All Forum Posts by: Ryan Lesley

Hey Albert, 

The deal might now have been the greatest but big congrats on the strategy pivot to wind up with 2 new properties, which I hope are doing better than this one did. Plus it looks like it really helped you figure out your new strategy of gut-and-go. 

I and my team work with investors in Denver/Fort Collins, Colorado so if you're ever looking to break into the Colorado market we got all the systems in place and would be happy to help you.

best of luck on your future investments 🤝🍀

Yea I get that, there are certainly markets with more favorable conditions out there. We focus mainly on house hackers here, where investing in Fort Collins/ Denver offsets your living expenses and gives you more of that mullah back in your pocket. So yea, if you find yourself or know someone interested in a house hack in Fort Collins/ Denver area let me know if I can help 😊

I'll be honest I'm not as knowledgeable on ARV since my main focus is on helping investors with the House Hacking strategy currently, where ARV isn't a primary concern. I would definitely post that question in the Real Estate Strategies > Rehabbing & House Flipping or BRRRR sections of the forum though, and someone there should be able to get that answered for you. 

Anytime Paulina, happy to help! 😊

Hey Maria,

Welcome to the bigger pocket forums, and congrats on getting started on your journey. 

Definitely check out the podcasts available, they are my favorite way of staying up to date on the market and other real estate going’s on. 

My recommendation would be Bigger Pockers Daily for something to quickly listen to while having your morning coffee, and the On the Market Podcast for staying current. 

Hope that’s helpful, and Best of luck on your future investing 🤝🍀

Hey Slim,

I’m not surprised you’re looking elsewhere to invest. What markets are you currently invested in? I and my team work with investors in Denver, Colorado, and if you’re interested in getting into the market here or just finding out more info feel free to send me a message. 

Best of luck with your out of state investments 🤝🍀

Hey John,

Here is a great podcast put out by On The Market about great markets to invest in this year and their suggestions are really all over the US. 

The 8 Worst and BEST Housing Markets of 2023

hope you find it useful and best of luck 🤝🍀

@Christopher Veljkovic, yea it sounds like maybe it's a requirement by the state, I did a little research out of curiosity and while I didn't really find anything specific it seemed like a typical clause like Nathan mentioned. 

Hey Simeon, 

The first thing that comes to mind is maybe seeing if you're able to negotiate doing an assignable option on the off market deals, and then approaching the other agent with them. 

Have you checked with your brokerage firm if their referral agreement form (most brokerage firms have their own form) works in a case like this

Hey Christopher, 

I'm sure others can shed more detail on the subject, but my understanding is that as far as its purpose: it's disclosing that the lease will rank last to be reconciled, in realation to other liens/ property rights, should there be dispute or collection proceedings. 

If you're asking about a lease agreement template that you're using, and if it's beneficial to keep, that I'm not completely sure on. 

I do know that in some cases subordination is required, like a second mortgage lender requiring that the first mortgage loan become subordinate to the new mortgage, as a prerequisite to approval of the new loan. 

But as far as its requirement or benefit to being in a lease agreement, I too am curious of the answer.