Denver Investment Real Estate

The August 2024 market stats for Denver and Southern Colorado are now out, and our roundtable is back to discuss what they mean. Check out the video to hear the latest trends, get updates on buyer activity, interest rates, and get the details on some of our latest deals. Whether you’re looking to buy, sell, or refinance, this is your playbook for navigating the market this fall!

(01:20) Market Overview and Trends

(05:13) Interest Rates and Market Sentiment

(07:44) Buying Strategies for Quarter Four

(15:11) Deal: Colorado Springs 8-Plex

(20:36) Deal: Denver 4-Plex

(29:02) Commercial Multifamily Real Estate Insights

Nova Home Loans: https://troyhowell.novahomeloans.com

Email Troy Howell: [email protected]

Email Jeff White: [email protected]

For over 40 years, we’ve been focused on helping homeowners find the perfect loan to fit their financial needs and personal goals. Working with NOVA is a personalized experience from initial application to final loan closing and beyond. We will be with you every step of the way toward successful homeownership. Start working with NOVA & Troy Howell today!

NOVA FINANCIAL & INVESTMENT CORPORATION, DBA NOVA HOME LOANS NMLS 3087/ EQUAL HOUSING OPPORTUNITY/8055 EAST TUFTS AVENUE, SUITE 101/DENVER, CO

Ever wondered what it takes to transform an empty lot into a thriving multifamily property? In this eye-opening episode, host Chris Lopez sits down with Adam Fenton of Narrate Holdings to unravel the complexities of land acquisition and development in Colorado’s competitive real estate market.

Adam shares his wealth of expertise on:

Discover why seemingly simple parcels can hide million-dollar pitfalls and learn how savvy developers mitigate risks. Whether you’re a seasoned investor or just curious about real estate development, this episode offers valuable insights into the intricate world of transforming raw land into profitable properties.

Don’t miss this deep dive into the first crucial steps of real estate development – it might just change how you view that vacant lot down the street!

(02:46) How do you find land?

(08:31) You’ve found it, now what?

(17:05) Knowing what you can build

(21:53) Letter of Intent (LOI)

(25:03) Purchase and Sale Agreement

(34:11) Under Contract

(38:01) End of Due Diligence

(40:54) Path to Closing

Interested in learning more about Narrate or investing in one of their projects?

Schedule a call with our team here

Visit Narrate Holdings Website

Adam Fenton LinkedIn

Episode 499: How this Developer’s Creative Debt Financing Strategy Helps Them Stand Out w/ Adam Fenton

Episode 501: Real Estate Development from Concept to Reality | Deal Analysis

Based in Denver, Narrate is a boutique private equity firm specializing in the investment and development of multifamily and mixed-use real estate projects as well as business ventures across the US. We are an experienced team of professionals focused on limiting downside risk while providing long-term, stable growth for investors. Our portfolio includes a diversified mix of ground-up development and existing value-add properties as well as high-margin scalable businesses. Our approach blends personalized attention with deep industry expertise, enabling us to identify and nurture opportunities that others may overlook.

Disclaimer: This podcast provides educational and informational content only. It does not constitute personalized financial, legal, or tax advice.

Could converting houses into senior living facilities be the most overlooked goldmine in real estate? In this eye-opening episode of the Denver Real Estate Investing Podcast, host Chris Lopez sits down with Mitch Conrad, a former high school teacher who transformed a personal family crisis into a thriving 23-location senior living empire.

Mitch’s journey from educator to real estate mogul is nothing short of extraordinary. He now oversees 400+ senior residents and nearly 300 employees, all stemming from an accidental foray into long-term real estate investing. You’ll hear the pivotal moment that led him to specialize in this unique and lucrative niche.

Prepare for some mind-blowing revelations:

Mitch offers a masterclass in scaling a real estate business, detailing his progression from small residential properties to commercial facilities. He shares priceless advice on:

Whether you’re a veteran investor seeking new opportunities or a newcomer looking for inspiration, this episode is brimming with game-changing strategies and hard-earned wisdom.

(01:59) From Teacher to Real Estate Investor

(08:44) Transitioning to Senior Living

(12:26) Converting Homes into Senior Care Facilities

(22:59) Scaling Up: Residential to Commercial Facilities

(29:14) Tips for Real Estate Investors

Mitch Conrad email: [email protected]

Join host Chris Lopez as he explores the world of debt funds with Justin and Matt, founders of Dynamo Capital. These innovative investors are reshaping real estate finance in Wichita, Kansas – a market that offers surprising opportunities for yield-seeking Denver investors.

