All Forum Posts by: Christopher Johnson

Thanks for the reply Roger! That's definitely something to consider as well. I just measured (not a professional so unsure if I did it correctly) and from ground to bottom of soffit was ~11ft, and ground to top of roof shingle at highest point was ~17ft. According to the zoning doc, the max for U-SU-C is 17'/30', which I know you said they don't always allow the max. Our neighbors across the street on the corner have a pop top that was done in the 80s I think they said - it's at least 1.5 story, possibly a full 2? Not sure. I'll have to look into it with the planning dept. There's also another 1.5+ on the opposite corner, and what I believe to be a full two story conversion down the street as well. Don't see anything near us (with our zoning anyhow that's a full 2.5).

Hi all, I know there have been other topics on this but looking for info a little more specific to me.

I live in a 1949 Bungalow in Denver, CO that I'm thinking about popping the top on depending on cost. It's got a garden level basement that's finished (803 sq ft), main floor is also 803 sq ft. Property is zoned U-SU-C, which I THINK allows you to build up to 2.5 stories (at least that's how I read the top of page 19 (5.3-7))? I thought it was 1.5 stories max until looking at the zoning doc today, but maybe because I was looking at the ADU Form. We'd probably add 2 bed/2 bath, with a living space and possibly expand the rear of the home with a sunroom. This wouldn't be for investment/flip - we'll be here for a while so we'd want it done well with nice finishes. The current exterior is brick and we have pseudo city views out the front but only in the winter when leaves have fallen off. I'd want to take advantage and hopefully have city views year-round from the top. I think there is also the possibility of a rooftop deck? Not sure if I'd want to do that or not.

What's the current going rate per sq ft of add on average? ~$200-~$250?

https://www.denvergov.org/content/dam/denvergov/Portals/646/documents/Zoning/DZC/Denver_Zoning_Code_Article5_Urban.pdf

Was curious about peoples opinion on finding a tenant while we are still renovating.  Just closed on a property at the end of January and have been working on it since.  I am 100% confident that work will be complete by April 1.

Can I go ahead and start looking for a tenant?  Show it as-is for now and just let them know it will be complete?  Just don't want to have to pay a second months mortgage if I can avoid it.  I really think I'll be done in 1.5 to 2 weeks, but not sure if that will give me enough time to find a good tenant that needs short notice move in.

Related question, how long does it generally take you to find a tenant?  When do you start?

@Travis Sperr - See you there!

Hi everyone. I'm new to the site and learned about it in my quest to learn more about hard money financing. My wife and I would like to build our real estate portfolio and eventually become REI's full time. Thanks for reading and I hope to learn a lot in the coming years!

Hi all!  I'm new to the forum.  I am interested in learning more about hard money loans (both sides of the deal).  I'd like to know about the number break down, risks/rewards, how to find investors that lend, how to find properties that both sides can be happy about, how this method compares to other low/no money down options, timelines, legal, etc...

If anyone has any book or website recommendations please let me know!

Thanks,

Chris J.