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21 February 2025 | 2 replies
I recommend you go to the source and educate yourself on all the landlord-tenant laws, particularly in an increasingly regulated state like Colorado.Here's a good starting point: https://doh.colorado.gov/landlord-rights-and-responsibilitie...
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18 February 2025 | 4 replies
Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes.
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15 February 2025 | 0 replies
Is it worth paying their annual subscription fees and do their 30-day rent guarantee mean anything if they aren't refunding the payment?
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19 February 2025 | 6 replies
It feels really unethical.Your comment: "I got a call from my attorney"I'm curious, since you have legal representation that you are presumably paying for, why are you asking people you don't know, who aren't there, haven't seen the paperwork, don't know the local laws or the situation, instead of asking your attorney?
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13 February 2025 | 4 replies
You aren't necessarily building that much equity (cost of building exceeds the value) but it is a third option that is a hybrid.Another factor is location.
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16 February 2025 | 3 replies
How do you start finding motivated sellers and cash investors in New York if you aren't allowed to cold call anymore?
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9 February 2025 | 5 replies
Considering the change as the STR numbers just aren't working, especially with the associated expenses and turnover frequency.
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17 February 2025 | 8 replies
I assume many people here do their own cleaning when they got started so maybe it’s well known by people who aren’t me?
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14 February 2025 | 2 replies
I'm not super educated on the options.
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19 February 2025 | 29 replies
The entirety of these cities aren't just comprised of cheap run down properties.