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All Forum Posts by: Tim Emery

Tim Emery has started 176 posts and replied 319 times.

Post: April John Fisher's Breakfast Club

Tim EmeryPosted
  • Specialist
  • Englewood, CO
  • Posts 329
  • Votes 88

Join this networking group of 80 real estate investors and professionals that share insights and leads. John Fisher’s Breakfast Club meets the second Saturday of every month, and is a great networking opportunity for those looking to learn from each other, share advice, and maybe even make a deal!EventBrite Tickets are REQUIRED
https://www.eventbrite.com/.../john-fishers-breakfast...What to Expect:
* Network, not reinvent the wheel
* from others
* what works
* specialists
* advice
* and deal
* part of a WIN-WIN environment in real estate investing
* guest speakers
* membership fees required

Post: The John Fisher Breakfast Club

Tim EmeryPosted
  • Specialist
  • Englewood, CO
  • Posts 329
  • Votes 88

TICKETS ARE REQUIRED! The restaurant is back to 80 customers! You can purchase tickets at Eventbrite.com

BUY TICKETS HERE

Join us to discuss issues and concerns arising from Denver Metro Residential Real Estate Investments. We welcome "experienced" investors, as our goal is to network and share what works and what doesn't. Newer investors are encouraged to attend and "soak up" information/data from seasoned investors.

INFORMAL FORMAT: introductions, why we're here, what we want, then we discuss business, market conditions, trends, and deals. The purpose is to network, not to reinvent the wheel, learn from others, share what works, recommend specialists, offer advice, wheel and deal, create a win-win environment in real estate investing.

NO GUEST SPEAKERS!!! No membership fees.

Dazzle Jazz Restaurant provides a PRIVATE room large enough to accommodate everyone! Plan to attend and come hungry for information and breakfast!

Doors open at 7:00AM. Plan to come early to get a good seat.

$25 gets you breakfast, coffee and juice. All attendees need to pay, the venue has made us a priority.

Meeting runs from 7AM to 10:30AM.

RSVP required: Purchase tickets through Eventbrite.
Buy Tickets NOW

What a great way to start your Saturday morning and your investing weekend! Find out why so many seasoned investors consider these meetings so valuable.

MARK YOUR CALENDARS: see you there!

We meet 2nd Saturday of Every Month @7:00 – 10:30 am MDT

Post: The John Fisher Breakfast Club

Tim EmeryPosted
  • Specialist
  • Englewood, CO
  • Posts 329
  • Votes 88

Just spent a weekend in Kansas City! Should we be buying rentals out of state? 

Post: The John Fisher Breakfast Club

Tim EmeryPosted
  • Specialist
  • Englewood, CO
  • Posts 329
  • Votes 88

Want to find a deal? The longest running Real Estate Investors Meetup in Colorado. 

INFORMAL FORMAT: introductions, why we're here, what we want, then we discuss business, market conditions, trends, and deals. The purpose is to network, not to reinvent the wheel, learn from others, share what works, recommend specialists, offer advice, wheel and deal, create a win-win environment in real estate investing.

https://www.eventbrite.com/e/j... us to discuss issues and concerns arising from Denver Metro Residential Real Estate Investments. We welcome "experienced" investors, as our goal is to network and share what works and what doesn't. Newer investors are encouraged to attend and "soak up" information/data from seasoned investors

TICKETS ARE REQUIRED! The restaurant is back to 80 customers! You can purchase tickets at Eventbrite.com

NO GUEST SPEAKERS!!! No membership fees.

Dazzle Jazz Restaurant provides a PRIVATE room large enough to accommodate everyone! Plan to attend and come hungry for information and breakfast!

Doors open at 7:00AM. Plan to come early to get a good seat.

$25 gets you breakfast, coffee and juice. All attendees need to pay, the venue has made us a priority.

Meeting runs from 7AM to 10:30AM.

