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All Forum Posts by: Tammy Tivis

Tammy Tivis has started 3 posts and replied 47 times.

Post: Excited Newbies for flipping or rentals in Pueblo, Colorado

Tammy TivisPosted
  • Rental Property Investor
  • Beulah, CO
  • Posts 52
  • Votes 43

That's wonderful @Rick Thomas and I really appreciate that!   We will be in touch

Post: Excited Newbies for flipping or rentals in Pueblo, Colorado

Tammy TivisPosted
  • Rental Property Investor
  • Beulah, CO
  • Posts 52
  • Votes 43

Thank you, @Robert Herrera! We are open to either Single or multi. We would like to flip but I think that buy and hold makes more sense in this current market. I'm sure the deals are there either way so it's just a matter of seeing what comes up. Another BP member PM'ed me about 2 properties he has available in Pueblo so we will be driving those later. We are currently without an agent, contractor, etc. We have an electrician that we love but looking to establish other relationships so that we are ready. If you don't mind sharing, are you finding your properties through MLS, direct marketing or agent? If you have something available, please feel free to PM me. Thanks so much for reaching out!

Post: Excited Newbies for flipping or rentals in Pueblo, Colorado

Tammy TivisPosted
  • Rental Property Investor
  • Beulah, CO
  • Posts 52
  • Votes 43

I really appreciate that, @Rusty Pollard!  We did some (very mild) white water rafting outside Canon City and went to the Blossom Festival last year... absolutely gorgeous area. I may have to hit you up at some point for a contact or two so I thank you for the offer. 

Post: Excited Newbies for flipping or rentals in Pueblo, Colorado

Tammy TivisPosted
  • Rental Property Investor
  • Beulah, CO
  • Posts 52
  • Votes 43

Thank you so much @John Trujillo!  I appreciate it.

Post: Excited Newbies for flipping or rentals in Pueblo, Colorado

Tammy TivisPosted
  • Rental Property Investor
  • Beulah, CO
  • Posts 52
  • Votes 43

Thank you, @Michael S. & @Rene Remington!

Absolutely loving CO. We had desperately missed the Sierra Mountains and it's much more of the climate we're used to compared to KY.  Rene, kudos to you for being a "land magnet" in a market that has really seen such tremendous growth!  There's still lots of opportunity in your area, though. 

Read your bios and wishing you both all the best in reaching your goals this year. :)

Post: How to Find a REAL Investor Friendly Real Estate Agent

Tammy TivisPosted
  • Rental Property Investor
  • Beulah, CO
  • Posts 52
  • Votes 43

Wow, thank you for this info @Chris Dawson!  We are looking for an agent and this is great food for thought and very helpful questions to ask.  I would not have thought to ask for such specifics, such as showing how many transactions they've closed in the past year.  

@Joe Villeneuve, thanks for the idea of asking if they will submit ALL offers.  If we run the numbers, we can only make an offer based on that.  I like the idea of submitting the offer prior to inspecting the property as well, leaving (I assume) a contingency of a couple of days for approval based on how well the inspection goes?  

Post: Excited Newbies for flipping or rentals in Pueblo, Colorado

Tammy TivisPosted
  • Rental Property Investor
  • Beulah, CO
  • Posts 52
  • Votes 43

Hello fellow BP members! I came across BP just 2 weeks ago after stumbling across Podcast 197 with Chris Heeren. Wow, what an eye opener! Since then, we have attended 2 trustee auctions, a couple BP webinars and listened to over 20 more podcasts (eventually we will be caught up to current), driven by dozens of MLS homes and started playing with the real estate investment calculators. I read "Rich Dad, Poor Dad" in my late teens but I guess I should've paid more attention. Just went a little crazy and purchased "Every Landlord's Legal Guide, "Rich Dad's Cashflow Quadrant", "Landlording on Auto-Pilot", "HOLD: How to Find, Buy and Rent Houses for Wealth", "The Millionaire Real Estate Investor", "Every Landlord's Guide to Managing Property", "The Book on Investing in Real Estate with No (and Low) Money Down" (by Brandon Turner). The goal isn't to get "analysis paralysis", but we want to be informed and make smart decisions.

A little background... My husband Mike and I grew up in the Foothills of Northern CA (Newcastle, CA and Foresthill, Ca for anyone officially familiar with "the boonies"!). We purchased our first home (short sale) in Antelope, CA in 1996 and our 2nd home (foreclosure) in Rocklin, CA in 1998 or 1999?  Our 3rd home was purchased in Auburn, CA in 2000. Home values were steadily increasing but we needed to relocate near Louisville, KY in 2002 so we sold everything and were happy with the profits. Too bad we weren't wise enough to hang onto those!  Our first 2 homes were turned into rentals for a short period so we have (very little) experience with landlording. 

Why real estate now?  We have operated a successful internet business (unrelated to real estate) for the past 15 years and moved the business to Pueblo, CO May 2016.  We have been re-evaluating how to best continue long-term investing and real estate makes more sense to us than mutual funds.  We're looking for ways to reduce our tax liability so not sure if flipping is an option but we're open to both flipping and rentals. Pueblo seems to be a great market for rentals.

We're trying not to get "distracted by all the shiny objects" but keeping options open. This has been an amazing resource and we give thanks to Josh, Brandon and everyone that takes their time to be part of this community.  Probably TMI but Mike and I look forward to interacting and contributing.

All the best...