• Skip to main content

Denver Investment Real Estate

Helping Investors with Denver Residential Real Estate

  • Denver
    • Start Here
    • Deal Analyses
    • Market Updates
    • Denver Podcast
  • Springs
    • Start Here
    • Deal Analyses
    • Market Updates
    • Springs Podcast
  • Education
    • Free Toolkit
    • Podcasts
    • Getting Started Guides
    • Courses
    • Books
    • Events Calendar
    • Blog
  • Spreadsheets
    • Rental Property
    • House Hacking
    • BRRRR
    • Fix and Flip
    • Return on Equity (ROE)
  • Services
    • Rental Properties
    • House Hack
    • Sell
    • 1031 Exchanges
    • Investment Consultation
  • Portfolio Analysis
    • About Portfolio Analysis
    • Portfolio Consultation
  • About
    • About Us
    • Team
    • Our Process

Webinar #9: Denver House Hacking with Condos

November 8, 2017 • Chris Lopez

The next phase of our house hacking series is to explore condo house hacking.

Why condos? Well, our clients have been buying condos for investment properties as they are giving the best returns in the Denver market.

If investors are buying condos, then we realized house hackers should look at condos as well. After building a house hacking condo model, we were pleasantly surprised at the numbers!

Here’s a quick rundown:
– Buy a condo for less than $15,000 down (3.5% FHA or 5% conventional down)
– Live for free (or close to it)
– At year 2, move out of condo #1 (rent it for positive cash flow) and then buy condo #2.
– Repeat every 2 years until you own 4 condos.
– By year 8, have 4 cash flowing properties with 500k+ equity.

Condo house hacking is a great way to buy property for less than $15,000 down, live for free, and start building your rental portfolio.

Are condos the best way to start your investing career? Maybe yes, maybe no. There isn’t a right or wrong answer. But, it’s an idea worth exploring! Keep your eye out for future webinars on different house hacking models.

If you want help creating your house hacking model please reach out to us. 

 

About Chris Lopez

Investor Friendly Realtor| Investor | Host of the Denver Real Estate Investing Podcast | Call Chris at (303) 548-0846 | Chris@envisionrea.com | Read more about Chris...

Real Estate Investment Consultation
Creating your real estate investing strategy and putting together your team can be a daunting task. Schedule your free Colorado real estate investment consultation to start creating your personalized plan.

Envision Advisors Logo
Copyright © 2022 · All Rights Reserved

Envision Advisors at Your Castle Real Estate · 2755 S. Locust St #243, Denver CO 80222

Return on Investment Quadrant™, True Cash Flow™ and Nomad™ are trademarks of Real Estate Financial Planner LLC and used with permission.

denverinvestmentrealestate logo

Disclaimer:This information is designed to provide accurate and authoritative information with regard to the subject matter covered. It is offered with the understanding that the presenters are not engaged in rendering legal, accounting, or other professional services. If legal advice or other expert advice is required, the services of a competent professional should be sought.

Privacy Policy | Terms of Use | Disclaimer