Denver Investment Real Estate

It has been over five months since we recorded a Mastermind Podcast, but we’re back and this is one you do not want to miss. Chris and I sat down with Stephen Witkowski, a Rent by the Room House Hacker living in Arvada, and Vince Arena, a short-term rental/ Airbnb House Hacker in Wheat Ridge.  Why I love this episode: You are able to see the true value of masterminding and connecting wi...

Today, I have two guests from Kaufman Hagan Commercial Real Estate—Brandon Kaufman and Gunnar Wilson—to talk about a unique listing.  The Essex is a designated historic landmark that was recently renovated from top to bottom. A new owner will have the option to continue operating it as a short-term rental, which is very rare in Denver. Download the Offering Memorandum (OM) to find out all of...

Today, Brandon Kaufman of Kaufman Hagan Commercial Real Estate joins me to talk about another exciting listing he has.  This is a turnkey, 24-unit apartment building in a great part of Fort Collins.  All of the details can be found in the Offering Memorandum .  Three Learning Options! Listen to the podcast “#343: Commercial Listing: 24-Unit Apartment Building in the Heart of F...

Our guest today is Ryan Harris, former Bronco and Super Bowl 50 champion turned real real estate investor. He came on the show to talk about his journey and investing philosophy, as well as discuss some key takeaways from a recent portfolio analysis we did. Three Learning Options! Listen to the podcast “#342: Super Bowl Champion Ryan Harris’s Mindset: “More Is Not Always Better”&...

Today, we’re talking about a type of commercial lease called single tenant net leases.  These leases are a great wealth preservation strategy, especially appealing for landlords coming from the hectic world of multi family residential properties.  To break down what these leases are and how they work, we brought in Zach Wright and Brandon Gayeski from Blue West Capital based in Denver. B...

The Denver MLS trends data for December and the year-end are now out.  While the trends are similar to what we’ve been seeing, I want to highlight just how lacking the inventory is.  Before Covid in December 2019, there were 5050 active properties, which was really low at the time.  At the end of December 2021, however, there were only 1475 active properties.  Supply and demand...

In this deal analysis, Chris and I talked with new investor Emily about the investment property she and her husband recently purchased in Pueblo. They were sitting on a considerable amount of equity from their Denver home and are making that money work for them by investing in their first rental property. Three Learning Options! Listen to the podcast “#66: Using Denver Equity to Invest in a...

At some point, all landlords will face electrical issues in their properties .  What are the most common issues, and how are they resolved?  To find out, I sat down with electrician Lance Padilla.  Lance has been doing electrical work around the Denver area for the past 17 years.  He’s worked in everything from single family homes to multi unit apartment buildings.  He and...

In this deal analysis, Alex Cowan joined me to talk about the duplex he purchased with a partnership in west Denver.  He put a considerable amount of money into repairs and upgrades, but now he has a lot of options for his exit strategy.  Three Learning Options! Listen to the podcast “#337: Analyzing a Value Add Duplex in Athmar Park” on the Denver Real Estate Investing Podca...

In this episode of Ask an Investor, Envision Advisor’s House Hacking Specialist Ben Einspahr joined us to talk about how to plan for his next House Hack.  We went over the properties he currently owns and his options for funding the next house.  Ben is an active house hacker in the Denver area.  A couple of months ago, he left his W2 to join Envision Advisors full-time, which change...

A few weeks ago, I introduced you to Kaufman Hagan Commercial Real Estate , a new commercial brokerage that’s changing the way things are done.  One of the ways they’re switching it up is how they’re listing properties.  Three Learning Options! Listen to the podcast “#335: Commercial Listing: Turnkey 41- Unit Apartment Building in Northeast Denver” on the Denver Real Estate I...

What do you need to know to build an Accessory Dwelling Unit (ADU) , and how much does it cost? To find out, we sat down with builder Phil Daughton of Prenvalley Builders. He gave us an in-depth look at the process from start to finish.  Denver ADU Course This post is part of our Denver ADU Course. ADU’s are a hot topic! This series is to keep you informed and updated on the ADU scene. View...