In this eye-opening episode, you’ll learn:

Justin and Matt break down their unique approach to debt fund management, revealing how they achieve consistent double-digit yields where traditional investing struggles. You’ll hear how they balance the rigidity of conventional lending with the speed of hard money, funding deals in as little as three business days.

Discover how their debt fund:

Whether you’re a seasoned Denver investor looking to diversify or a newcomer seeking better returns, this episode is packed with actionable insights. Explore how debt funds are opening doors in markets where rising interest rates have shuttered traditional opportunities.

Don’t miss this chance to expand your real estate horizons and learn how to be the bank in today’s evolving landscape. Tune in now to discover strategies that could transform your investing approach!

(02:02) The Basics of Debt Funds and Benefits

(06:16) Wichita vs Denver Real Estate Market

(12:03) Investing in the BRRR Strategy with a Debt Fund

(20:35) Background of Dynamo Capital

(25:54) Loan Products Offered by Debt Funds

(27:36) Defaults, Foreclosures, and Managing Risk

Interested in learning more about Dynamo and the funds they offer? Schedule a call with our team here.

Dynamo Capital, founded in 2023, is a debt fund specializing in residential real estate lending in Wichita, Kansas. Offering fix-and-flip, construction, and long-term financing, they leverage technology and experience to give investors an edge in the lucrative fix-and-flip market. Dynamo balances traditional lending rigidity with hard money speed, typically lending up to 75% of a property’s after-repair value. Their personalized approach and strategic underwriting aim to provide flexible, accessible financing for real estate investors, enhancing clients’ portfolios with agility and expertise.

Disclaimer: This podcast provides educational and informational content only. It does not constitute personalized financial, legal, or tax advice.

In this informative episode of the Denver Real Estate Investing Podcast, host Chris Lopez explores the rapidly expanding Build-to-Rent (BTR) sector with industry experts Ryan Watts of Red River and Bill Morton of Leo Brown Group. They offer an in-depth analysis of their Centerville, OH Build-to-Rent (BTR) project highlighting why BTR is emerging as a notable asset class for astute investors.

Key highlights of this podcast include:

Ryan and Bill share their expertise on:

This episode offers valuable insights for seasoned real estate investors and newcomers alike. Learn why Build-to-Rent communities are reshaping the rental market and how investors can position themselves within this growing trend.

Tune in to gain a comprehensive understanding of this emerging asset class and the strategies driving its growth. Expand your real estate investment knowledge and explore the potential of Build-to-Rent communities in this must-listen episode.

(06:10) Selecting the Right Market: Centerville, Ohio

(12:20) The Importance of Local Sponsors in BTR Development

(18:12) The Construction Process and Milestones for Centerville, OH Build-to-Rent (BTR) Project

(24:25) Keeping Residents Happy During Construction

(30:26) Expected Returns for BTR Investors

(33:42) The Future of BTR and Red River’s Growth Strategy

Interested in learning more about Red River?

Schedule a call with our team here!

#520: Inside the Making of a $30M Build-to-Rent Community #516: The Rise of Build-to-Rent and Why Investors Should Take Note

Red River Development is a vertically integrated real estate development company with a focus on developing and operating class-A build-for-rent residential communities under the management brand: Trulo Homes. A unique and growing space in the housing market, luxury rental communities provide the comfort and privacy of single-family homes with the convenience and amenities of high-end multifamily rentals. Red River sees extensive market opportunity in the Build-To-Rent (BTR) space throughout the Southern and Midwest U.S. with a substantial pipeline of developments planned to break ground later in 2024 and beyond. Red River is headquartered in Dallas, TX with a second office in Tulsa, OK.

Disclaimer: This podcast provides educational and informational content only. It does not constitute personalized financial, legal, or tax advice.

Is selling a rental property with a 3.6% interest rate ever a good idea?

On this episode of the Denver Real Estate Investing Podcast, host Chris Lopez and his expert panel reveal why one investor is doing exactly that – and tripling their money in the process. You’ll discover:

Chris is joined by Southern Colorado expert Jenny Bayless, who breaks down her decision to sell a long-term rental despite its rock-bottom interest rate. Denver specialist Jeff White teases an upcoming fourplex deal that’s dropped from $935,000 to the $650,000 range. And mortgage expert Troy Howell provides critical interest rate insights that could impact your next move.

The panel dives deep into real-world numbers, sharing specific cap rates, cash flow projections, and appreciation data. They debate the merits of new construction versus existing properties, and explore how factors like property taxes and deferred maintenance influence long-term returns.

Tune in for a data-driven discussion that challenges conventional wisdom and provides actionable insights for navigating Colorado’s dynamic real estate market in 2024.

