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All Forum Posts by: Robert Bourne

Robert Bourne has started 1 posts and replied 3 times.

Buying & Selling Real Estate

Post: First Time House Hacker - Buy A Short Sale?

Robert BournePosted
  • Investor
  • Fountain, CO
  • Posts 3
  • Votes 1

If there are tenants, you will have to honor the lease. Get a copy of that lease and make sure you want to live with those terms. The tenants also probably have a security deposit that you will be on the hook for when they move out. 

FWIW, I bought a short sale here in Colorado and it closed in the typical 45 days.

0 Votes
New Member Introductions

Post: Getting started in Colorado Springs

Robert BournePosted
  • Investor
  • Fountain, CO
  • Posts 3
  • Votes 1
Originally posted by :

<snip> is there anything you could use help with? What do you need to continue adding to your portfolio?

<snip>

At this point, I am just here to read and learn. 

RB

0 Votes
New Member Introductions

Post: Getting started in Colorado Springs

Robert BournePosted
  • Investor
  • Fountain, CO
  • Posts 3
  • Votes 1

Hi everyone,

My name is Robert and I'm a long time tech guy, but took a bit of a career diversion a few years ago by moving here to the Colorado Springs area and getting a real estate license. I bought a HUD foreclosure house (which we live in) and a short sale house (which we rent out) while I worked as a realtor. Both homes are in Fountain, very close to Fort Carson.

Turns out I really didn't care for the realtor job, so I suspended my license and am going back to tech, but I want to continue to add to my real estate portfolio.

1 Vote