All Forum Posts by: Tom Woolrich

Good stuff, thank you. I think that may be the conundrum I'm facing in marketing the property. The prep costs would be relatively minimal, and as for financing, I would think a lot of investors would just pay cash, or finance at like 50% down. A price point under 200 is normally super attractive. Trouble is, the cap is around 3% as rents in the area are low, so unless one has a good sized portfolio of these kinds of properties already generating revenue, one might be concerned that the ROI may not be enough to make it sustainable. Equity growth wouldn't be the problem if data is to be believed, so if someone were patient, it could be a great investment.

Hi all: I'm new here and not familiar with the etiquette, so I don't know if this is allowed, but I wanted to share this with everyone. If you're at all familiar with the eastern Colorado market, I'd love your feedback. It needs a quick interior and full exterior paint but is ready to go otherwise. Does this seem like a reasonable investment?

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