Family Friendly Outskirts of Denver, CO
Banker · Member since 2023 · 26 posts · 12 votes
Family Friendly Outskirts of Denver, CO
Most Popular Reply
Chad RockeBusiness Member
Real Estate Agent · Denver, CO · Member since 2021 · 383 posts · 181 votes@Bart Van Leijsen
Hey Bart,
Some areas you may want to consider are: Arvada, wheat ridge, highlands ranch, Littleton, centennial, lone tree. Going north Thornton Northglenn and Broomfield could also be of interest to you.
I am an agent in the Denver metro area. I have 7 investment properties and 8 short term rental arbitage units in az.
Let me know if you have any other questions. I love that you are thinking about getting a home then keeping it as a rental, in my opinion real estate is the best way to create generational wealth.
Rocke Real Estate Inc.547 Reviews
10 Replies
- 3yChad RockeBusiness MemberReal Estate Agent · Denver, CO · Member since 2021 · 383 posts · 181 votes
@Bart Van Leijsen
Hey Bart,
Some areas you may want to consider are: Arvada, wheat ridge, highlands ranch, Littleton, centennial, lone tree. Going north Thornton Northglenn and Broomfield could also be of interest to you.
I am an agent in the Denver metro area. I have 7 investment properties and 8 short term rental arbitage units in az.
Let me know if you have any other questions. I love that you are thinking about getting a home then keeping it as a rental, in my opinion real estate is the best way to create generational wealth.
Rocke Real Estate Inc.547 Reviews - Banker · Member since 2023 · 26 posts · 12 votes3y
Quote from @Chad Rocke:
@Bart Van Leijsen
Hey Bart,
Some areas you may want to consider are: Arvada, wheat ridge, highlands ranch, Littleton, centennial, lone tree. Going north Thornton Northglenn and Broomfield could also be of interest to you.
I am an agent in the Denver metro area. I have 7 investment properties and 8 short term rental arbitage units in az.
Let me know if you have any other questions. I love that you are thinking about getting a home then keeping it as a rental, in my opinion real estate is the best way to create generational wealth.
Thank you, Chad!
What trends have you seen in the Littleton / Highland Ranch areas? These are 2 areas we have been looking at but seems to be at the top of our price range +-$600k.
Are properties still selling really fast or have you seen slowdown due to rates and economic uncertainty?
- Developer · Boulder, CO · Member since 2018 · 530 posts · 365 votes3y
@Bart Van Leijsen Hey Bart come have a cuppa coffee with me in Longmont
- Banker · Member since 2023 · 26 posts · 12 votes3yHey Barry, thank you for reaching out!
Quote from @Barry Ruby:
@Bart Van Leijsen Hey Bart come have a cuppa coffee with me in Longmont
We currently live in Mississippi. Hopefully take a trip out there this fall to check-out some areas.
I see that you are a developer. What asset type? - 3yBen RhodinBusiness MemberRealtor · Denver, CO · Member since 2020 · 338 posts · 331 votes
Hey @Bart Van Leijsen! Glad to hear that you are moving out to our neck of the woods. @Chad Rocke hit most of the areas in the Denver metro that we recommend. Most of the Denver area is pretty family oriented and friendly, but I would say most of the newer communities south of Denver are your best bet, Centennial, Littleton, Highland Ranch, and even Parker. They won't be the best as far as Investment properties right out the gate, but they will continue to appreciate and grow for you in the years to come. If you want to maximize your investment potential, you'll have to sacrifice some of your comforts up front.
As for the market here currently, it is still very active, but it is property dependent. We are still very low on inventory, but buyers are more reasonable and slow in today's market. So things that are a bit rougher, and not priced right will sit, but most things that are priced right, and marketed well are gone in a weekend with multiple offers. Overall the market is back to trending upwards since the start of 2023. - Developer · Boulder, CO · Member since 2018 · 530 posts · 365 votes3y
Quote from @Bart Van Leijsen:
Hey Barry, thank you for reaching out!Quote from @Barry Ruby:
@Bart Van Leijsen Hey Bart come have a cuppa coffee with me in Longmont
We currently live in Mississippi. Hopefully take a trip out there this fall to check-out some areas.