RSVP required: Purchase tickets through Eventbrite. https://www.eventbrite.com/e/j... a great way to start your Saturday morning and your investing weekend! Find out why so many seasoned investors consider these meetings so valuable.

MARK YOUR CALENDARS: see you there!

We meet 2nd Saturday of Every Month @7:00 – 10:30 am MDT


Post: Reference check with tenant prospect's prior landlord

Tim EmeryPosted
  • Specialist
  • Englewood, CO
  • Posts 329
  • Votes 88

It falls under the fair housing act. @Taylor R.

Post: Property managment broker

Tim EmeryPosted
  • Specialist
  • Englewood, CO
  • Posts 329
  • Votes 88

Check out Stix and Stones Fine Colorado Properties  or Z-properties. 

Post: Reference check with tenant prospect's prior landlord

Tim EmeryPosted
  • Specialist
  • Englewood, CO
  • Posts 329
  • Votes 88

In Colorado, those are the only things we can ask. In my applications, I want to know who the landlord was before the last one. Get that info and you will learn a lot. I had a couple of times that potential tenants put their mom or dad as the last landlord. 

Good questions are the key to finding good tenants. 

Post: John Fisher Breakfast Club

Tim EmeryPosted
  • Specialist
  • Englewood, CO
  • Posts 329
  • Votes 88

Get your tickets for Saturday morning. We have a lot to talk about! 
The market has changed! 

Post: Most Important Factors in starting out?

Tim EmeryPosted
  • Specialist
  • Englewood, CO
  • Posts 329
  • Votes 88

@Nathan Gesner  While I have not been as involved with bigger pockets as long you, I have been supporting the site for years. I understand and see the huge value that bigger pockets brings to this industry and I want to follow the rules of the forum. I don't think anywhere in my post I mention anything about me or my company. 

Nathan, I receive calls and emails on a daily bases from new investors that have tried to figure this business out on their own and failed, some have failed due to guru's, some due to podcasts, some due to uneducated friends. The post was to hopefully guide people to another option. 

I agree, everything you need to know about this industry is on bigger pockets, and I know a few people who have succeeded with the information. Most people I know have used coaches or mentors to really expedite their education. 

I believe in helping everybody and am always trying to give back to the community. If I violated the forum rules with the post please do what you need to.

Post: Most Important Factors in starting out?

Tim EmeryPosted
  • Specialist
  • Englewood, CO
  • Posts 329
  • Votes 88

Have you heard the discussions bashing coaching and mentoring for Real Estate Investors? Yes, there are some bad apples (gurus) out there, and you should not have to mortgage your house to get into their programs, but there are some good coaches that do not charge enormous fees.

There have been many people that have scraped up enough money to pay an earnest fee on a property only to discover they did not calculate the numbers relating to the project correctly and they lost their money, or worst yet continued in the deal and lost even more money.

When analyzing a project, there are many factors to consider. The evaluation of the neighborhood, correct After Repair Value, reasonable Rehab Costs, different funding options, the cost of the borrowed money, the monthly carrying costs affiliated with a rehab project, correct insurance requirements, protections in the closing process, aligning yourself with a title company that fully understands how an investor buys and sells houses, deciding to sell or rent the completed project, and the legal requirements of either. Miss the mark on any of these, and you are placing yourself at great risk of losing much money.

Even if you can establish the correct numbers above, do you know the neighborhood? The level of rehab depends on the neighborhood. What are the demographics of the neighbors? It could be mainly young couples or single people as roommates, older citizens, or parents with kids. Each neighborhood would have specific patterns. Property values go up and down within a few streets. A local coach will know the ins and outs of the neighborhoods in your city

A local coach or mentor can help you properly structure your business to provide protection, develop your systems, and teach you how to evaluate the numbers of a deal. They will show you the steps that are needed throughout the entire process, helping you find funding and trusted service providers. They can share lessons learned, saving you costly mistakes. A good coach will be with you personally, giving you guidance, confidence, and protection.