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14 December 2024 | 0 replies
.• How to think creatively about building wealth.Once at the property, the kids explored, asked questions, and saw firsthand how opportunities are created through smart investing.Involving children in real estate teaches them:• Financial literacy in a hands-on way.• Entrepreneurial thinking and problem-solving skills.• The confidence to believe they can achieve financial independence.It’s amazing how small moments like these can inspire the next generation to think bigger and dream bolder.How are you involving your family in your real estate journey?
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14 December 2024 | 6 replies
Creative Financing for Your First Investment PropertyIf your goal is to acquire your first investment property, consider these options:House Hacking: Purchase a 2-4 unit property with a low down payment (e.g., FHA at 3.5% or conventional at 5%).
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16 December 2024 | 14 replies
El Dorado County prohibited this, though it seems there are "creative" ways to work within their framework.
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15 December 2024 | 5 replies
Demand for February/March move-ins should see a notable uptick sometime in January, but you'll for sure see your strongest rental demand in late spring/summer.Your most recent post mentioned that you were going to look for someone for a 6-month lease - I think this is a great way to approach it to minimize vacancy loss while biding your time until we get into the higher demand summer months.Getting creative with your lease term and credits/concessions could also be a good way to solve a few potential problems in one shot.
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13 December 2024 | 4 replies
Is there any creative way to avoid/reduce capital gains tax on the sale ?
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16 December 2024 | 11 replies
If you pick a solid property in a good area with good schools, it'll appreciate - it'll be negative cash flow as a long term rental (unless you have some creative strategy or do STR/MTR) and you're less likely to have repair, tenant issues, crime etc.
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15 December 2024 | 7 replies
Denver Creative Housing, Denver Sublets, Roomies, Roommates, and so on, there are a few good ones)Also, I use Roomies as well because it is a site specific to finding roommate tenants, and there is a huge demand for it as well, so it is a great alternative to fill vacancies for houses if your owners are open to it and you price it correctly.
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19 December 2024 | 8 replies
You can do some really cool, unique, and creative designs with containers.Do seniors want to build/buy in a rural area vs city area?
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17 December 2024 | 86 replies
I always ask the question of a new investor: "Do you want to go the traditional route and pay 20% down for a property that cash flows $100 to $200 a month" which is relatively easy to do and buy 1 house and then wait a couple of years until you have enough for the next property, with rising real estate costsor "Do you want to learn how to buy multiple houses using Creative Finance that cash flow $300 - $500 a month with no limit on the number of houses you can buy" but requires learning how and taking advantage of the rising real estate values?
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17 December 2024 | 8 replies
Financing - since the upfront repair work might require additional cash out of hand, what are some creative financing ideas.