All Forum Posts by: Jordan Malara

Hey BP, are you interested in joining a community of local, like-minded real estate investors designed to learn and grow together? If so, then we welcome you to join us for our meetup centered around creating community and sharing experiences related to Real Estate investing and House Hacking in the Colorado Springs area.

Meetup topic: This week we will have Nicole Rueth from Fairway Mortgage coming down from Denver to speak with us about the current state of the market and the trends she is seeing throughout the mortgage loan industry. Nicole runs the #1 Lending Team in Colorado and is an expert in her field. If you aren't familiar with her, check out her YouTube channel here: https://www.youtube.com/c/TheRuethTeam

Where: Goat Patch Brewing

When: August 25th @ 6:30 PM

Come learn and share without a sales pitch! Whether you're a new investor learning how to get started or an experienced investor looking to network and expand your knowledge, we want YOU to join us. This meetup is 100% FREE and is designed for those who want to grow and challenge each other in the pursuit of financial independence and your WHY.

Cheers and See You Soon!

Hey BP, are you interested in joining a community of local, like-minded real estate investors designed to learn and grow together? If so, then we welcome you to join us for our meetup centered around creating community and sharing experiences related to Real Estate investing and House Hacking in the Colorado Springs area.

Meetup topic: This week, I will be sharing the in's and out's of building an Accessory Dwelling Unit (ADU) on your property in Colorado Springs. I will cover what to look for in a property, necessary due diligence before purchasing, the various types of ADUs, financing, choosing a contractor and more! I'll also cover the potential equity and revenue these types of value-add additions can add to your portfolio.

Where: Goat Patch Brewing

When: August 11th @ 6:30 PM

Come learn and share without a sales pitch! Whether you're a new investor learning how to get started or an experienced investor looking to network and expand your knowledge, we want YOU to join us. This meetup is 100% FREE and is designed for those who want to grow and challenge each other in the pursuit of financial independence and your WHY.

Cheers and See You Soon!

Hey BP, are you interested in joining a community of local, like-minded real estate investors designed to learn and grow together? If so, then we welcome you to join us for our meetup centered around creating community and sharing experiences related to Real Estate investing and House Hacking in the Colorado Springs area.

Come hangout with us and many other local real estate investors at Goat Patch Brewing Company off of Cascade Ave. There won't be a formal presentation this time, but we will plan to do some Q&A, so bring your questions!

Discussion Topics & Future Presentations:

- Deal Analysis
- House Hacking
- Loan Options for new investors
- Airbnb and Short Term Rentals
- The Real Estate Market
- Estimating Rehab Costs
- Property Management
- Taxes/CPA
- Organized Q&A
- Goal-setting
- & More!

Come learn and share without a sales pitch! Whether you're a new investor learning how to get started or an experienced investor looking to network and expand your knowledge, we want YOU to join us. This meetup is 100% FREE and is designed for those who want to grow and challenge each other in the pursuit of financial independence and your WHY.

Cheers and See You Soon!

@Teddy Smith As others have mentioned, the quote at $80k is unrealistic and the contractor will likely be coming to you asking for more money to finish the project.

One of the most important things I would recommend you do before signing on with a contractor is vetting them for their experience in this specific field of work. You want to find a GC that has knowledge on how to work with your city's building departments and the existing structure to convert the garage as quickly and cost-effectively as possible. Ask them if they have ever done a garage conversion before, how long it took them, and if they stayed on budget. If they have, ask for the clients info so you can talk to them about how it was working through the process with that specific GC. We do a number of these garage conversions each year in Colorado Springs and each has its own set of problems and setbacks, but we've found a GC who has experience in this type of work and it has made a huge difference. Cheapest is usually not the best and ends up causing more headaches in the long run. Our GC is not the cheapest, but he is great at this specific niche of construction.

I'd also recommend going on Facebook and joining a few California-based ADU groups. There a lot of people in your area doing exactly what you are trying to do so they can likely offer lots of great tips.

Best of luck!

Hey BP, are you interested in joining a community of local, like-minded real estate investors designed to learn and grow together? If so, then we welcome you to join us for our meetup centered around creating community and sharing experiences related to Real Estate investing and House Hacking in the Colorado Springs area.

This week will be hearing from our very own Cindy Blackburn about how leading with our why can have a profound impact in our lives and business. Cindy will share the science behind values-based affirmations as well as a process you can use to start each day grounded in why!

Discussion Topics & Future Presentations:

- Deal Analysis
- House Hacking
- Loan Options for new investors
- Airbnb and Short Term Rentals
- The Real Estate Market
- Estimating Rehab Costs
- Property Management
- Taxes/CPA
- Organized Q&A
- Goal-setting
- & More!

Come learn and share without a sales pitch! Whether you're a new investor learning how to get started or an experienced investor looking to network and expand your knowledge, we want YOU to join us. This meetup is 100% FREE and is designed for those who want to grow and challenge each other in the pursuit of financial independence and your WHY.

Cheers and See You Soon!

Appreciate the referral, Michael!

Congrats on getting started @Cathy Hockert! Would love to connect soon to learn more about your specific situation, background/experiences, and goals. Feel free to DM me on here or call/text from my info below.

Hey BP, are you interested in joining a community of local, like-minded real estate investors designed to learn and grow together? If so, then we welcome you to join us for our meetup centered around creating community and sharing experiences related to Real Estate investing and House Hacking in the Colorado Springs area.

Discussion Topics & Future Presentations:

- Deal Analysis
- House Hacking
- Loan Options for new investors
- Airbnb and Short Term Rentals
- The Real Estate Market
- Estimating Rehab Costs
- Property Management
- Taxes/CPA
- Organized Q&A
- Goal-setting
- & More!

Come learn and share without a sales pitch! Whether you're a new investor learning how to get started or an experienced investor looking to network and expand your knowledge, we want YOU to join us. This meetup is 100% FREE and is designed for those who want to grow and challenge each other in the pursuit of financial independence and your WHY.

Cheers and See You Soon!

Hey BP, are you interested in joining a community of local, like-minded real estate investors designed to learn and grow together? If so, then we welcome you to join us for our meetup centered around creating community and sharing experiences related to Real Estate investing and House Hacking in the Colorado Springs area.

Discussion Topics & Future Presentations: This week we will have some time set aside for an organized Q&A, so bring your questions!

- Deal Analysis
- House Hacking
- Loan Options for new investors
- Airbnb and Short Term Rentals
- The Real Estate Market
- Estimating Rehab Costs
- Property Management
- Taxes/CPA
- Organized Q&A
- Goal-setting
- & More!

Come learn and share without a sales pitch! Whether you're a new investor learning how to get started or an experienced investor looking to network and expand your knowledge, we want YOU to join us. This meetup is 100% FREE and is designed for those who want to grow and challenge each other in the pursuit of financial independence and your WHY.

Cheers and See You Soon!

@Nik Eliadis Does the lender you are currently working with have experience working with investors? It is always best to find a lending team that is investors themselves. I have someone that I would be happy to connect you with. As far as rental income is concerned, if it is not on your tax returns then it cannot be fully counted towards your DTI, however, most lenders can count up to 75% of rental income not on tax returns.

@Stuart Grazier Would love to have you join us in the future! I'm pretty open to whatever time would be best for most people so we could try doing the lunch time frame next time around.