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All Forum Posts by: Ryan Lesley

Ryan Lesley has started 4 posts and replied 158 times.

Post: 21 Yr Old New to RE

Ryan LesleyPosted
  • Real Estate Agent
  • Fort Collins, CO
  • Posts 171
  • Votes 116

Hey @Samuel Bower

Welcome to bigger pockets and congrats on taking the first steps toward financial freedom with a house hack! 

You got yourself a Ryan Pineda origin story going there πŸ˜‚ 

Anyways, what I find with most people starting out nervous/fearful of getting stared with investing is that it comes down to the unknown. Simply not knowing the processes and different strategies of REI. My recommendation, besides getting in the forums and asking questions like this, is to go to local meetups and get around other investors. Ask questions, and define you listen to the BP podcasts and books. There is a ton of free and relatively inexpensive resources all right here.

Hope that helps and best of luck πŸ€πŸ€

Post: Better to offer less money or more money but ask for closing credit?

Ryan LesleyPosted
  • Real Estate Agent
  • Fort Collins, CO
  • Posts 171
  • Votes 116

Hey @Gurleen B.

to reiterate what Nathan said, the $544k option with concessions is generally what I have been advised is the best route as well, mostly because if you plan on buying down the rate for example you can just "roll it into the loan" as opposed to coming out of pocket. 

Post: Thanks to the mods!

Ryan LesleyPosted
  • Real Estate Agent
  • Fort Collins, CO
  • Posts 171
  • Votes 116

The Nigerian Prince that contacted me on here isn't real?!?

Post: STR vs. Airbnb

Ryan LesleyPosted
  • Real Estate Agent
  • Fort Collins, CO
  • Posts 171
  • Votes 116

Hey @Keeley Harbin,

also consider a MTR, with these your looking at Travel Nurses and Insurance Contracts (temp housing). I was at a meetup in Denver where Zeona McIntyre was the guest speaker and she had some really great info about how to implement that strategies and everything in between. she also has a book with bigger pockets called the 30-Day Stay if you want to learn more. hope that helps and best of luck πŸ€πŸ€

Post: First Ever Real Estate Purchase

Ryan LesleyPosted
  • Real Estate Agent
  • Fort Collins, CO
  • Posts 171
  • Votes 116

No worries Sean, Ill shoot you a connect request and feel free to message anytime πŸ˜„

Post: Medium Term Rental Leases

Ryan LesleyPosted
  • Real Estate Agent
  • Fort Collins, CO
  • Posts 171
  • Votes 116

Hey Sheila, 

I was at a meetup in Denver a few weeks ago and the guest speaker was Zeona McIntyre who is the author of the 30-Day Stay book that goes over everything STR/MTR. She's awesome and covers all the questions you'll likely have on this strategy. Hope that helps and best of luck with your MTR's πŸ€πŸ€

Post: First Ever Real Estate Purchase

Ryan LesleyPosted
  • Real Estate Agent
  • Fort Collins, CO
  • Posts 171
  • Votes 116

Hey @Sean Beck

congrats on the great first deal and thanks for posting how it all worked out.

If you ever decide you want to dip your toes in out of state investing I and my team are in the Denver/ North Colorado and have a solid team already set up. best of luck on your next investment πŸ€πŸ€

Post: Creative or absurd?

Ryan LesleyPosted
  • Real Estate Agent
  • Fort Collins, CO
  • Posts 171
  • Votes 116

hey @Greg Appelt

to add to what Jeff said, finding out what her needs are financially is would be your best bet so you can best craft her offer. It may be a certain amount of upfront cash now with a certain amount of monthly payments that she would need that would make her happy. taking those numbers and working backwards is what I would suggest. 

Post: Mid term rentals in Worcester

Ryan LesleyPosted
  • Real Estate Agent
  • Fort Collins, CO
  • Posts 171
  • Votes 116

Hey @Craig Lang

Just to add to what Wendell said, another target market for MTR you can look into is insirance contracts/ temp housing. Here’s a video to explain it more.

;si=EnSIkaIECMiOmarE

hope that’s helpful, best of luck πŸ€πŸ€

Post: First rental heartache

Ryan LesleyPosted
  • Real Estate Agent
  • Fort Collins, CO
  • Posts 171
  • Votes 116

Hey @Matthijs Pol,

I second Jason’s suggestion of cash for keys, it’s often going to be faster and/quicker than going through the courts. Especially if they are backed up as you said. Best of luck and I hope it works out soon