All Forum Posts by: Adam Kroll

just read your qualifying post. I don't know how to delete my other post.

Where in the Rockies are you looking? What type of properties? Short term rentals or long term? Something up in elevation or something in the front range?

You are getting your straight hustle on this year!  My 2016 is off to a great start as well.  What terms have you worked out with your private financiers?

Denver is in a bit of a cashflow crunch right now. It can be found, but it depends on what your expectations for ROI are. I can point you to some areas where the cashflow and appreciation potential could be higher, but they are not going to be a walk to LoDo. AirBnB and VRBO can both be useful websites if you're looking for short-term rental income.

0.5 Acre property in Commerce City

$180,000

Great opportunity for the right developer. This current zoning is residential, but highest and best is commercial. Seller willing to install taps and accept zoning change contingency. Busy corner lot!

http://www.recolorado.com/landlots-for-sale/8101-R...

What are the typical rent/property value ratios?  It sounds like you've done some good research.

Hey Adam, I am a real estate broker in Boulder and investor in Denver and Buffalo, NY.  I also work with a wholesaler that has his fingers in some smaller city markets such as Indianapolis, Memphis, KC, and more.  I cannot touch the cashflow numbers he gets in those cities out here, but I tend to believe that the appreciation in the Denver/Boulder markets will immensely eclipse the cash returns.  I'd like to sit down and chat to see what your thoughts are and see if we can help each other.

-Adam

Welcome to BP.  Let me know if there is any way I can help.

Hey Andrew, I'm based in Boulder and a real estate broker at KW.  I have buy and holds and have been working a few flips on the side.  Get in touch when you get into town!

Thanks Matt!  The S-corp was my thought for the tax reasons you have outlined.  Since I am an investor with several LLCs owning property, an umbrella S-corp to own all of the LLCs may be the best way to allocate income to the most advantageous taxable income category.