(01:29) Trends in Southern Colorado and Denver

(10:45) Mortgage Rate News and Employment Numbers

(14:39) Deal #1: Selling Properties for Appreciation Gains

(22:13) Exploring the Trade-Offs: Cash Flow vs. Trapped Equity

(30:41) Deal #2: New Builds

(41:22) Teaser: Potential Fourplex House Hack Deal

Nova Home Loans: https://troyhowell.novahomeloans.com

Email Troy Howell: [email protected]

Email Jeff White: [email protected]

For over 40 years, we’ve been focused on helping homeowners find the perfect loan to fit their financial needs and personal goals. Working with NOVA is a personalized experience from initial application to final loan closing and beyond. We will be with you every step of the way toward successful homeownership. Start working with NOVA & Troy Howell today!

NOVA FINANCIAL & INVESTMENT CORPORATION, DBA NOVA HOME LOANS NMLS 3087/ EQUAL HOUSING OPPORTUNITY/8055 EAST TUFTS AVENUE, SUITE 101/DENVER, CO

Want to know how a covered land play could be the secret to finding lucrative development deals in a tight market? In this eye-opening episode, Chris Lopez sits down with Nathan Adams from RedT Homes to dissect a fascinating off-market development opportunity in Old Town Littleton that slipped away.

Nathan reveals how a $600,000 property with existing rental income could have transformed into a $3.5 million project with potential profits of $750,000. Learn why covered land plays are becoming the sweet spot for developers, allowing for creative financing and reduced risk in today’s challenging market.

Uncover key strategies for:

Plus, get Nathan’s expert insights on current market dynamics, including why three-bedroom townhomes in the $700,000 range are the ideal target for both homebuyers and investors.

Whether you’re a seasoned developer or just getting started, this episode is packed with tactics for navigating the complexities of real estate development in Colorado. Don’t miss this chance to learn from a deal that got away and position yourself for success in your next project!

(01:33) The Challenges of an Off-Market Development Deal

(04:45) Partnership Issues and Deal Breakers

(08:05) The Appeal of the Covered Land Play

(14:10) Construction and Marketing Process

(19:22) Projecting Profits

RedT Homes website: https://redthomes.com/

Email Nathan Adams: [email protected]

LinkedIn: Nathan Adams

Interested in learning more about the Developer Incubator Program? Click here to book a call and learn more.

Episode 480: Opportunities in Real Estate Development with redT’s Chief Investment Officer Paul Ko

Episode 490: The Strategy Behind Scaling a Company with redT’s New CEO Vincent Deorio

Episode 517: Learn to Develop Properties Like a Pro (For Action Takers)

red T Homes is a mission-driven, values-based residential real estate development company in Denver, known for offering a comprehensive suite of services encompassing land acquisition, entitlement, design, architecture, construction, marketing, and sales. What sets them apart is their resolute commitment to “Building A Greener Colorado,” prioritizing the well-being of families and the environment. Their projects are built to a LEED Gold Certification standard or better, and they exclusively partner with developers, builders, and investors who share this commitment. As pioneers, red T is the first homebuilder west of the Mississippi to meet the rigorous US Green Building Council standards for LEED Zero Certification, resulting in the design, construction, and sale of healthy, eco-friendly new homes that combine beauty, functionality, and sustainability, making them a transformative force in the real estate industry.

Real estate success isn’t just about wins – it’s about learning from your biggest failures.

In this eye-opening episode, the tables are turned on host Chris Lopez as he finds himself in the hot seat, answering probing questions from guest co-host Caitlin Logue. Caitlin, who recently transitioned from tech sales to real estate investing and is now on the investor relations team at Property Llama Capital, brings a fresh perspective as Chris’s mentee. Switching roles from his usual position as the show’s host, Chris gets candid about his entrepreneurial journey, sharing how he lost two years and significant income by failing to pivot his business model quickly enough. With brutal honesty, Chris breaks down the lessons learned and how they shaped his current approach to real estate investing and business management.

Chris reveals his three-step process for evaluating real estate deals and the surprising reason why getting your real estate license might actually hinder your investing career. He also shares the game-changing mindset shift that took him from focusing solely on residential properties to becoming asset class agnostic – a strategy employed by some of the world’s most successful investors.

But it’s not all business talk. Chris opens up about recent personal changes, including how becoming a father of three has reshaped his priorities and time management. He emphasizes the importance of enjoying the journey, not just chasing financial goals.

