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All Forum Posts by: Rocky DeFalco

Rocky DeFalco has started 4 posts and replied 10 times.

Post: Agents in the Anna Maria island area

Rocky DeFalcoPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 12
  • Votes 2

My Wife and I will be in the Ana Maria Island Florida area August 20 through the 27th. I’m looking to buy a potential short term rental. Would love Agent recommendations to tour options while we are down there. Any recommendations would be appreciated!

Thank you in advance!

Post: Real Estate Tax professional recommendations in Denver

Rocky DeFalcoPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 12
  • Votes 2

Its that time of year and I acquired my first two duplexes in 2020. Does anyone have a good tax professional they recommend in the Denver area?

Post: Low Limit Indianapolis Lender Recomendations?

Rocky DeFalcoPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 12
  • Votes 2

@Simon Stahl Thanks for the recommendation! I will speak with Matt.

Post: Low Limit Indianapolis Lender Recomendations?

Rocky DeFalcoPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 12
  • Votes 2

Zak,  I am still looking for one that will do under $50,000. If I find one I will certainly let you know I have a call scheduled today with one my Agent recommended. I will keep you posted.

Post: Low Limit Indianapolis Lender Recomendations?

Rocky DeFalcoPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 12
  • Votes 2

@Charles Paddock

Normally I would do that but the loan Has to be $50,000 or more. In this case the loan is only $40,000.

Any other ideas?

Post: Low Limit Indianapolis Lender Recomendations?

Rocky DeFalcoPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 12
  • Votes 2

Hoping to get some Lenders that are willing to Lend on a small loan amount. I have my eye on a SFR listed at $49000 that is rent ready. I was just notified by my usual lender that due to Covid they have adjusted their minimum loan amount to $50,000. Anyone have any recommendations for lender that could make this happen? I am trying to avoid using cash on this property.

Thank you in advance!

Post: Pros vs. Cons of Section 8 in Indianapolis?

Rocky DeFalcoPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 12
  • Votes 2

@Adam Sankowski thank you for taking the time to respond. I appreciate the input and think I will move forward with Section . Thanks again!

Post: Pros vs. Cons of Section 8 in Indianapolis?

Rocky DeFalcoPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 12
  • Votes 2

Ron, Thank you for the input. i like the car check thats something quick and easy to see as a indicator of how they maintain their lives/ belongings. 

Post: Pros vs. Cons of Section 8 in Indianapolis?

Rocky DeFalcoPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 12
  • Votes 2

Ryan, Thank you for your input. I was leaning towards allowing section 8. Your input has put confidence in that decision. That was the biggest benefit that came up time and again was the amount of time that they stay in the property reducing turnover. Thank you again.

Post: Pros vs. Cons of Section 8 in Indianapolis?

Rocky DeFalcoPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 12
  • Votes 2

Good morning! My Property manager reached out to me asking if I would be willing to lease to Section 8 tenants in one half of my duplex. I have zero experience with section 8 tenants and have done as much research as possible to make my decision. just wanted to see what opinions you all may have or hear about your experience with section 8 tenants.

Thank you in advance for your input!