How This House In Denver Makes $8K/Month in Rent!

[@jordansmith7579]

Bedroom at 13:40 needs both a supply and return vent.

[@Cashflowsavage]

Renting by the room seems more like a hospitality business by the room you will never have a long term tenants a lot of in and out a lot of vacancies . What a nightmare the neighbors are going to lose their minds over parking. She is truly a realtor and not an investor. This is not a BRRRR its closer to house hacking

[@InvestinDenverWithIan]

Looks like there's a bunch of on-street parking and some off-street as well. Why do you say she's a Realtor and not an investor? And I wouldn't call it house hacking since she's not the one living in there.

[@Cashflowsavage]

@@InvestinDenverWithIan if 8 people have their boy or girlfriend stop by on a Saturday that’s 16 cars that will need parking it will overflow and piss off the neighbors. Realtors are not investors they sell properties to investors she has the right mindset but she will learn a hard lesson this is not passive income this will be active income she will work for every penny with 8 tenets living together.

[@InvestinDenverWithIan]

@@Cashflowsavage I can see that happening, worst case scenario for sure. She will have a property manager as well. I'll do an update video in a couple months!

[@annelu5562]

​@Cashflowsavage Hey, Anne here. I got into the realtor business because I wanted to learn the ropes first before going all in to investing. I think it's a generalization that Realtors aren't investors. This is my first investment property, so I'm learning a ton - never expected it to be passive in the beginning. But as my portfolio grows, that's be the goal later on. Thanks for your input! Those are all great points - the cash flow for rent by the room is great in the Denver market, and that's why I'm giving it a try. As for BRRRR, it'll be a long refinancing period, but a value add nonetheless :) Definately a lot of lessons learned!

[@yosoytercio245]

👍🏼

[@InvestinDenverWithIan]

Thank you for watching 👍

[@jordansmith7579]

Pay the $400 for the light… A bedroom without a light?

[@InvestinDenverWithIan]

Yeah sometimes you see it in living rooms where there's no ceiling fan/light. Some justify several outlets in the room to have more "lamp light" than a ceiling light. At least there's that big bay window for natural light, right?