It's going to push down your value to them as a birddog and you will lose any leverage you have for your fees if you co wholesale a property.

I justify the cost, by chalking it up to just the cost of being able to go on vacation any time we want, go any where we want, and enjoy the beautiful outdoors here in Colorado!

Hello bigger pocket members,I found a great deal in Denver Colorado but I am looking for some assistance in raising capital.

I'm in Colorado Springs and this particular flood plane is nowhere near a burn scar or anything to make me think flooding will be bad and I'm not even sure why this flood plane is there.So my question is this, do you think landscaping measures can eliminate my need to insure for the severe flood plane and allow me to insure for the lesser of the two evils?

I've heard co-sponsors are the way to go and bird dogging for the newbie.

Ask if their co. would be interested in creating permit drawings for your desired conversion.

I traveled quite a bit before joining living in NH, CO, LA, and FL and have been stationed in Sitka, AK, Fort Myers, FL, and Norfolk, VA.  

I do not touch any of my profits from my properties ( unless they get up to a steady amount, usually 10K for me) this way that money is there for a new roof, furnace, hot water heater, whatever may come up. i just purchased a place and the first thing i did was have the roof replaced, 15K later, i know i am good for at least 25 years, if a storm does not rip it off, but now i know that property better have at least 15K in reserves. take what will be your worst case repair and make sure you have enough, or close to enough, in reserves for that property. but as others have stated, constant inspection of properties and equipment will help you prolong any of that, have an HVAC co. check the systems or a plumber check and maintain the furnace either every year or every other year, check roof for missing shingles or exterior for rotted boards, keeping the water out will maintain the structure within, exterior maintenance is a must.

Newbie here and my first property is in Longmont, CO which we purchased 1.5 years ago.

We utilize appraisals and co-star to pull this data, but I'd bet some local commercial brokers could help you out.