hey @David O'SullivanWelcome to the BP family.

The delta between purchase price and ARV was the most appealing.

It's not just about the numbers – it's about creating win-win scenarios where both parties can sleep well at night.3 principles I've learned after 4 years in real estate investing:1) Transparency builds trust. 

Back to today: I got off the phone with my agent, where I communicated how I wanted to present my offer (in summary: if the seller rejects my original offer, I hope they'll make a counteroffer, but if I decline that counteroffer, I will move on to make an offer on the next property of the few I am interested in the market - this is to avoid a back-and-forth and the property had been listed for a year with a 25% price cut in that time).

If they have stopped paying rent for a BS reason, you ask the court for the tenant to deposit the rent with the court while awaiting trial.

I am also a local investor in Denver and I would highly suggest attending some in-person networking events my favorite in the metro area is Rocky Mountain Women Invest, it's once a month, free to attend and the next meeting is this week on 10/1! 

I am a big believer in making passive income and had real estate on the back of my mind, however like everyone else I was not sure how to get started.

It's the easiest way to try being a landlord without dealing with tricky renovation projects.

The flood insurance will cover limited, structure may or may not the contents.

When I purchased the house, the second unit was already occupied, and I decided to keep the tenant.The tenant has been living there for the past 3 years and had not missed a rent payment until a few months ago.