Deal Analysis – Aurora Rental Condo With Value Add Play
Aurora condos are typically the best cash flowing investment properties in the current Denver metro real estate market. Our clients picked up their third rental property in Aurora. This is a great property because it’s fully remodeled and ready to go. Also, there is a relatively easy value-add play of turning a second living room into a fourth bedroom by adding a door and some drywall work. More bedrooms = more rental income.
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Deal Analysis – Investment Property House in Aurora, CO
Buying detached homes in Aurora near the Anschutz medical campus is one of the last areas around Denver to buy lower priced homes that cash flow. These properties make sense because of their low price point, high rental demand and potential for long term upside. Between opportunity zones and three major hospitals, this area has a lot going for it.
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#156: Published! 2020 Denver Investing Strategies Book
The 2020 Denver Guide to Denver Real Estate Investing Strategies book is published! Order on Amazon at https://amzn.to/2xRuEGM
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Deal Analysis – Under $35k Down to Buy a Rental in Denver!
One bedroom condos are the lowest price point properties that you can find in Denver and Aurora. An investor can buy one for just over $30,000 out of pocket with a 25% down payment. You won’t find other rental properties that need so little down!
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2020 Book Resources
Here are the links to resources mentioned in the 2020 Guide to Denver Real Estate Investing Strategies. Should I put my rental into an LLC? How to Build a 10 Property Portfolio Additional Dwelling Unit (ADU’s) Series BiggerPockets thread on why the numbers of building ADU’s don’t pencil out. Real Estate Business Entities Course Investment […]
Deal Analysis – Rental House in Lakewood, CO
Usually, the properties we buy on the west side of town are for House Hackers and Nomaders™. Our investors wanted to buy an investment property that was near their home. Cash flow was not their main goal as they are buying this for retirement purposes. With Lakewood’s Proposition 200 passing in 2019 (which limited residential growth), there’s potential for solid appreciation.
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Denver House Hacking Help
Chris Lopez – Realtor Chris is an Investor friendly agent who helps house hackers create a strategy, find a property and buy it. He’s actively doing a multigenerational house hack. Schedule a house hacking investment consultation with Chris. Connect with Chris at [email protected] or 303-548-0846 Joe Massey – Lender Joe is a Senior Loan Officer […]
Deal Analysis – Investment Condo in Aurora, CO
This is an Aurora rental condo purchased by Chris Lopez. It’s a straightforward rental property that met his criteria and in a complex where we’ve done many transactions. Aurora investment properties are some of the best cash flowing rentals in the current Denver market.
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Deal Analysis – Denver Single Family House Nomad™
Our clients wanted to buy a house in an area they could enjoy while living there and hopefully ride the wave of transitioning neighborhoods and therefore appreciation.
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Deal Analysis – Westminster Townhouse House Hack
This analysis breaks down helping a first-time homebuyer and new investor to buy his first house hack. Our search focused on townhomes, since they have lower price points than detached homes. While he’s living there, the rent from two roommates ($850 each) more than covers his mortgage and HOA payments. He’s practically living for free! When he moves out after the one year mark, the numbers make sense as a rental property too. A solid win-win!
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Denver Real Estate MLS Market Stats – March 2020
The Denver MLS trends data for March 2020 is out. Comparing year over year (March 2019 to March 2020) is better than comparing the previous month, because we have defined seasonality trends. Now we have the coronavirus, and that is definitely having an impact on the market.
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Denver Average Home Price May Drop in Second Quarter
The media fixates on the average home price in Denver. That’s influenced by the price in different segments (e.g., FTB first time buyer, trade up, luxury) as well as the mix of what homes are selling.