All Forum Posts by: Tyrell Anderson

Sure thing! I will pm you

@Ryan Sanders we manage our SFR ourselves and also lease out SFR for other owners, 19 currently. We have found that to be our sweet spot and have preferred areas of town that we like to stick to, which is a pretty vast area for the Springs. Pretty much looking for a home that will attract a good tenant that will move in and take care of the place and stay for a very long time. For multifamily or the less desired areas we do work with a property management company. Our goal is to make the money as passive as possible without giving money away for very easy properties/tenants.

Wish you the best of luck and let me know if you ever want to grab a cup of coffee!

Hi @Derek Scruggs,

I have @Austin Pollock list all my properties for sale and I will reach out to him to have him DM you on here to get with you about your rehab.

Congrats on the purchase!

@Mitzmichael Sumilang Yes I will send you over that information right now.

@Jon Pacitto Absolutely! I will PM you the details.

Living in the home first can give you a great opportunity to get a good return on your investment as there are possibilities of using grant programs to allow you to get into the home for no money. So in that case you would be able to create cash flow on a property from an investment that cost nothing up front. Some of these grants give up to 4.5% of the purchase price making it possible to put the extra towards principal reduction and also negotiate some repairs from the seller. The grant does increase interest rate, but might not be a big factor depending on the purchase and the goal.

The rental market and sales market both are very tight and on the rise in The Springs. It will be interesting to see what is going to happen in the immediate future and how well the builders will be able to keep up with demand.

Best of luck and congrats on the move to this amazing part of the country!

Welcome to BP Becky! What are you currently doing to find the great deal? If you are interested in discussing your options for finding a rental in the Colorado Springs area my team and I would love to help. If you are already in pursuit then congrats and we will keep you in mind if we come across anything promising!

Best of luck in this next season!

Hi Scott,

Sounds like a great plan and I wish you the best of luck. I have worked with Walter Williams as my agent and he is very knowledgeable. I will pm you his information. He owns rentals himself, including multifamily, and even has a team that does property management. He would be a wealth of knowledge.

Best of luck and let me know if there is anything that I can ever do to help.

@Keith Robinson  I would like to be added to that list as well. Best of luck in growing your business!

Hello Lisa,

I would highly recommend Walter Williams and I will PM you his information. He owns, manages and helps many people buy multifamily and seems to be fourplexes more often than not. I prefer single family but he has talked me and my partner into buying one along with looking into getting another.

Best regards,

Tyrell