Devin Arrigo
Filling in the Gaps: 1st Deal Tips
13 March 2018 | 3 replies
Hey there- we help clients get into investment properties in Denver and Colorado Springs, and would say the main thing is to be very clear on what your most important metric is (cash on cash, cash flow, cap rate, etc.) because we often see people look at multiple metrics, which can make it very hard to make a decision.
Colin Dunne
Getiing started buying first rental property
14 March 2018 | 5 replies
I know because I run investment properties for clients in Denver and Colorado Springs, and these are items to consider.
Cody Evans
Social Media Presence VS. Website Presence.
29 March 2018 | 19 replies
It means that not only is it rare, it’s unique and genuine.
Elvis Vasquez
Building a simple single family home in Miami (advice)
14 March 2018 | 9 replies
@Elvis Vasquez Yes City of North Miami is a smaller municipality and the building department can be complicated from my experience working with them and past clients also trying to get projects completed.
Erin Spradlin
Best Practices for Buying in a Hot Market (like Denver/Colo Spgs)
13 March 2018 | 0 replies
As Denver has just been rated the hardest place for a first time home buyer, I've started a list of things that I think help our clients, but am interested in what other BP agents and people have to add to help make it easier for first time home buyers.Write a strong offer letter that's personalized to the place and makes you seem like someone the seller wants to help outIf you know the owner still lives in the place, consider mailing your letter so that it stands out from emailMake your offer as close to cash as possible - this is possible if you go further into the lending process than just getting pre-qualifiedConsider a market that's still appealing, but less expensive and up and coming (aka, talking to you Colorado Springs)Go with a local lender- local lenders return phone calls, work off hours and know contacts in the area- they can make the seller's life (and their agent's life) much easierBe as flexible as possible with your time.
Erik Sherburne
How leveraged are you?
19 March 2018 | 87 replies
@Frankie Woods I used to work at one of the Big Banks and I had several clients that had HELOCs that were outright frozen, or had their limit lowered from say $160k to $12k overnight.
Troy Schwamberger
Debt to rental income ratio?
20 March 2018 | 15 replies
I once had a client who was a home maker with a part time job making $18K per year that we found a SFR with a tenant in place to work for her purchase.
Brett G.
New Member for Colorado
14 March 2018 | 9 replies
I'm a real estate agent that works with clients in Denver metro (where I live) and Colorado Springs metro (where I grew up and my family still resides.)
Robert Lafrance
Assignment of Contract and Terms - Buyer Pays Closing Costs
13 March 2018 | 2 replies
One of my investor client's I'm representing is learning the hard way that the 70% MAO rule is not applicable in my market.
Stephen Spradley
Tips for a soon to be agent
14 March 2018 | 3 replies
Most of an agent's business comes from referrals and what better/easier way to start your career than to have someone who already knows/trusts you as a client?