I have a storage facility that my husband and I likely are going to be purchasing. The owners are my husband's grandparents and they are willing to work with us to make a deal that makes sense for everyone.This is the...

How does a mortgage on a investment property effect the likelihood of acquiring an additional mortgage for a primary residence. 

The difference in your bank account balance between paying a property manager 11.67% (10% of gross rents plus 20% lease fee) and managing the property yourself when buying one 20% down rental property (in Northern Colorado) over 40 years is:If you invest the difference in the stock market and could get 8%, the difference becomes:If you're saving for a second purchase, it delays when you can buy that second property which further compounds the effect of property management fees on your overall net worth.And doing the full Nomad investing model, it is pretty significant differences.I am going to write a whole book about the impact on various investing scenarios.

What has been the most effective marketing strategy for you? 

By assessed value... to address your question about whether mailings work for high income or high value areas.

Restoring, resealing and leaving the existing could be cost effective and make them look brand new.

We have a fabulous maintenance staff and any issues will be addressed promptly.

What's the address?

There is nothing wrong with the property as any defects were already addressed by the HOA.Thank you in advance for all your feedback.

I interview a lot of investors during our wholesaling and hard money adventures and see some really common issues I am going to try and address in this diary.