Click here to read the blog post and go to the podcast page.

We have also built in a certain degree of redundancy because we like to take vacations too. The redundancy ensures that your property search and purchase continue regardless of whatever happens, even a pandemic.

The bottom line is that teams win championships. The same is true in business and real estate investing.

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Our new Portfolio Analysis Division is a game changer. Our goal with this innovative service is to help clients first envision and identify their long-term goals. We then advise and counsel them on the best path forward to achieve their goals through annual rental portfolio reviews.

Basically it’s designed so you can win at real life Monopoly.

There’s a lot more to winning real life Monopoly than advancing to “Go” and collecting $200. Our Portfolio Analysis was designed to help you win by tracking, optimizing and trading up from a green house to a red hotel via a 1031 exchange.

It all starts with your Initial Portfolio Analysis Meeting. The initial meeting happens after you close on your first property with us or if you have an existing portfolio that needs to be reviewed and optimized. You’ll meet with our Chief Investment Officer, Chelsea Scott.

Chelsea’s role is to gather your goals, property operating data and other relevant financial information to start inputting it into our custom built spreadsheet. This spreadsheet is nothing like you’ve seen before!

This spreadsheet is a complex beast!  There are over 50 tabs of which we will walk you through the main three tabs in the spreadsheet.

It all starts with the “Financial Summary” tab to get a complete picture of your real estate properties, reserves, and cash for investing. We’ve nicknamed this the “Financial Reality Check” tab to give you an accurate picture or a reality check.

You can click on the screenshot below for a higher resolution image.

The red stop signs are a reminder for you to hold sufficient reserves. It’s a matter of WHEN, not IF, you get a curveball or two. We want to be prepared and ready for those curveballs by having cash in the bank.

Accurately tracking your investment property performance is easier said than done for most investors. Our spreadsheet tracks the performance of each property separately. This allows us to run future scenarios for maximizing its individual return and determine how it impacts the overall return of the portfolio.

A picture is worth a thousand words, so click on the image to check it out!

Impressive tracking! Well, that’s because Chelsea has an impressive background that ranges from servicing commercial loans, to land acquisition for a major builder, to analyzing and writing reports for institutional multifamily projects.

This is our favorite part of the spreadsheet, because it tracks your progress to your cash flow goal. It tracks it from the current cash flow plus the NOI cash flow from paid off properties.

This is how you track and know when you WIN at real life Monopoly!

Hopefully you’re realizing that our Portfolio Analysis service is powerful and much needed for real estate investors. What makes it even better is that it integrates with our Investor Friendly Realtor Division, so you can go from planning and strategizing to buying and selling the right properties to meet your goals.

Envision Advisors is a new type of real estate firm. One designed to help you envision and execute your path to financial freedom in the Denver and Colorado Springs markets.

Is our spreadsheet perfect yet? Nope, not even close. We’re just beginning and are building out a new niche in the real estate investing community.

We have more ideas to implement into the spreadsheet and our Portfolio Analysis. We geek out on this stuff, because we love it. We’re investors ourselves and understand what investors want and need. Be on the lookout for a lot more updates, content, and education!

Our Portfolio Analysis is currently free and only available to our clients. If you’re interested in becoming a client to access our Portfolio Analysis services, then schedule your investment consultation.

It’s easier to show you what our Portfolio Analysis is, so watch the YouTube video below. Chelsea Scott and I walk you through our custom-built spreadsheet and the process that our clients go through using the most common long term cash flow goal of achieving $10,000/month of passive cash flow from real estate.

At Envision Advisors, we specialize in helping people buy rental properties in Denver and the Springs. Whether you’re a first time buyer looking to start your investing career with a condo rental purchase or you’re ready to trade up to a 5 unit multi family, we can help.

Our Investor Friendly Realtors are knowledgeable in the various techniques listed below and work with our clients to help them determine and implement the strategy that suits their needs and goals.

Listen to the podcast below to find out how we help real estate investors use these strategies to build their rental portfolios.

We also offer a Portfolio Analysis service to our clients to help them first envision and identify their long-term goals. We then advise and counsel them on the best path forward to achieve their goals through annual rental portfolio reviews.

