'manages the property manager', meaning, she tells the client what they should be asking from the PM and what to focus on in the first 90 days to ensure they're asking and doing the right things. 

Many of my clients are first-time investors. If you'd like to schedule a call, I'd be more than happy to discuss. 

Thanks! 

Our clients who purchase their first investment property are in the range of $125,000 - $150,000. Since it's an investment, you'll have to put down 20% minimum. Including closing costs and other misc. fees, they're all in from $30,000 - $55,000. 

Then again, you can put down as little as 3% on your primary and eventually rent that out when you're ready to move. 

Does vary. No less than $10k usually. 

One thing my firm looks for primarily when analyzing a potential new market is if there are urban universities. We like young professionals as a proportion of the tenant base. Think Boulder, Grand Rapids, Tempe. 

Census data is also good.

We've already done the research on our markets of focus and help clients acquire properties. We partner with agents in the markets of focus and have done our trial and error finding good property management companies in those markets as well. Also provide models to clients with accurate and conservative estimates. 

If you'd like to set up a time to chat, I'd be happy to talk!

Thanks