Christopher Hartman
Raising Capital For Down Payments
Hello,
long time follower/reader and first time post'er. My wife and I are diving into the real estate game and currently own two single family homes that were financed with VA loans (we are both military). We want t...
Chris England
New real estate agent seeking advice.
I just passed my licensing exam last weekend and I’m trying to decided on which company to work under. I’m having a hard time deciding between a larger company (Real Estate One) or a smaller company (Weichert Realty)....
Tariq Hakeem
Lumber Prices Hit All-Time High
High lumber prices are driving up the price of new build homes.Lumber futures hit $1,260 per thousand board feet on the Chicago Mercantile Exchange. If that sounds like a lot, well, it is—an all-time high.
Lumber pri...
Jose M.
10% Capex 10% Repairs 5% Vacancies MAXED OUT?
Hello Humans,
New investor here. I understand that it is good idea to save 10/10/5 percent on capex repairs and vacancies, but at what point do you stop saving (or do you)? In a couple years, it is possible to save $...
Frank R.
What to look for in a townhome/condo house hack (Denver)
Hey BP,
I'm interested in acquiring my next property and would like my next deal to be a house hack instead of another OOS rental property. I'm currently in Boulder, CO but would like to buy a townhome/condo in the w...
BJ Grove
Determining Market Rent
Hey, I'm working on underwriting. My biggest hangup is figuring out the market rents. What do yall use or how do you figure the numbers? I have been just looking up going rates in the area, but theres such a discrepan...
Ryan Thomson
Colorado Springs January Stats
Colorado Springs
median home price has fallen from $495,000 in June 2022 to $450,000 in January
2023. This is a 9.09 % decline. Some of this may be seasonal. The median sales
price has increased 0.9% from December ...
Peter Grote
Fire Extinguishers
I am a new landlord and my tenants asked if the home had a fire extinguisher, which it does not. I've read that providing one could be a liability if it didn't work. Not having one in the home also seems to be a liabi...
Dana Vijum
Portfolio loan vs. Hard $
I need some advice from those of you who Buy and Hold properties. I have 2 offers on houses and need some advice how to proceed. I have the 20% down and would need to finance the rest.I am preapproved for a portfoli...
Michael Mason
What are most important terms to include in your lease?
Hi All,New rental property owner here. I'm curious what you all think are the most important terms to include in your lease? What non-standard terms have reduced your risk, hassle, and property maintenance issues th...