All Forum Posts by: Ryan B.
Ryan B. has started 3 posts and replied 8 times.
Post: Need an agent

- Rental Property Investor
- Broomfield, CO
- Posts 8
- Votes 1
thank you for your guidance on this issue! It is helpful to hear the wisdom of those with experience.
Post: Need an agent

- Rental Property Investor
- Broomfield, CO
- Posts 8
- Votes 1
What I understand the benefits to be are:
1. Up front option payment
2. Slightly greater monthly payments, of which a portion can be credited to the buyer as a down payment
3. Tenant takes on more responsibility with maintenance and upkeep of the home
4. Lock in a pre-determined and agreed upon purchase price.
5. Profits are then rolled into another property and the process repeated.
Again, if this is to good to be true or I am overlooking obstacles that would be obvious to an experienced investor, I would welcome any thoughts/comments.
Post: Need an agent

- Rental Property Investor
- Broomfield, CO
- Posts 8
- Votes 1
I read a book on lease option strategies by an author named Kris Krohn. He posits a convincing argument for lease option financing that has benefits for both the seller and the tenant/buyer. I am aware that there can be a negative perception to lease option financing, but Krohn seems to refute those arguments. This is purely theoretical to me right now as I have yet to purchase an investment property so I would welcome any and all comments or insights about this method of investing. Thank you for your help
Post: Need an agent

- Rental Property Investor
- Broomfield, CO
- Posts 8
- Votes 1
A lease option for the tenant. I only included that piece of information in the event a certain realtor might have experience with those types of transactions and might be able to give guidance or refer me to a trusted CPA and/our attorney. Thank you for your response
Post: Need an agent

- Rental Property Investor
- Broomfield, CO
- Posts 8
- Votes 1
I am in need of an agent. I am pre-qualified and will be purchasing an investment property (single family home) in the Denver metro area, CO Springs or Pueblo. My focus will be renting with a lease option to purchase. Thank you
Post: Referral for a tax advisor/preparer

- Rental Property Investor
- Broomfield, CO
- Posts 8
- Votes 1
Thank you! I will give them a call.
Post: Referral for a tax advisor/preparer

- Rental Property Investor
- Broomfield, CO
- Posts 8
- Votes 1
I need guidance with setting up my business for tax purposes and asset protection. I live in Broomfield and was wondering if anyone has a good reference. Thank you
Post: newbie-Broomfield, Colorado

- Rental Property Investor
- Broomfield, CO
- Posts 8
- Votes 1
Greetings,
My name is Ryan Burns and as the subject title says, I am a newbie to real estate investing. My brother got me plugged into Bigger Pockets as he has been researching RE investments for the past year. I have no experience as an investor so I am endeavoring to educate myself. The plan is to establish a RE investment business with my brother and to focus on the wholesaling aspect at the beginning and then branch out into rentals and rehabs, although nothing goes quite as planned.