In this week’s live Drinks and Deep Dives show, I gave an update on an Accessory Dwelling Unit (ADU) course I’m working on and need your input to make it better. I also talked about my favorite metric to use … [Read the rest…]
blog
Deal Analysis: What should I do with my paid off property?
A question I often get from investors is what they should do with a property that’s entirely paid off. Should they keep it as is, refinance, or trade up via a 1031 exchange? Like most decisions, it depends on the … [Read the rest…]
Room by Room Rental in a Single Family 5 Bedroom Home
This deal analysis looks at a creative strategy for renting out a single family home. My client recently purchased a house in Colorado Springs and is doing a room by room rental strategy for it. A lot of people hear … [Read the rest…]
Investing in New Build Townhomes in Denver: the Pros and Cons
Because of the low inventory of existing properties and lower price points of new builds, we are seeing a significant shift in interest toward newly built properties. Between quarter three last year and quarter one this year, about a fourth … [Read the rest…]
From Losing Money to Cashflowing by Restructuring a Loan
In this week’s live Drinks and Deep Dives show my co-host was Joe Massey, senior lender with Castle and Cooke Mortgage. We did a deep dive into how he recently helped a client go from losing money on his properties … [Read the rest…]
Increasing Cashflow through Self-Management of 3 bedroom 1 bath Colorado Springs Rental
This deal analysis focuses on a single family home in Colorado Springs. My client is planning on self-managing the property, which is a great way to decrease expenses and increase cashflow. By doing this work himself, his investment will … [Read the rest…]
Reaching $10K in NOI through 10 Years of Investing
Having a goal when investing in real estate is vital. It’s hard to create an investment strategy without a goal to work toward, and for many of our clients, reaching $10K a month in net operating income (NOI) is their … [Read the rest…]
Internal Rate of Return: Calculating Annual Expected Return
In this Drinks and Deep Dives show, Chelsea Scott joined me to talk about Internal Rate of Return (IRR). This is a powerful but complex metric for calculating annual expected return. It’s a dynamic way to measure returns because it … [Read the rest…]