All Forum Posts by: Brian Bohrer

Hey @Francisco Javier Villanueva,

Glad to see you looking for events to get out and meet the people who are active in your area!  If you are looking for a more laid back and roundtable type discussion of all things real estate, you are more than welcome to join us every Tuesday morning on Zoom or Thursday morning at Kairos Coffee where we discuss everything from assumable loans, to creative buying strategies, to landlord tenant laws and pretty much everything in between!  Check out the following meetup.com link to learn more!  Good luck out there and I hope to see you soon!

https://www.meetup.com/colorado-springs-real-estate-investin...

Calling all Real Estate Junkies!

Are you looking to find success in today's real estate market but not sure where to start? Or are you an experienced investor looking for other like minded people to share and learn new strategies for success? Look no further!

Grab a coffee, take a seat, and join in the conversation with a friendly group of local real estate entrepreneurs! There is no sales pitch, no presentation, just some local like-minded folks who want to help other find success! From creative real estate strategies to property management legislation to insurance to buy/hold strategies and everything in between, you never know where the conversation will go from week to week!

Please RSVP to the event if you plan to attend to encourage others to join us. ;) 

Hope to see you there!

Meetup.com Event Link

About the Host:
Brian Bohrer is a licensed Colorado Realtor who is passionate about real estate education and specializes in working with investors. He owns and manages several rental properties in Colorado Springs with the goal to acquire enough properties to find financial independence. He and his wife are currently Implementing the Nomad strategy of buying a primary residence every 12 - 18 months with a goal of reaching a total of 10 by 2035. Brian is a life-long learner and is always willing to share his knowledge and experiences with anyone who is looking for guidance or advice.

Calling all Real Estate Junkies!

Are you looking to find success in today's real estate market but not sure where to start? Or are you an experienced investor looking for other like minded people to share and learn new strategies for success? Look no further!

Grab a coffee, take a seat, and join in the conversation with a friendly group of local real estate entrepreneurs! There is no sales pitch, no presentation, just some local like-minded folks who want to help other find success! From creative real estate strategies to property management legislation to insurance to buy/hold strategies and everything in between, you never know where the conversation will go from week to week!

Please RSVP to the event if you plan to attend to encourage others to join us. ;) See you there!

Meetup.com Event Link

About the Host:
Brian Bohrer is a licensed Colorado Realtor who is passionate about real estate education and specializes in working with investors. He owns and manages several rental properties in Colorado Springs with the goal to acquire enough properties to find financial independence. He and his wife are currently Implementing the Nomad strategy of buying a primary residence every 12 - 18 months with a goal of reaching a total of 10 by 2035.  Brian is a life-long learner and is always willing to share his knowledge and experiences with anyone who is looking for guidance or advice.

Got a deal, not sure if you do or what to do with it? Got questions about creative real estate? Don't know where to begin your real estate investing adventure?

Stop by and talk with Michael Jake and friends! No speakers, no presentations. Join our friendly group of real estate investors of all levels who gather weekly to discuss the condition of the local and national real estate industry and help each other find the strategies for success in today's market!

Please RSVP to the event to help encourage others to join us! ;)   

The host:
Michael Jake is a Colorado Springs home grown success story in the real estate industry. He moved to Colorado from Ohio in 1999 and purchased his first property in 2000. After working in the information Technology field, Michael quit his day job in 2004 to pursue real estate investing full time. In 2005 his wife Lori, quit her job to help Michael build a family-owned business of investing. Michael has gone on to do over 1,000 transactions, as a principal, here in Colorado and build up a rental portfolio of over 130 single family properties at one point, all from creative financing strategies! Today Michael spends a lot of time traveling with his family, investing part time and mentoring/coaching other investors to build cash flow and net worth through real estate investing.

Brian Bohrer is a licensed Colorado Realtor who is passionate about real estate education and specializes in working with investors.  He owns and manages several rental properties in Colorado Springs with the goal to acquire enough properties to find financial independence.  He and his wife are currently Implementing the Nomad strategy of buying a primary residence every 12 - 18 months with a goal of reaching a total of 10 by 2035.  Brian is a life-long learner and is always willing to share his knowledge and experiences with anyone who is looking for guidance or advice.

