Seven years ago I invested in a townhome as a rental property to use as a college savings plan for my 2 kids. At the time my kids were age 3 and 5. I would save money by managing the property myself with tenants that I select. I have much more control over the investment than I would… [Read More]
Real Estate Investing – Is Now The Time For A Rental Property?
Yes, in my professional opinion, now is the time. I’ve helped several investors buy rental properties this year. With interest rates in the 3.5% range for investors, and vacancy rates as low as they are, investing in real estate has caught the attention of our clients. Here’s what you might think about: 1) If you portfolio… [Read More]
Chief Economist for NAR Changes Predictions
Chief Economist Lawrence Yun for the National Association of Realtors predicted housing starts for new construction to surge 70 percent, or home prices to increase 10 percent, but not both. The Denver Post reported this on Sunday, June 23rd. This was a change from his earlier prediction that home prices would increase in 2012 from… [Read More]
1031 in Bonnie Brae / Cory Merrill
I wanted to share with you my experience working with an investor. This investor was is using a 1031 Tax Deferred Exchange to take the proceeds on a recent real estate transaction and rolling it into residential real estate in Denver. One of 3 properties we found was in the Bonnie Brae, or Cory Merrill… [Read More]
Fox News Broadcast About Investing in Denver Real Estate
Hi There, We thought this was interesting and some good news about the Denver Real Estate market which we know and love: http://video.foxbusiness.com/v/1350760911001/ Thank you, Todd Groth – 720.203.9624