All Forum Posts by: Chris Lopez

The August 2022 Colorado market stats are out, and our roundtable is back to discuss all the trends. A boost in inventory is helping buyers, but should they be worried about too much leverage? Watch the episode to hear what we think about today's real estate market.

There are three ways to get the details for this episode #410:

• 🎧 Listen to it on the "Denver Real Estate Investing" podcast
• 🎥 Watch the YouTube video
• 🖥 Read the Blog post

Enjoy!
Chris


Chris Lopez
Investor-Friendly Realtor
Envision Advisor
303-548-0846

Are you interested in starting a real estate business? Have you done a lot of deals but need help taking it to the next level? Terrance Doyle joins us to talk about the launch of his new community, Value Tribe. By signing up, you'll get access to a community of like-minded real estate professionals, mentorship from pros, and exclusive materials.

Watch the episode to learn more, and go here to sign up: https://valuetribe.terrancedoyle.com/landing

There are three ways to get the details for this episode #409:

• 🎧 Listen to it on the "Denver Real Estate Investing" podcast
• 🎥 Watch the YouTube video
• 🖥 Read the Blog post

Enjoy!
Chris

Chris Lopez
Investor-Friendly Realtor
Envision Advisor
303-548-0846

In 2021, the Denver City Council passed a new ordinance requiring a Residential Rental Property license for residential rental property in the City and County of Denver. This program is designed to proactively enforce minimum housing standards to ensure all renters in Denver have safe and sanitary housing. The program requires landlords in Denver to obtain a license from the city in order to offer, provide, and operate a residential rental property.

Licensing starts in 2023! Join us to get all the details. Guest Brittney Vernon will also join the discussion.

Webinar Time: Thursday, October 13th at 12pm MDT

• - Register:  Here!

Chris Lopez
Investor Friendly Realtor
Envision Advisors
303-548-0846

Leah and Jenny discuss a fourplex in Colorado Springs that's a self-manager's dream. The townhouse-style units are popular with tenants and yield impressive returns--even with today's high-interest rates. Watch the video to see them break down the numbers.

There are three ways to get the details for this episode:

• 🎧 Listen to it on the “Colorado Springs Real Estate Investing” podcast
• 🎥 Watch the YouTube video
  
• 🖥 Read the blog post

Enjoy!
Chris

Chris Lopez
Investor Friendly Realtor
Envision Advisors
303-548-0846

Is it possible to get better returns by trading down? 

Jeff White joined me to explain how he gets more cash flow and fewer headaches by utilizing a 1031 exchange to trade his underperforming fourplex for two single-family homes.

There are three ways to get the details for this episode #408:

• 🎧 Listen to it on the "Denver Real Estate Investing" podcast
• 🎥 Watch the YouTube video
• 🖥 Read the Blog post

Enjoy!
Chris

Chris Lopez
Investor-Friendly Realtor
Envision Advisor
303-548-0846

@Jake Ferris

It depends!

Cost Segregation Study for Significant Tax Saving

I did a cost segregation study for my four rental properties and found it’s a good way to front-load tax depreciation benefits. Instead of having to spread depreciation evenly over the next 27.5 years for most properties, it’s possible to front-load them to get a huge tax write off on year one.

The table below gives a breakdown of how cost segregation front-loaded depreciation. Each study cost $2,500.

With the current tax rules, bonus depreciation is currently 100%. Which means that the total segregated costs can be front loaded and used in one year. The amounts are raw dollar depreciation and need to be multiplied by your tax bracket to estimate the savings. For example, $89,578 * 35% = $31,352 in potential tax savings. That’s huge!

The fourplex was purchased in 2019 via a 1031 exchange. It’s important to note that I did the cost seg two years after the property was purchased. Since it was a 1031 exchange, I had a lower basis.

Front loading the depreciation means that I’ll have less depreciation in future years. The table below compares future annual depreciation write off between doing a cost segregation study and not doing one. How much future tax benefit will I lose?

Do I care about the lower depreciation difference in year 5? Year 10? Year 24? No, I don’t. I’d rather have the depreciation today in a large chunk, rather than smaller amounts in future dollars. I want the dollar today to invest.

Check out @James Orr's NCREIG (Northern Colorado Real Estate Investing Group)

One of the smartest people I know with amazing content and knowledge. Solid investor and Realtor up there. 

@James Orr

How did VareCo execute its biggest deal to date during the pandemic? Terrance joined me to talk about how a 41-unit apartment building in North Denver generated the most profit yet. Watch the episode to learn how they did it, and what Terrance plans to do next.

There are three ways to get the details for this episode #407:

• 🎧 Listen to it on the "Denver Real Estate Investing" podcast
• 🎥 Watch the YouTube video
• 🖥 Read the Blog post

Enjoy!
Chris

Chris Lopez
Investor-Friendly Realtor
Envision Advisor
303-548-0846

Is it better to directly own an investment property or passively invest in real estate? Lon Welsh joined me to break down the risks and rewards of each approach, and explain how the current economic cycle might impact your decision.

There are three ways to get the details for this episode #406:

• 🎧 Listen to it on the "Denver Real Estate Investing" podcast
• 🎥 Watch the YouTube video
• 🖥 Read the Blog post

Enjoy!
Chris

Chris Lopez
Investor-Friendly Realtor
Envision Advisor
303-548-0846

It’s never too early to start your investing journey! That’s why our guest Miller started looking for the perfect Colorado Springs house hack before he finished college. Now, he and his wife are settled in and well on their way toward their long-term goals. Watch the episode to hear his story, and find out how he’s taking a creative approach to maintaining privacy while living with roommates.

There are three ways to get the details for this episode #99:

• 🎧 Listen to it on the “Colorado Springs Real Estate Investing” podcast
• 🎥 Watch the YouTube video
  
• 🖥 Read the blog post

Enjoy!
Chris

Chris Lopez
Investor Friendly Realtor
Envision Advisors
303-548-0846