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13 October 2012 | 23 replies
I didn't even think to mention, I have a two bedroom rental and it is my best cash flowing rental (although not just because it is a two bedroom).I was three bedrooms and they took one out to put in an elevator!
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9 April 2014 | 7 replies
Typically, they are 25 minutes from downtown Golden, and are at higher elevations which are in a more rural environment and sometimes have dirt roads.
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28 May 2017 | 8 replies
Exit strategy being that I get rents elevated and refinance 2-3 years down the line.Thank you everyone once again!
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18 July 2020 | 30 replies
My friend is a union elevator mechanic making $100+/hour.
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2 February 2017 | 20 replies
Are you still purchasing aggressively or have the financials stopped working with these elevated prices?
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17 April 2017 | 9 replies
If a line of credit would work, I would try key bank, elevations credit union and FirstBank in that order.
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12 December 2020 | 35 replies
In general, many of the elevations there are not much higher than Lancassange Creek.
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6 July 2020 | 19 replies
(It is a waterfront home so I had to tear down and elevate due to fema regs)We owe $182k on the original property and when complete will conservatively appraise at $700k... ($750k if market holds)Our plan was to get the house to CO, then HELOC to finish the other guest bathroom, Trim, do backsplashes and other “unnecessary” finishes.Due to covid my banker told me things have tightened up so they won’t loan on a house that’s not 100% complete.Looks like my only option now is utilize hard money to Finish the house to 100% completion.
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18 February 2020 | 35 replies
As many others have noted, SFH in Katy can be rather difficult to cash flow with due to the high (and continually elevating) purchase prices (though, of course, such appreciation is a great thing once you own!).
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2 October 2023 | 7 replies
Work on your elevator pitch and don't come across as salesy.