All Forum Posts by: Jayson Ewert

100% recommend PriceLabs. It absolutely helps me earn more every month and pays for itself. I also like the hands-off approach and the impressive data that the software provides.

Agree with Cole. Credit card companies make it very easy. AMEX sends me a message if my score has increased or decreased and will explain why. Unlimited reports and it doesn't cost anything.

Hello Colorado Springs investors! Any of you either own apartment buildings or know someone who does in our area? Looking to make the transition from small multifamily to medium (~8-40 units) and want to connect with someone who's done it before.

Love the breakdown. I've been thinking about this as well. It seems VA assumptions are priced higher, and I definitely can see why. I'd rather buy a 650K home that I can assume at 3% VS a 500K home at 7.5%.

Unfortunately, there's not many that would be willing to carry a second note like your scenario. Most barely have enough for a standard down payment so an additional 100K gap is often a deal breaker.

Sweet! Looking forward to listening. I love seeing investors make things work even with 6%+ rates.

I once had a Major nearly threaten me by saying "you know your commander has to approve secondary employment/income, right?". At that point none of my bosses really new about it but it wasn't affecting my workplace performance in any way. 

Nice! that's a cool area. For the state as a whole, property taxes are very low (3rd cheapest state according to rocket mortgage), but home insurance is high, likely because of the fire & hail risk.

Colorado leans towards being tenant friendly, but certainly nowhere near as bad as Oregon, Washington, NY, Cali etc.

I don't know any groups or meetups on that side of the state, but I'm in the following Facebook groups: 

"CAREI Colorado Association of Real Estate Investors"

"Colorado Real Estate Investors Association (REIA)", and

"Colorado Real Estate Investor Network"

Agree with Kerry. Networking is huge. Read and listen to as many books as you can to soak up information.

On the financing side (I'm not a lender), make sure you don't make any large purchases, don't finance a new car, and continue to pay your credit card early and on time to ensure you credit score doesn't dip before you apply for financing.

I have a few properties in Washington state, a VERY tenant friendly state. I had zero issues during COVID. I can attribute this to a little luck but mostly the importance of finding the right tenants that respect you and the property. Responding to maintenance issues and being a reasonable owner seems to go a long way. But WHEN things go south, you have to be firm and consistent.