All Forum Posts by: Brock Stoker

I'm still pretty new to this stuff but one thing I made sure was being picky on the renters and making sure you have some money put back for any issues which we did run into but was small for us.

Other then that they just signed for another year in that property.

I've heard mixed reviews on Pueblo over the last couple years since I used to go down a couple times a year with one of my business ventures.

I'm in the Front Range area but wouldn't mind getting some info.

I wouldn't mind getting into another duplex in Kissimmee,FL but open to other options when the time is right.

As much as I would love a closer property that I can take care it would require finding a really good deal or something that needs some work which I would love to try. The local housing market in my opinion is too costly to get started in without help for me.

Born and raised in CO, turned our first home into a rental just over a year ago and purchased my duplex property in Kissimmee,FL this past August.

Been a fun ride with lessons learned but already looking at trying to secure a 3rd rental in the next year.

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $240,000
Cash invested: $80,000

Kissimmee,FL duplex

What made you interested in investing in this type of deal?

Hopefully to not see a full month loss of cash flow.

How did you find this deal and how did you negotiate it?

Research and using a investment realtor.

How did you finance this deal?

Bank

What was the outcome?

Buying a duplex with existing renters.

Lessons learned? Challenges?

More money down then I was expecting and do more research on property management companies.

Investment Info:

Single-family residence buy & hold investment in Evans.

Purchase price: $128,000

Our first rental.

What made you interested in investing in this type of deal?

Getting into rentals.

How did you find this deal and how did you negotiate it?

We purchased this house originally as a primary home 8 years prior to renting it.

How did you finance this deal?

FHA originally then refinanced into investment property.