I would like to join your session in Feb.

Im curious to hear what others have experienced to be more successful in terms of initiating contact on distressed property owners.

@Lisa Session

I have seen the best initial returns for newer investors on more turnkey multis so they don't get stuck with maintenance and repairs right away.

Your contractor may not have a good history with BofA. he may not be disclosing that part to you, which would likely impact the long holdsThis was an initial thought - what am I missing? 

Background context:I have a 805 credit score, low DTI and attempting to secure the lowest cash out refi to pay off a debt ($50k). My broker is saying the broker fee is a standard $3000 amount bc the amount requested i...

My initial thoughts are to hire a cold caller, providing them with lists and scripts to qualify sellers.

In order to non-renew a lease agreement, the housing providers must have a legally allowable cause AND legally inform the tenant that they are initiating a no-fault eviction on the tenant.This is a major change in Colorado contract law as housing providers may only non-renew (or no-fault evict) a tenant for one of the below reasons as outlined in the new law.Legally allowable reasons to non-renew a lease agreement (no-fault evict):= Demolish the property= Convert to non-residential use= Convert to short term rental= Owner moving into propertyIf the owner IS moving back into the property there are additional specific requirements – including timeline requirements to ensure the property may not be re-listed for rent for a specific amount of time.= Owner selling the property= Substantial lease violations= History of non-payment of rentThe history of non-payment of rent is conditional and specific as to the details and timeline of non-payment.

Initially, I was hoping to find a property I could BRRRR but have found very few properties where the numbers make since.

For many getting their initial investment out is the winning strategy.