All Forum Posts by: Account Closed
Account Closed has started 0 posts and replied 176 times.
Post: Which path to choose as a new investor
- Investor
- Denver, CO
- Posts 184
- Votes 79
Hey David,
As a Denver local, I agree that Colorado isn't currently isn't the best environment to be acquiring rental properties. I am an acquisitions analyst at Tangible Wealth Solutions, a real estate investment advisory firm in Denver. We are located in the Tech Center specifically.
If you'd like to come in and have a meeting with my boss/the founder, and I, we would be happy to discuss how we could help you get started. Many of my clients are first-time investors. We are focused on acquiring property in two midwestern markets.
Let me know if this is something that would be of interest to you.
Thanks!
Post: Deal Analysis Help, Always calculating negative cash flow
- Investor
- Denver, CO
- Posts 184
- Votes 79
Hey Linden,
The issue you are experiencing is common for most investors in the US right now... We need to see cap rate expansion in most markets that have seen a huge value run-up really since 2014 ish.
I am an acquisitions analyst at a real estate investment advisory firm in Denver called Tangible Wealth Solutions. We specialize in helping clients find cash flow and appreciation out-of-state/ outside of Colorado (no cash flow here).
We are targeting two markets in the midwest and are able to find strong cash flow and great appreciation prospects. The "1% Rule" is a great benchmark to determine if something is likely to cash flow or not - If the monthly rent is 1% or greater of the purchase price, cash flow is more likely than not.
If you would like to schedule a call, I'd be happy to discuss our investment philosophy with you and go over our two markets of focus. We deal with clients from all over the country so you being in Idaho isn't a limiting factor.
Thanks!
Post: I have educated myself and now it is time for action
- Investor
- Denver, CO
- Posts 184
- Votes 79
Hey Justin,
I don't think that cold calling property owners is a necessary acquisition strategy, especially not in today's market. Why would I want to sell my house now if I have a mortgage at 3.5% only to go borrow on the next one at over 7%?
If you'd like to discuss starting out, I'd be happy to schedule a call. I am an acquisitions analyst at a real estate investment advisory firm in Denver called Tangible Wealth Solutions and one of my specialties is helping clients acquire their first rental. Thanks!
Post: Introduction to the real estate world
- Investor
- Denver, CO
- Posts 184
- Votes 79
Hey Megan,
I am an acquisitions analyst at a real estate advisory firm in Denver called Tangible Wealth Solutions. We help first-time investors get into their first out-of-state investment properties and the two markets we acquire in have turn-key single family homes trading from $120,000 to $200,000. Most clients put down about 20% and are all-in for a cash investment anywhere from $35,000 to $50,000, on average.
If you'd like to discuss, feel free to reach out. I am happy to provide you with any information that would be helpful.
Post: Trying to jump out the rat wheel!!!!
- Investor
- Denver, CO
- Posts 184
- Votes 79
Hey Chrisitan,
I am not legally allowed to give financial advice so I cannot speak on whether your decision to rent your primary residence and move in with family is a good idea or not.
However, I can say that I work as an acquisitions analyst at a real estate investment advisory firm in Denver called Tangible Wealth Solutions. I help many first-time investors acquire their first out-of-state rental property. We are dealing in two out-of-state markets right now where single family home values are between $125,000 and $200,000 and rent for $1,300 to $2,000 / month. If you'd like to schedule a call, I'd be happy to discuss our business with you.
Thanks and good luck!
Post: Looking for a few new potential markets
- Investor
- Denver, CO
- Posts 184
- Votes 79
Hey Rosario,
I am an acquisitions analyst at a real estate investment advisory firm in Denver called Tangible Wealth Solutions. We actually specialize in helping clients invest out-of-state. We have two markets of interest right now and if you're interested, I would be happy to schedule a call to discuss those with you.