Podcast #34: Denver Property Management Update – Q1 Update

Marc Cunningham and Daniel Preshaw of Grace Property Management and Real Estate are the guests on today’s show to kick off a new series in the podcast: A quarterly update about the Denver rental market from a property managers perspective.

We discussed:

  • Downtown class A newbuilds are accepting Section 8 tenants to fill vacancies.
  • Buying new build single-family homes in the high 300’s that rent for $2,200 to $2,400.
  • Investment opportunities in North Thorton and Broomfield (and Amazon’s new fulfillment center.)
  • PayRange – A new mobile phone payment system to replace coin-operated laundry facilities.
  • Amenify – A service that allows landlords to provide amenities – from dog walking to laundry to fitness classes.
  • How a 5% maintenance reserve rate caused a public investment company to miss its earnings…

Enjoy the show!

Let us know if you want to grab coffee and talk real estate opportunities: https://www.denverinvestmentrealestate.com/consult

 

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Authors
Chris Lopez
Chris Lopez is a Denver area real estate entrepreneur and investor, as well as the host of Bigger Pockets’ House Hackerz and the Denver Real Estate Investing Podcast.
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