Got a deal, not sure if you do or what to do with it? Got questions about creative real estate? Don't know where to begin your real estate investing adventure?

Stop by and talk with Michael Jake and friends! No speakers, no presentations. Join our friendly group of real estate investors of all levels who gather weekly to discuss the condition of the local and national real estate industry and help each other find the strategies for success in today's market!

Please RSVP to the event to help encourage others to join us! ;)

https://www.meetup.com/colorado-springs-real-estate-investing-club/events/305738917/?utm_medium=referral&utm_campaign=share-btn_savedevents_share_modal&utm_source=link

About the host:
Michael Jake is a Colorado Springs home grown success story in the real estate industry. He moved to Colorado from Ohio in 1999 and purchased his first property in 2000. After working in the information Technology field, Michael quit his day job in 2004 to pursue real estate investing full time. In 2005 his wife Lori, quit her job to help Michael build a family-owned business of investing. Michael has gone on to do over 1,000 transactions, as a principal, here in Colorado and build up a rental portfolio of over 130 single family properties at one point, all from creative financing strategies! Today Michael spends a lot of time traveling with his family, investing part time and mentoring/coaching other investors to build cash flow and net worth through real estate investing.

Calling all Real Estate Junkies!

Are you looking to find success in today's real estate market but not sure where to start? Or are you an experienced investor looking for other like minded people to share and learn new strategies for success? Look no further!

Grab a coffee, take a seat, and join in the conversation with a friendly group of local real estate entrepreneurs! There is no sales pitch, no presentation, just some local like-minded folks who want to help other find success! From property management legislation to insurance to buy/hold strategies and everything in between, you never know where the conversation will go from week to week!

Please RSVP to the event if you plan to attend to encourage others to join us. ;) 

See you there!

Happy to help Eli! If you ever need a second opinion of ARV's in The Springs, I work with many investors and could give you an honest opinion of values in the area. Best of luck!

Hey @Eli Edwards,

In my limited experience New Western, and any other larger company who is geared towards wholesaling properties, generally doesn't leave much on the bone for the end buyer. You are definitely taking all the risk when buying from these sellers, especially if you only rely on the inflated ARV's etc that they provide. My advice is to always always always do your own due diligence and be sure to check it 3 times!

If I was to solicit for wholesale deals, I would suggest, as above, to network at any and all real estate investment meetups in your area as you can!  You will truly only get out what you put into finding these types of deals.  Also, call any and all "We Buy Houses" bandit signs you see as these are the active wholesalers in your market and will gladly share their lists with you as a buyer.

I wish you the best of luck!  

Hey @Sara Valentine,

It sounds like this is a common problem with many other STR and MTR operators locally and across the country. I have heard many times (from managers much smarter than me) that if you aren't getting as many eyes on your listing as you want, then you must lower the price!

Full disclosure, I only deal in LTR at the moment, but I know when I am not getting the quality applicants or volume that I want, I will lower the price by $50 to $100 per week to spur more applications.  The PM vets I know will all confirm that you lose much less by lowering your rate of (monthly) rent than by missing an entire month of income!  I know you are dealing with a 3 month lease rather than a 12 month lease, but for example....

Say I rent my home for $2,500 per month and have to lower my rate by $100 to find a quality tenant that is a loss of $1,200 over 12 months compared to a loss of $2,500 for each month it remains empty.  Even if I have to lower the rate by $200 to find the right tenant, I am still ahead of the game by a C-note by year's end.

Just my 2 cents, I hope you have already found a tenant for your home by the time this post drops!  

I wish you the best! :)

Hey @Ben Tharpe,

I am sorry I didn't see you message and have not responded in a more efficient manner.  We hope to have our next meetup on February 11th.  I will keep you posted when this is scheduled. I do also co-host a creative Real Estate Zoom meeting every Tuesday at 8:30 and an in-person meetup every Thursday at 8:30 here at Kairos Coffee!  If you are looking to learn from like-minded investors who are implementing several investment strategies, then I strongly encourage you to attend!  We never have an agenda or try and sell you on a seminar or anything like that.  Just a bunch of Real Estate Junkies sharing knowledge and stories about investing in Colorado Springs!  Hope to see you at one of the meetings! 

We can be found on Meetup dot com under the "Colorado Springs Real Estate Investing Club" group.  

Make it a great one!