I see that you are a developer. What asset type?Thanks for asking, I started my development career with a then start-up company called Taco Bell. Got hired by a shopping center developer to do build-to-suits on freestanding pads and inline small tenant leasing. Became a shopping center developer, branched out into high-rise mixed-use, office/industrial, multifamily, and lots of land deals. 15 years ago I transitioned into renewable energy and started a company to build utility-scale solar farms. I remain a partner with the company which my 2 partners run today. I have chosen to spend the rest of my professional life teaching Financial Literacy, pro forma modeling, and ground-up development.
Please tell me a bit about yourself, and feel free to reach out to me if I can ever be of any assistance to you Bart.
- Member since 2022 · 26 posts · 14 votes3y
I'd keep it as close to the mountain range as possible. You can get a decent entry level home for almost the same price as what you'd get in an area east of say....littleton at this point. There's always a lot of traffic heading into the mountains on the weekend so it seems like it would be a good selling point.
- Banker · Member since 2023 · 26 posts · 12 votes3yThat is great Barry! Thank you for sharing.
Quote from @Barry Ruby:
Quote from @Bart Van Leijsen:
Hey Barry, thank you for reaching out!Quote from @Barry Ruby:
@Bart Van Leijsen Hey Bart come have a cuppa coffee with me in Longmont
We currently live in Mississippi. Hopefully take a trip out there this fall to check-out some areas.
I see that you are a developer. What asset type?Thanks for asking, I started my development career with a then start-up company called Taco Bell. Got hired by a shopping center developer to do build-to-suits on freestanding pads and inline small tenant leasing. Became a shopping center developer, branched out into high-rise mixed-use, office/industrial, multifamily, and lots of land deals. 15 years ago I transitioned into renewable energy and started a company to build utility-scale solar farms. I remain a partner with the company which my 2 partners run today. I have chosen to spend the rest of my professional life teaching Financial Literacy, pro forma modeling, and ground-up development.
Please tell me a bit about yourself, and feel free to reach out to me if I can ever be of any assistance to you Bart.
I know solar farms have become more and more popular and will only grow over the next few years with the focus of renewable energy.
I am originally from The Netherlands and came to the US to play college tennis. Met my wife and we currently live in MS. Working in Commercial Real Estate for a bank here which has been awesome. Great exposure to a wide variety of markets / asset classes.
- Member since 2023 · 1 post · 0 votes3y
Quote from @Barry Ruby:
Quote from @Bart Van Leijsen:
Hey Barry, thank you for reaching out!Quote from @Barry Ruby:
@Bart Van Leijsen Hey Bart come have a cuppa coffee with me in Longmont
We currently live in Mississippi. Hopefully take a trip out there this fall to check-out some areas.
I see that you are a developer. What asset type?Thanks for asking, I started my development career with a then start-up company called Taco Bell. Got hired by a shopping center developer to do build-to-suits on freestanding pads and inline small tenant leasing. Became a shopping center developer, branched out into high-rise mixed-use, office/industrial, multifamily, and lots of land deals. 15 years ago I transitioned into renewable energy and started a company to build utility-scale solar farms. I remain a partner with the company which my 2 partners run today. I have chosen to spend the rest of my professional life teaching Financial Literacy, pro forma modeling, and ground-up development.
Please tell me a bit about yourself, and feel free to reach out to me if I can ever be of any assistance to you Bart.
Hi All,
Thanks for the above conversation, found that very useful. I believe I am in similar boat as Bart. I live in NYC area and planning to move to Denver area as my sister family lives here for long time. As the move is not immediate my plan was to buy a single family, rent it out and then move in a year or two. But the pricess went up and also the mortgage rate. For someone in my position, would you recommment wait in the sidelines for a while or any other suggestions?
Barry: I am here in Longmont with my sister family until this saturday (for a short trip) and love to catchup if you are around this area. - House Hacking Specialist · Denver, CO · Member since 2016 · 411 posts · 396 votes3y
@Arunmozhi Varman This is a question I receive quite often, especially with the recent rate hike last week. IF you are ready to move, I would not wait on the sidelines until rates go down for 2 reasons:
1. Who knows how long you could be waiting. Could be 2 months. Could be 2 years.
2. Everyone and their bother are doing that same thing. Once rate touch 5.999%, there will be a mad rush into the market and we will be right back in a bidding ware like we were in 2021.
By now. Refinance later.
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