My guest for this episode is Derek Marlin who does fix and flips. This will be the first in a four-part series with Derek talking about deals he’s doing as well as deals he’s not doing. In this case, he chose NOT to do the deal. He ran the opportunity through his spreadsheet, and it did not pass the test. This is more common than not; he analyzes 8-10 properties for every one that passes the test.
My guest today is Derek Marlin. He’s been on quite a few podcasts including the ELEVATE Your Flip Series talking about what he’s doing in Denver with fix and flips through his flipping business Elevation. His sister business, Elevation Apartments, buys and holds multi family legacy assets. Derek wrote a chapter for both the 2019 and 2020 Guide to Denver Real Estate Investing book.
This is the first episode where I interview a book contributor who wrote a chapter for “The 2020 Guide to Denver Real Estate Investing” book. The goal for this podcast series is to check in with them to have them recap their real estate investing strategies and how it has changed since the COVID pandemic.
In this podcast, I interview Austin Allan. In January 2020, we helped him buy his first house in Aurora. Recently we featured his room by room house hack in a deal analysis podcast.
In this episode, I interview Ben and Alyson Einsphar. In 2019 we helped them buy their first Denver house hack. They are house hacking in Arvada, CO by Airbnbing part of their home. Their Arvada Airbnb house hack was featured on an earlier deal analysis podcast.
Terrance Doyle and I are launching a new show on BiggerPockets called the Real Estate Ride Along Show. Watch show #1 at https://www.youtube.com/watch?v=i-1zWCISduY. Let me know if you want to join us on a future episode!
As the entire month of April fell in Colorado’s statewide Stay-at-Home order, no surprise that showings took a plunge. But as soon as restrictions lifted in May, showing activity jumped up to normal levels for this time of year!
We received really great feedback from last month’s Property Management update so we thought we would continue to do updates once a month at least until the world starts to settle down. This allows our investor clients can get the inside scoop from professional property managers that specialize in the Denver market. As a reminder, or if you didn’t catch May’s update, we will be focusing on data collected regarding rent collection and trends we are seeing from month to month so landlords can be as educated as possible and know what to expect.
This post is not like our typical posts which focus on investing… Rather, this is geared towards real estate agents.
We’re looking to grow the DenverInvestmentRealEstate.com team with a few agents! If you’re an agent interested in investing, then this post is for you. In my experience, I’ve always had the best luck with getting the “right people on the bus” by reaching out to the community.