All Forum Posts by: David Williams

Investment Info:

Townhouse buy & hold investment.

Purchase price: $660,000
Cash invested: $76,000

New build townhouse househack. Lock off basement unit as short term rental.

Thanks for the response @Greg Weik, I'm looking for a client of mine. But would love to set a time to talk in the next week or so and gather some info to share with my client. Appreciate it!

Hi All, I'm in search for a 5 star long term property management company! TIA!

Hi Jennifer! I was helping a client of mine. He ended up modifying language from a residential lease, so can't be of much help on the lease. But he was able to find a tenant for the garage very quickly and they are storing some classic cars there. He is collecting $400/mo for a 2 car oversized garage here in Denver so you should be able to great shape to make some passive garage income!

Thanks Charles, do have a specific lease you have drawn up for this? Or know if a resource I could find one? 

Looking if anyone has any experience renting a detached garage independently. I've got a home that has an unused 2 car garage with separate entrance that I'm looking to lease out. Specifically does anyone have experience with leases for a garage rental. TIA

Hey BP family! Looking for some advice on growing our business and using who, not how. Our portfolio has scaled up to 3 properties we will add 1-2 annually, both individually and through partnerships. I also have a growing business as a real estate agent. Bookkeeping and keeping the back end of business sharp and accurate is beginning to take time away from growth and I know this is not the best use of my time.

Im looking for bookkeeping services. I already have a CPA that does a great job for me. His team can offer services at $500/mo to manage bookkeeping for essentially 4 businesses.

Does this price make sense? Are there benefits to keeping booking in house with my CPA? Should I shop around? I’m not at all trying to be cheap and believe in paying for what you get. And I want it to be excellent. Just new to this arena.

Thanks for any advice!

Hey Ryan! Congrats on finding the best place to live...B-E-A-Utiful CO. My wife and and I love working, living and investing here in Colorado. Love to meet up sometime!

Hey BP community! I’m looking for Airbnb cleaning service recommendations for Arvada and Denver. Thanks for any help you can give!

@Andrew Dincola Yeah man I think you are 100% on the right path and you've got some good knowledge. May be worth talking with a strong lender who can help think of creative ways to keep it all going! Got lots of moving parts in this one, but I like you're just keeping options open, willing to get creative and find a way to hang on to as much equity as possible!