Whether you’re a newbie house hacker or a seasoned commercial investor, this episode is packed with invaluable insights on market pivots, management skills, and maintaining work-life balance in the fast-paced world of real estate. Don’t miss this chance to learn from both the triumphs and stumbles of a top player in the Colorado real estate scene.

(01:40) Pivoting Your Business with the Market

(12:29) Common Mistakes Real Estate Investors Make

(18:17) Making Difficult Business Decisions

(25:17) Finding Inspiration and Mentors

(28:00) Advice for Quitting a W-2 Job and Beginners in Real Estate

(42:01) Business Philosophy

(46:33) Mindset Shifts in Business and Personal Life

Caitlin Logue Email: [email protected]

Caitlin Logue LinkedIn

Property Llama Capital Website

Visit Property Llama

Want to know how a first-time build-to-rent community generated 20% higher rents than projected?

This game-changing project in Jenks, Oklahoma not only delivered on time and on budget during the chaotic post-COVID supply chain crisis, but also outperformed every metric in its underwriting except interest rates. The result? High single-digit to low double-digit cash-on-cash yields for investors.

Ryan Watts, co-founder of Red River Development, breaks down how his team turned a $30 million investment into a lucrative 138-home community that’s now generating strong distributions. With five successful build-to-rent projects under his belt, Ryan shares invaluable insights from his company’s very first development.

Discover:

Ryan’s step-by-step walkthrough of the entire process – from land acquisition to stabilization – provides a masterclass in build-to-rent development. Whether you’re an aspiring developer or a curious investor, this episode offers a look into the inner workings of a highly successful real estate venture.

Don’t miss this deep dive into a build-to-rent case study that proves the immense potential of build-to-rent.

(01:29) Buying the Land and Navigating the Zoning Process

(05:25) Completing the Project on Time and On Budget during COVID

(05:55) Exceeding Rent Projections and Generating Cash Flow

(12:06) Future Plans for the Community and Potential Sale

Interested in learning more about Red River?

Schedule a call with our team here!

Check out their website here

Red River Development is a vertically integrated real estate development company with a focus on developing and operating class-A build-for-rent residential communities under the management brand: Trulo Homes. A unique and growing space in the housing market, luxury rental communities provide the comfort and privacy of single-family homes with the convenience and amenities of high-end multifamily rentals. Red River sees extensive market opportunity in the Build-To-Rent (BTR) space throughout the Southern and Midwest U.S. with a substantial pipeline of developments planned to break ground later in 2024 and beyond. Red River is headquartered in Dallas, TX with a second office in Tulsa, OK.

Disclaimer: This podcast provides educational and informational content only. It does not constitute personalized financial, legal, or tax advice.

Think house hacking is dead in Denver’s high-interest market? It might seem impossible in today’s high-interest environment, but one savvy investor just showed it can still be done.
As Colorado’s real estate market continues to evolve, the age-old advice to “buy now or be priced out forever” takes on new relevance. This July market update explores how, even in a high-interest environment, savvy investors are finding ways to enter the market and build wealth through creative strategies like house hacking.
Jeff White, known for his impressive track record of living rent-free through creative real estate investing, recently closed on a $533,000 triplex in Denver with just 5% down. Despite a 6.75% interest rate, he structured the deal to live essentially rent-free.

The secret sauce? A combination of:

Here’s how the numbers break down:

Even more impressive? When Jeff eventually moves out, he projects nearly $20,000 in annual cash flow.

The takeaway? Don’t let high interest rates scare you away from house hacking. If House Hacking poster child Jeff White can still make it work in 2024, there are likely opportunities for other savvy investors willing to crunch the numbers and think outside the box.

Interested in following in Jeff’s footsteps? Connect with Jeff White to explore house hacking possibilities in your area. The dream of living for free while building wealth through real estate is still very much alive.

(01:20) Denver and Colorado Springs Real Estate Trends

(09:56) Success Story: Multifamily Deal in Denver

(18:27) Rental Property Deal in Colorado Springs

(27:17) Interest Rates and the Possibility of a Rate Cut

Nova Home Loans: https://troyhowell.novahomeloans.com

Email Troy Howell: [email protected]

Email Jeff White: [email protected]

For over 40 years, we’ve been focused on helping homeowners find the perfect loan to fit their financial needs and personal goals. Working with NOVA is a personalized experience from initial application to final loan closing and beyond. We will be with you every step of the way toward successful homeownership. Start working with NOVA & Troy Howell today!

NOVA FINANCIAL & INVESTMENT CORPORATION, DBA NOVA HOME LOANS NMLS 3087/ EQUAL HOUSING OPPORTUNITY/8055 EAST TUFTS AVENUE, SUITE 101/DENVER, CO