At Envision Advisors, we’ve put together a highly skilled team and developed a specific process to better serve our investor clients. From the moment you reach out to us, you can be confident that you are taking a significant first step toward building your dream portfolio. Each individual on our team and our process will guide you along that journey.

The traditional real estate agent model is out-dated and inefficient. It is impossible for one person to be an expert at every step of the process. Our organizational structure has everyone on our team working in their specific wheelhouse. Rather than one person, you have a firm of talented people working on your behalf.

From the agents that are involved in your first call with us to our contract specialist and our lender partners, everyone is working efficiently and effectively within their sphere of expertise to move you toward your goal of buying your first (or fifteenth) investment property.

This is a short exploratory phone call to introduce yourself and your goals.  We want to get to know you, learn what your investing situation is and how we may be able to work together.

This is your homework before the investment strategy consultation. It typically includes answering a few questions around your finances and goals and reviewing educational materials. This prep work leads to a productive investment strategy consultation. 

You and the team will sit down to discuss your goals, answer your questions, and clarify your long-term investing strategy. You’ll walk away with a clear action plan.

The rubber meets the road in our onboarding process since we’re going from strategy to walking properties. Our onboarding process typically focuses on:

As we walk and analyze properties, you’ll hit a tipping point that makes you feel confident and clarifies the type of property, location and desired return.

At this point, you and our team are dialed in and on the same page. It’s time to start the hunt! We’ll keep analyzing and walking properties until we find one that passes the “sniff test.” You’ll never have all the facts and details on a property before submitting an offer to buy it. We focus on making sure properties pass our “sniff test.” If it does, we put an offer in and hopefully get it under contract.

The due diligence phase of the contract is where we’ll help you peel back the onion to get as many details about the property as possible. As we gather all the information, we’ll do a final underwriting of the property to make sure it’s the right fit for you.

Congratulations when you make it to the closing table! We try to provide closing gifts that are useful. Don’t expect a bottle of wine and a cute cutting board from us. Rather, you can expect a lease (standard or room-by-room) drafted by our lawyer if you’re self-managing. If you’re house hacking, we’ll connect you with our house hacking coach who can help you set up your house hack and get it rented. We’ll also sit down and do a portfolio analysis with you as well which is the ultimate closing gift!

During your first portfolio analysis meeting, our team will start building out your real estate portfolio spreadsheet. This is our custom built spreadsheet designed to start tracking the performance of your properties and your journey for achieving your long term cash flow goal. Plus a whole lot more!

Our process has been carefully developed and perfected to maximize success for our clients. We have found that by following these steps, our clients can successfully transition from passive learner to active real estate investor.

For a detailed discussion of what is involved in each of these steps, listen to the podcast (below).

If you would like to take the first step toward achieving your real estate financial goals, schedule a Discovery Call with us today!

We chose our new company name, because it allows us to better represent our business to our clients.

The name Envision Advisors encompasses what we do which is help people envision their path to financial freedom through real estate investments and advise them on how to achieve their long-term goals of passive income and wealth building generated by their rental portfolio. As a result, we have carved out two main divisions within Envision Advisors: our Investor Friendly Realtors Division and our Portfolio Analysis Division.

Envision: Imagine and visualize your future possibilities

Our Investor Friendly Realtors Division represents our existing core business that assists our clients in buying and selling investment properties in the Denver and Colorado Springs markets. Our agents are experts in:

The value we offer to our clients goes beyond just helping them find and purchase a rental property. Learn about our unique client onboarding process that helps you create and execute your investing strategy.

If you’re serious about achieving financial freedom through real estate investing, you’re not looking to just buy one rental property and call it quits. You are working towards the end game of a cash flowing rental portfolio that generates passive income which translates into early financial independence and the achievement of other milestone life goals.

Our Portfolio Analysis Division is a game changer. Think of it as a financial planning service for your real estate portfolio. This innovative, value add service helps clients track, strategize and optimize their real estate portfolio.

It was created, because we saw a need!

