All Forum Posts by: Kevin Kim

Following. 
Live in LC part-time. Looking for a mastermind locally. 

Michael Lathrop thanks for the comprehensive comparisons!

Yurt camping or winter cross-country overnight camping seems to be a niche in Colorado (I know friends that have done this). A few years ago I was working with someone to build yurts in CO away from the mountains and rent as guest houses for a biodiversity retreat development on 35 acres. For this idea by all intents and purposes was a good, affordable, low start up idea. Our research justified the idea that yurts are a good, relatively inexpensive way to build low-cost temporary housing, however not a good long-term & all-weather solution. So, the other question is why not build long-standing military-type tents on wooden platforms? I've seen this being used at CO retreat centers. Best regards!

Michael,

Among your search, check out Stephanie Long, Long Law Group, LLC in Denver. Real estate AND tax attorney. Works with investors. Good reputation. Have used her services in the past.

I'm with @Steve Vaughan....taking naps.

This is just my experience regarding this topic....I've been an investor for quite awhile in Colorado. Two years ago I decided to go with Real Estate Express because I found a big course discount through one of those discount shopping sites. 

At the time, I was considering VanEd or the like, based on referrals from friends the eventually became real estate agents. Though I saved a lot of course money by signing up with RE Express, I found inconsistencies in the course work. Some of the answers in my section quizzes were not lined up with the coursework subject and some of the study material and resulting recent CO real estate rulings did not seem up to date. This was quite consistent for the many months that I was online corresponding and booking my time for the school. 

I will say that the follow up and service call backs were timely and helpful. I chose to bail on these lessons 90% of the way through the course after beginning to see how the real estate governing body has controlling oversight and accountability over each agent- and rightly so. I decided to continue to work as an investor-only and choose the path of least resistance and comfort at my old age.  

I'm not here to destroy Real Estate Express. This was my experience in an attempt to find an affordable real estate study course. I'm sure they've helped a lot of people over the years. Hope my comments are helpful.

As in many real estate markets, financing is key. Sounds like you got a few favorable breaks. Thanks for taking the time to post this on the forum. It's very inspiring!

I am doing some "Friends & Family" personal lending this year. This is small loan amounts with short terms.

Does anyone know where I can get a reasonably priced software program that will help me with the accounting process for balloon notes, fixed term and interest only, accrued interest, periodic payments, prepayments and so on? I really dread having to get my calculator out when it's time to calculate payoffs & late payments and default rates.

I used to have Notesmith 10+ years ago but I didn't use it enough to keep up with the updates and subscriptions. It was known to be the best of software at the time. Additionally, I found it difficult to learn. I also have mortgage lending software but it does not really apply to personal notes.

Thanks,

Thanks for taking the time to share your experience.

Jay,

Welcome to our community.

Kevin