All Forum Posts by: Nathaniel Barre

Thanks guys, appreciate the tips!

Hello all, I am thinking of investing with around 100k as a down payment on a rental in the mountains. I am not looking for a vacation home, but for actual returns on an investment property, whether it be through short term rentals or long term. From what I've seen, it looks as though the costs and vacancies kill any potential profit. Am I right to avoid the mountains outside of Denver for immediate cashflow?

Thx!

Hello and a happy new year!

I'm looking for a Denver based 1031 exchange intermediary that can get me ready in 2 weeks. My rental property closes on the 14th of January!

Is there a directory of 1031 exchange service providers anywhere on Bigger pockets?

Cheers,
Nathaniel

Fabulous duplex located in the quaint town of La Veta, Colorado within walking distance of the heart of downtown. Could be used as an investment as both units are currently rented, a home for 2 families, or a single family residence with a rental unit used to supplement income. Net operating income before vacancy is $10,500. Cap rate is 7.5%.

Duplex consists of two 2br/1ba 782ft2 units. Current leases can be continued or terminated based on new owners preference.
Each unit currently rents for $555
Taxes are low! under $500/year
Insurance costs are around $500/year
Currently rented. Leases locked in through the end of January 2016 and the end of September, 2016. This is a very low maintenance property as the tenants are responsible for the yard. Freshly repainted units with updated electrical. Don't miss out on this great investment opportunity!

http://www.flexmls.com/link.html?15ateur146ch,2,1

It's Lake County, get used to it. The demographics of Lake County haven't changed considerably since the prisons in the Bay Area stopped giving free bus tickets to Lake County to ex-cons several years ago.

Hello, 

I've got a property for sale in the Southern Colorado mountain town of La Veta.  

It is listed at $145,000.  

Duplex: each unit has 2br/1ba.  

Fully occupied.  Rents of $555/mo each side.  Leases expire in August and January.  

Insulated crawl space, new paint, fairly new flooring. Washer and dryer in each unit. Mountain views and 4 blocks from main street La Veta.  Great local school.

http://www.realtor.com/realestateandhomes-detail/6...

Address is 601/603 E. Virginia, La Veta, CO 81055

Cheers, 
Nathaniel 

303.818.5756

Excellent info! Thanks!

Hello! I'm new to real estate investing and am assisting my parents with the sale of their triplex in Albuquerque, New Mexico. We listed the property on zillow, craigslist, loopnet, and a crappy sign in the driveway. Most interest came from the sign. Now offers are starting to come in and we are a little at a loss as to what to do.
As I understand it, a real estate attorney is what I need. Is that all?
Any recommendations for real estate attorneys in Albuquerque?
What should we expect from an attorney? Will they help with the negotiating, or just fill in the sales forms?
The triplex is the sole asset in an LLC.