Our goal with this division is to help new and existing clients envision and identify their long-term goals. We will then advise and counsel them on the best path forward to achieve their goals through annual rental portfolio reviews.  The reviews help our clients revisit their long-term goals, evaluate the effectiveness of their efforts and revise their strategies to help them stay on track. We have expanded our team and developed proprietary techniques and spreadsheets to help in this process.

Our Portfolio Analysis is like playing real life adult Monopoly by identifying and executing on opportunities to go from one green house to a red hotel.

To all our clients, we will be reaching out soon to schedule your initial portfolio review!

What this means for our existing clients is that we will continue to offer the same core Investor Friendly Realtor services you’ve come to expect with expanded capabilities and processes all designed to serve you better and help you build your rental portfolio in Denver and Colorado Springs.

As we transition, we’d like to take some time and thank our loyal clients and associates. Without you, this would not be possible and we look forward to a successful future with all of you. 

This property closed Q3 – 2020.

Read about the deal quadrant and finding Denver Investment Properties.

For the location and condition of this property this was a solid deal and as you’ll see in the analysis, with a little bit of updating and better management this will be a low 6% CAP in Aurora that will benefit greatly from all of the development and Opportunity Zone work going on in the area.

Here is our latest property manager update on the Denver market for August and September 2020.

For the complete discussion and details, listen to the podcast (player at bottom of page) or watch the individual videos!

Aerowood manages 400 doors in the Denver metro area. Their portfolio consists of mainly condos, townhomes, and single family homes. They also manage a few small multi family units.

Website: rentawpm.com

Legacy Property Management has been in business for about 6 years and focuses on single family homes. They also have a few condos and small multi family units in their portfolio. They have properties as far south as Castle Rock and as far north as Broomfield and Thornton. The majority of their properties are located in Highlands Ranch, Parker, Littleton, and Golden. They offer leasing and full property management services.

Website: Legacypmco.com

GK Homes manages properties in 5 national markets and specifically in Colorado they manage properties in Denver, Boulder, and Fort Collins. They have a portfolio in Colorado of about 700 doors and range from single family homes, to small multi units, and apartment buildings up to 49 doors.

Website: GKHouses.com

This is the first episode in our new Virtual Happy Hour Series hosted by Terrance Doyle and Chris Lopez!

The goal with this series is to kick back, grab a drink, and meet new people who are involved in Denver real estate in one form or another. We invite you to join us to virtually network while COVID is keeping us socially distanced.

Our guest for this first episode is Brandon Gill, co-founder of Urban Land Acquisitions and one of the ultimate real estate hustlers in Denver. He knows how to find some of the best off-market deals in the city and shares some of what he is seeing in the current environment as well as how his business has evolved over the last 15 years.

We talked about all things Denver real estate with a focus on COVID’s impact and Brandon’s experience centered around doing development deals, single family value add, and multi family value add opportunities.

Join the next Virtual Happy Hour Live on Facebook or Instagram and bring your questions. Check our calendar to see when the next one is scheduled.

If you would like to be a guest on a future episode, reach out – [email protected]

The Denver MLS trends data for September 2020 is out. Comparing year over year (September 2019 to September 2020) is better than comparing the previous month, because we have defined seasonality trends.

Listing Count (inventory)

New Listings in September

Showing Traffic

Under Contract Count

Closed

Price

Days on Market

Normally we’d see a slow down for a presidential election, but there sure is not evidence of that this time around.

Source: The above executive summary is from Lon Welsh of Your Castle Real Estate.

A recent article indicates that council members are starting to push for rezoning individual neighborhoods that want Accessory Dwelling Units (ADUs) starting with Chaffee Park. Sloan’s Lake and East Colfax are next on the list.

In summary, it does not seem they will rezone the entire city for ADUs.  However, any individual can petition for rezoning of their lot if they want an ADU for a $1000 fee and additional costs that the city may charge. Most of these petitions are being approved.

Below is a chart from the Wall Street Journal this morning.  Of all of the people that took a forbearance,  4% have had their payment holiday expire and could not re-start payments and are now actively delinquent. 

This supports our hypothesis that this would not lead to a material number of short sales and foreclosures.  At least in Colorado, most of the people in that 4% bucket will have a lot of equity and should be able to sell their home without distress.