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All Forum Posts by: Jennifer Delmore

Jennifer Delmore has started 5 posts and replied 60 times.

Post: Auction: Bank of America customers prohibited from bidding?

Jennifer DelmorePosted
  • Rental Property Investor
  • Littleton, CO
  • Posts 61
  • Votes 18

People who work for BofA, people who live with employees of BofA (household members) and business partners of people who work for BofA cannot buy the property.  

Post: New to CO Advice Requested

Jennifer DelmorePosted
  • Rental Property Investor
  • Littleton, CO
  • Posts 61
  • Votes 18

Welcome to CO and good luck!  We are looking outside the Denver Metro area to get started as the price for entry is too high for our current situation.  Considering Colorado Springs and a few other areas as well into the midwest.

Post: Job title - fact or fiction

Jennifer DelmorePosted
  • Rental Property Investor
  • Littleton, CO
  • Posts 61
  • Votes 18

Thank you all for your responses.  This has turned into an interesting discussion.

Post: Job title - fact or fiction

Jennifer DelmorePosted
  • Rental Property Investor
  • Littleton, CO
  • Posts 61
  • Votes 18

Thanks for all your thoughts.  I like the idea of just not putting a title on a card at all.  I hadn't considered that as an option.

@Matt K. That's the stuff of my nightmares.  Good way to trash your credit and name without a foundation under you.

Post: How to estimate ARV with few comps

Jennifer DelmorePosted
  • Rental Property Investor
  • Littleton, CO
  • Posts 61
  • Votes 18

I am interested in small multi-family homes 2-4 units. How do you figure out an ARV when they are in an area with few other MFH resulting in no other listings or recent sales to compare to? In neighborhoods of duplexes it's easier cause there are multiple listings and recent sales to compare to on paper.

I've found one that looks like it is really outdated in a decent neighborhood, but it's priced really close to the zillow Zestimate (which can be crap - so it's not reliable) which leaves little room for updating kitchens (appliances are from the yellow era), flooring throughout, bathrooms, etc. I figure you either need to pay half of the list price, or the ARV needs to be much higher than the zestimate for this to make any sense (which is probably why it's been on the market for a few months).

Thanks!

Post: Should I get my real estate license?

Jennifer DelmorePosted
  • Rental Property Investor
  • Littleton, CO
  • Posts 61
  • Votes 18

My husband and I have similar goals and I have also been thinking about the benefits/costs of getting and maintaining my RE license to help us out.  I'm interested in the advice you get here.

Post: Job title - fact or fiction

Jennifer DelmorePosted
  • Rental Property Investor
  • Littleton, CO
  • Posts 61
  • Votes 18

What's in a title? It's all about presentation.

 I mean, at 16 I was "VP of International Marketing" for my dad's small business. Reality - I printed and stuffed and sealed envelopes for his direct mailing campaigns and some of the addresses were in Canada, and my younger brothers were my "team". But we got a good chuckle out of the inflated title.

If you invest in Real Estate "on the side" and also work a full time job, do you list your real estate endeavors on things like Linkedin, Facebook, etc?  Have you gotten yourself business cards to give out at networking events? What title do you give yourself? Owner? President? CEO? VP of acquisitions? 

If you're doing this full time now and are all organized and stuff how did you start out presenting yourself professionally in this arena?  

Thanks!

Post: New Investor From Northern Colorado

Jennifer DelmorePosted
  • Rental Property Investor
  • Littleton, CO
  • Posts 61
  • Votes 18

Hello and welcome from south of Denver :).

Post: Property Management common practice procedures in Cleveland Ohio

Jennifer DelmorePosted
  • Rental Property Investor
  • Littleton, CO
  • Posts 61
  • Votes 18

We have a rental in Garfield Heights.  Tenant has electric and gas in their name.  Water and Sewer is in our name, but bills through the PM.  What you described sounds overly complicated and bizarre.

Post: Coming to Colorado soon!

Jennifer DelmorePosted
  • Rental Property Investor
  • Littleton, CO
  • Posts 61
  • Votes 18
James Carlson we went to the SMART meet up in Littleton last month and planned to be there again next week. Always interested in meeting more people though. Can’t make it tonight though. ‘Tis the season!