The Denver MLS trends data for November 2021 are now out.  The bottom line is that it’s similar to what we’ve been seeing for a while now—an extreme seller’s market.  Active listings have plummeted from 3400 in November 2020 to 2250 in November 2021, a 30% year-over-year decline.  A balanced market is 15K-17K homes for sale, which is why the low supply and high demand are driving pr...

Welcome back to our Accessory Dwelling Unit (ADU) series! Anyone who wants to build an ADU first needs to understand their financing options.  As ADUs increase in popularity, so too have ways to finance these structures.  To get a better idea of what these options look like, we talked to Troy Williams, a lender with Northpointe Bank.  Troy contributed to our original ADU series seve...

In Episode 2 of our Accessory Dwelling Units (ADUs) series , we’re helping investors understand what kind of returns ADUs can generate. We ran a deal analysis on a property that includes a main house and ADU in the Cory-Merrill neighborhood of Denver.  Because ADUs can be flexible, we ran three different scenarios to show the different options investors have for a property like this.&#1...

Welcome to our updated series on Accessory Dwelling Units (ADUs) ! This first episode will give you an overview of what an ADU is, basic zoning regulations in Denver, some considerations for building your own ADU, and various benefits and uses of an ADU.  Denver ADU Course This post is part of our Denver ADU Course. ADU’s are a hot topic! This series is to keep you informed and updated on th...

Wow, it’s already December!  That means it’s time to set goals for 2022.  Exactly three years ago, I started publishing the Colorado Guide to Real Estate Investing, a crowdsourced book for people all over Colorado to share their goals, investing strategies, and how they’re working to achieve them.  Last year, 32 investors submitted chapters.  This year, I want to get 33 or more...

“Chris, What Should I Do with My Colorado Rental Portfolio? ” is a common question that I get asked. It’s a loaded answer, but there are proven strategies I’ve seen that consistently generate superior returns! If you’re like most Colorado Investors, you struggle with figuring out the “right move” for your real estate portfolio. That’s exactly why we’re launching the  P...

While many people were hesitant about doing deals during the pandemic last year, I kept moving forward.  With the 13 th highest GDP in the country and the amount of people moving to the city, Denver is still a great place to buy property.  In this case study, we’ll look at an apartment building The VareCo bought in the fall of 2020, how we were able to turn the units and raise rents duri...

If you listened to 10X Commercial Real Estate Job Opportunity , you know that one of our big goals for 2021 was to break into commercial real estate and change the status quo for how things are traditionally done. We are excited to announce Kaufman Hagan Commercial Real Estate, a new kind of commercial brokerage. Three Learning Options! Listen to the podcast “#326: Kaufman Hagan: Not Your Ty...

The Denver MLS trends data for October 2021 is now out. The average home sale price went down from the previous month, from $618K in September to $612K in October. However, the median home price still went up. Listings are also down from the previous month, from 6100 to 5300. In October of 2020, listings were at 6300. The average rent price has gone up from $1505 last October to $1725. This makes...

In this episode of Ask an Investor, Kevin Main talks to Chris and Jenny about how to take his investment strategy to the next level.  Kevin has previously been on an episode of House Hack Master Minds.  Now that he’s closed on his second house hack , he wants to know how to scale up and where to find the best deal on a pure investment property.  Three Learning Options! Listen to the...

This deal analysis is for a fourplex in the Ruby Hill neighborhood of Denver.  Because I’ve developed a great relationship with the buyers, we were able to execute this deal quickly. This gives them more time to focus on other important things in their lives.  Some people may see this deal and think it doesn’t look great, but it’s all about figuring out what fits your lifestyle and long-...

In this deal analysis, we’ll look at a townhome a client recently purchased in west Denver.  While things didn’t go our way at first, we were still able to get a great deal that will cashflow once my client moves out.  This is a good first step toward achieving his long-term goals.  Three Learning Options! Listen to the podcast “#322: House Hacking in Denver for Only $300/mo!&...

I recently returned from a river rafting trip, and it inspired me to see the river as a metaphor for life.  Stay with the current; go with the flow; and you’ll get to your destination.  If you choose to go against the current, you can work hard without making a lot of progress.  Bottom line: stay with the current knowing your goal, and you’ll get there sooner or later.   W...