All Forum Posts by: Jennifer C.

If you do not like Boo Boo bear you should have smelled nicotine, and stained fingers when you interviewed the tenant. There are more damaging issues you have not dealt with. Animal urination through the subfloor. Motor cycles in the living room with oil dripping on the new floor, unreported fire in the kitchen, plumbing rupture and wall water damage. It used to be Mary Jane growing with irrigation ditch in living room and high electricity in SFBA that get landlord excited thinking the insurance will cover the damage. Ha!

I suggest you delegate that role back to your husband. Don't mess with being a landlord.

This is the most overtly hostile sexism I've seen here and makes me question whether I want to be a part of this community. Abuse is not "advice". I disagree with the "if you can't take the heat get out of the kitchen" attitude taken by many here. Show me a landlord who has says they have never made a mistake and I'll show you a liar. I come here for a professional community, and the way many have conducted themselves here is anything but.

7 Votes

Oh, lenders too.

0 Votes

Hello Folks,

I'm doing a 1031 exchange and will need to identify property soon. I'm in Denver and looking here but also looking in Cincinnati. I have some familiarity with the city, and family there. If anyone could recommend an agent with knowledge of small multifamily (or larger) and excellent property managers I could talk to, I would appreciate it!

Jennifer

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Matt and Andy. Keep me in the loop. I think micro cabins are the way to go.

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This has long been a dream of mine. The issue with doing it in Colorado vs. California is winter. They've got a 12 month season. Ours is about 4.

2 Votes

Hi Ladies, I am so sorry to have missed this event. I'm selling my home in Brooklyn and had planned on doing a 1031 exchange, but now that its real I'm feeling completely out of my depth. Could really use some advice!

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Try Bethpage Federal Credit Union in NY. Great HELOC. They loan everywhere except Texas.

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The real estate agent who is staging my house in NY is using a designer to pick colors. I think it's an excellent idea. While picking a standard set of colors could work ok, it's important to use colors that work with the light in each individual house. A taupe that looks warm and lovely in one house could look green and flat in another.

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Denver, Colorado

This is all very interesting. Robert, what type of tenants rent your lots? Do you have any concerns about what they might do on the land? I'm thinking pollution, industrial waste, that you might end up responsible for.

Originally posted by @Robert Herrera:

Tristin Crum I love Industrial investing. I purchased a 1 acre lot in Denver metro area in Colorado. Purchase price was $280k. Owner financing with $25k down. Mortgage $1,500/month. Has a power pole on the lot. We added a fence for around $7k.

Split into 4. Rents are $1,000 per 1/4 acre. We rent out 3 so we get $3,000/month rents. We pocket $1,500/month and get 1/4 for free for our business. Otherwise we would be takin home $2,500/month. Happy investing!

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Originally posted by @Lumi Ispas:

@Jennifer C. , what a wonderful problem to have. :) What if you can keep your beautifully growing asset and amazing cash flowing property and just get a line of credit to use for investing or to pay off the Denver property?

Also, as Plan B, in case you can't AIRBNB the property any longer at one point in the future, if you have to rent it to market rent, will the rent cover the total expenses of the property?

Regarding earning extra income, with your love for real estate, empathy and multitasking skills earned as a mom, I believe your best bet will be to get your real estate license.

Good luck to you!

Indeed. I am very lucky and grateful to have this problem! I already have a large line of credit on the house that I used to purchase a primary residence here, then refinanced into a 30-year fixed.

I would actually love to AVOID being a real estate agent again, if I can help it. It's not a very stimulating career.

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All Forum Posts by: Jennifer C.

Jennifer C. has started 4 posts and replied 29 times.

Post: Tenant wants us to pay moving truck and babysitter fees

Post: Need Excellent Agent and Prop. Mgr in Cincinnati.

Post: Need Excellent Agent and Prop. Mgr in Cincinnati.

Post: Airsteam/Tiny Home: GLAMPING Concept in CO???

Post: Airsteam/Tiny Home: GLAMPING Concept in CO???

Post: Looking for inspiring woman investor in Denver

Post: Trouble finding a HELOC in Arizona

Post: Denver: Referral needed for architect / interior designer.

Post: Industrial Real Estate - Limited Resources

Post: Need a RE Tax Strategist & Mentor & Possibly Partners