All Forum Posts by: Jeff Langley

Why not buy one in each location by using a 10% second home loan? If you're dti doesn't allow both, do one 10% second home and one 20% DSCR. If you're worried about the risk, IMO doing nothing is riskier than doing something.

Here's a thought- just because the title isn't in an LLC doesn't mean you can't operate the business aspect with the LLC and have the LLC make the payments.

I use pricelabs but i also look at the data in the area to make adjustments. Price labs is a tool, and it’s all based on how you choose to utilize it. 

Costco currently has their sheets $30 off and that’s what we use. Unfortunately, the limit is 2 so you have to make multiple orders. 

That might be tough given OP's price range. I also live in Denver and have out of state LTR and STR. Feel free to reach out

There are many lenders out there but a lot of them have specific state licenses, so it depends on the area you buy in. May i ask how you plan to achieve 10 properties in 7 years? I’m intrigued 

Not necessarily, I’m a data/analytical person so rely on multiple factors when deciding on what’s the “best” size. Average group size, nightly rates, cost vs return, etc. we can chat some if you’d like 

I’m afraid you’ll witness a similar marker in Broken Bow. Both tend to warrant aggressive offers. 

My response is unique given the fact that I’m literally a training professional, performance and behavioral for my day job.

I’m not trying to rain on anyones business model, but there is an abundance of information circulating for free. Take the little time, and do some research. You’ll gain a better understanding and may even increase your retention. Don’t buy courses, that are typically “out of the box”, instead buy coffee/drinks for people willing to talk and share experiences(similar to this forum). Adult Learning isn’t a one size fits all approach. Just my $.2.