After nearly 10+ years of record low interest rates, we have started to see interest rates increase over the past 2+ years. These increased rates have started to put pressure on home buyers and investors in the market. One of … [Read the rest…]
Review Case Studies of Deals in the Denver Metro Area
We helped another client acquire a buy and hold investment property in Denver!
- Closed on 9/29/17
- Purchased for $125,000
- 17% cash-on-cash with a 9.1% cap rate for self managing.
Scroll down for full spreadsheet analysis.… [Read the rest…]
We helped another client buy a long term rental in Denver!
- Closed on 9/27/17
- Originally listed at $195,000 (overpriced)
- Purchased f0r $165,000
- 14% cash-on-cash | 8.3 cap rate with 8% property management fee
- Or 18% cash-on-cash | 9.3
This might sound odd, but my #1 goal was to not lose money on my first Denver fix and flip. Now, of course, I wanted to make a profit. But, getting hands on education and increasing my emotional intelligence will … [Read the rest…]
If you’re reading this blog you’ve probably heard of the concept of house hacking – the idea of owning a home and doing some sort of creative investing with it in order to build longterm wealth. I’m approached daily with … [Read the rest…]
Last week, Charles Roberts invited me along to one of his Denver rentals for a Section 8 inspection. Since I have zero experience with Section 8, I said: "Of course!" It was an eye opener for me.
The two parts … [Read the rest…]
A property in the First Creek neighborhood came on the market in May of 2017 and I jumped on it like white on rice! I am intimately familiar with First Creek, owning 3 properties there myself and having closed 15 … [Read the rest…]
"You make your money on the buy, right?"
If there’s one saying, one truism, one Holy Grail in real estate it’s “you make your money on the buy.” Everyone who wants to sound smart in the real estate community makes … [Read the rest…]