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27 December 2022 | 8 replies
.), and when asked why they bought the property, 90% of the time, they say they're an inexperienced OOS investor who bought the property without visiting the area or the property, and it turned out to be a lipsticked pig in a D neighborhood...they trusted the data (the "incredible" cashflow data of D neighborhoods), they trusted the pictures of new finishes (and fell victim to shiny object syndrome), and they trusted someone else's (agent, PM, turnkey co, etc.) opinion that the property was a "deal", but they didn't take the personal responsibility of checking out the city and the property for themselves.
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2 October 2019 | 17 replies
@Aaron Gordy - You're the 2nd person to suggest an expediting co.
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28 December 2022 | 4 replies
We get 20-30 real estate investors to come in the Colorado Springs area.
18 July 2022 | 2 replies
my facilities are tied to prime.. with a floor of 5% we have been at 5% for years and years and now we are getting a small bump so at this point no effect on our bottom line or if there is its tiny. this is true construction money.. it will be an issue if we have to carry inventory for any period of time.. and right now thats not happening.. still selling everything before CO but we are not high volume we product 3 to 4 homes a month so its not like we need 10 to 20 a month to make it all work for us.
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4 July 2018 | 11 replies
Potential problem with co-owners?
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17 August 2020 | 11 replies
I'm thinking SFH is probably the better way to go.....buy a 4bed 3bath house in non-HOA neighborhood, live in one bedroom and rent the others to your friends, family, co-workers, schoolmates.
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31 December 2022 | 9 replies
EVICT, and hire a PM co, why deal with any of this
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1 February 2018 | 41 replies
Thanks for the thread, @Weston HardingOur goals are to:- Increase our RE transactions by 50%- Partner with past clients (you know who you are) to acquire a property to operate as a furnished traveling nurse rental- Acquire an Airbnb investment property in Colorado Springs- Deliver a talk at a conference or community forum on Airbnb investments/STR laws@Jeremy W.
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2 January 2023 | 8 replies
We are seeing a lot of new construction in Colorado that is less than 5 years old that is having foundation issues.
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4 January 2017 | 17 replies
They (PW) are a Realpages co. so have a big co. behind them.