How to House Hack in Colorado Springs
Thursday, November 02
House hacking isn't just a fad, it's a smart way to live for free while you get the perks of owning real estate. If you're in Colorado Springs and you want to save on rent and make some money on the side, here are some great strategies. Things to Consider If Colorado Springs is where you're look...
Real Estate Investing:Why Cost Averaging Outperforms Timing the Market
Tuesday, October 03
When it comes to House Hacking and real estate investing, many people find themselves entangled in a web of misconceptions and contradictory advice. The alluring prospect of timing the market and concerns about high-interest rates can leave aspiring investors on the sidelines; often the worst pla...
Step by Step on how to get PMI removed
Monday, September 11
If you have owned your home since 2020 there is a great chance your home has appreciated enough in value to get your monthly PMI payment removed. This will easily save you 2-5k/year. Getting rid of Private Mortgage Insurance (PMI) can be a financial game-changer for many homeowners. PMI is insur...
Why it's Crazy to Wait for Better Interest Rates
Wednesday, August 30
"Should I just wait until interest rates are lower?" I get this question all the time with my house hacker clients in Colorado Springs. Waiting is a common mistake. Waiting for rates to come down is a foolish game. It's often used as an excuse to stay in one's comfort zone. Here are some helpful ...
How to Negotiate and Use Seller Concessions
Thursday, August 24
Concessions are a great way to make buying a home less expensive. There are a couple of ways you can use concessions and a couple of ways to get the seller to offer them. Here is an overview of concessions. If you are able to negotiate concessions for the purchase of your house hack, here are th...
The Art of Tenant Management
Wednesday, August 09
When it comes to managing tenants, the dynamics can sometimes be complex, especially when you're living with friends. In Colorado Springs, I have house hacked several homes with over 20 different tenants/friends. Navigating house rules, rent payments, and other responsibilities while maintaining ...