Cash flowing within an hour of Denver

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Cash flowing within an hour of Denver

Account Closed
Member since 2019 · 7 posts · 8 votes

Hello All, I am looking at acquiring a buy and hold rental and hoping to find something that breaks even or cash flows within an hour of Denver so I can manage it myself. I realize this may not be easy. I am going to start looking in Greeley. Would love to hear some other suggestions and also open to finding a broker/lender who can help me in this process. 

Thanks!

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Lorenzo Prieto
Lender · Member since 2022 · 74 posts · 50 votes
4y

Hey Thatcher, that's awesome! I just purchased a property in Greeley and plan to purchase many more in the years to come. As I'm sure you are aware the market has shifted so homes are being priced more appropriately and I've also noticed more price reductions in Weld County. I'd be happy to refer you to some investment minded agents that work in the Greeley area. 

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  • David MackinBusiness Member
    Lender · Westminster, CO · Member since 2021 · 92 posts · 86 votes
    4y

    Hey @Account Closed I work with investors specifically in the Denver Metro area. I can certainly help you with analyzing different loan options and understanding break evens with different down payment amounts etc.

    I also know great agents in Denver that work specifically with folks like you. Happy to recommend. I'll shoot you a DM.

    [email protected]720-601-3429Podcast Guest on Show How to Get a Home Loan as a House Hacker, Investor, or First-Time Homebuyer
    2Reply
  • Lorenzo Prieto
    Lender · Member since 2022 · 74 posts · 50 votes
    4y

    Hey Thatcher, that's awesome! I just purchased a property in Greeley and plan to purchase many more in the years to come. As I'm sure you are aware the market has shifted so homes are being priced more appropriately and I've also noticed more price reductions in Weld County. I'd be happy to refer you to some investment minded agents that work in the Greeley area. 

    2Reply
  • Holly Baum
    Real Estate Agent · Loveland, CO · Member since 2016 · 85 posts · 26 votes
    4y

    Hi Thatcher,

    Greeley is still a great area for investments! Lets chat :)

    1Reply
  • Chad RockeBusiness Member
    Real Estate Agent · Denver, CO · Member since 2021 · 383 posts · 182 votes
    4y

    @Thatcher Glode

    Hey Thatcher, there are a couple ways to find cash flow in the Denver metro area. House hacking is one of them and can be in many different forms including rent by the room and short term rentals.

    I have 5 str’s in the area and help investors find proprieties that cash flow.

    Send me a DM and I’d love to chat more.

    Thanks,

    Chad Rocke

    [email protected]715-550-1731
    Rocke Real Estate Inc.548 Reviews
    WebsiteView Page
    0Reply
  • Ryan ThomsonBusiness Member
    Real Estate Agent · Colorado Springs, CO · Member since 2018 · 1k+ posts · 1k+ votes
    4y

    @Account Closed. He loves that cash flow life :)

    The Assumable Guy544 Reviews
    WebsiteView Page
    1Reply
  • Bonnie Griffin KaakePro Member
    Real Estate Consultant · Denver, CO · Member since 2021 · 666 posts · 389 votes
    4y
    Quote from @Account Closed:

    Hello All, I am looking at acquiring a buy and hold rental and hoping to find something that breaks even or cash flows within an hour of Denver so I can manage it myself. I realize this may not be easy. I am going to start looking in Greeley. Would love to hear some other suggestions and also open to finding a broker/lender who can help me in this process. 

    Thanks!

    Hey Thatcher, Greeley is a great place to be investing and the prices on available properties are more attractive than the close in Denver Metro area right now. I have several clients who are investing in that area with fantastic results. Many properties need a lot of TLC but it is worth it, especially with the large University campus right there. The upside is good and of course, you will want to leverage cost segregation on your purchase AND the Tangible Property Regulations for the improvements.  
    [email protected]303-475-4459
    0Reply
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