All Forum Posts by: Tony Pietras

Thank you

Kristen,

I'm doing the exact opposite and am curious why you are looking at more expensive areas? My wife and I live in Denver and own a rental in Brighton. We are currently buying a 4plex in Cheyenne because we had a hard tine making our area work. We also are looking at Laramie for our next one. Just curious the thought process as it may help me in my own investing.

I have a quick question. We are closing on a occupied 4 unit on Nov 1. The rent is due by Nov 1st. How do I receive those rents? Do I have the current owner send them over, or can I contact the tennants before closing and have them send myself the rent money? Thanks for the help!

Thanks all! We decided to keep it local and find another single family around Thornton/ Brighton. Trying to stay patient and find the right deal is getting harder and harder. Thanks for the advice!

My wife and I have listened to about half of the podcasts and love the advice. We have 25k cash and 35k I took a HELOC to have enough for a down payment. We are trying to decide if we should get another single family in northern Colorado, or buy a vacation VRBO in a ski town or Estes Park. Price range 300-400k. Does anyone currently have both and which property is doing better? Side note is that I have 1 current rental that is paid off. Our original plan was to get a cash out refinance and buy a 4plex. Those are really hard to find and over priced but we could hold off and wait for the market to come down on those.