All Forum Posts by: Nick Schlag

Hey Ryan, I would love to take a look at your lease as well, if you're open to it!

 @James Carlson Can I reach out to you directly for your real estate friends' contact? Just bought a house in Denver for a house hack and trying to figure out leases.

@Sam Hatch I am in the same boat as you. Thinking though that decreasing monthly housing expense is the biggest benefit (where I live in Socal, im paying $1900/ mo in rent), so figure if I could get my payment down to $1,000 or less, that is the same as finding an investment that cashflows $900/mo. I'm looking in Denver and Austin, if anyone has market specific tips for those areas!

Very interesting Kelly.  When was the $1.85 sale? 

Thanks @Tim Herman.  So you dont do % of income if you are analyzing a property? Just in the stages of analyzing deals.

Do you use % of potential gross income, or effective gross income?

Being out in Hawaii where land is finite and building is heavily restricted, STR's were highly regulated from the beginning, and continue to get more restrictive. It wouldn't surprise me to see more of this in other metros as well, as local governments get pushback for affordable housing from constituents that feel like they are being priced out.