Denver Investment Real Estate

Chris Lopez - Denver Investment Broker

Denver Real Estate Investing Podcast

  1. 1d ago

    #628: The Battle Over Colorado's Eviction Legislation in 2026

    Two Colorado eviction bills came dangerously close to reshaping how rental property owners operate across the state in 2026. One would have capped evictions at 5 cases per county per month. The other would have required landlords to attach 60-to-80-page leases to every notice served. Both were defeated, but the same ideas are already being redrafted for 2027. Host Chris Lopez sits down with Vic Sulzer and Jonathan Carlson from TSM Law, and Matt La Crue and Ellie Reynolds from Purple Label Government Solutions, the bipartisan lobbying team representing the Colorado Workforce Housing Coalition at the Capitol. Together they break down how the last session played out, why 10 moderate Democrats termed out changes everything, and what a Phil Weiser governorship likely means for housing providers. The group walks through HB 1047, which would have permanently suppressed eviction records and let tenants deny prior evictions on rental applications. They also cover HB 1106, which proposed blocking eviction service during any period below 32°F, above 90°F, or with substantial snow or rain accumulation, leaving roughly 4 months a year when landlords could actually file. The conversation gets into the state’s $1.5 billion budget deficit, the migration patterns that shifted Colorado’s political makeup, why small owners (who make up roughly 50% of the market) are quietly exiting the rental pool, and what rent control could look like under a governor who has already said he’s going after corporate landlords. In This Episode We Cover: Why HB 1047 would have produced the equivalent of two Empire State Buildings of printed leases every year The 4-month window when evictions could actually be filed under HB 1106 How Colorado Poverty Law drafts and markets tenant legislation Why Colorado’s political makeup shifted after COVID migration What a supermajority in both chambers would mean for housing bills in 2027 How the Attorney General’s Office adds another layer of risk for housing providers Why joining the coalition matters more before a session than after If you own rental property in Colorado (or are thinking about it), this is one of the more important conversations you’ll hear this year. Subscribe for weekly Colorado real estate investing content, and check out the resources below to get involved with the coalition. Watch the Youtube Video https://youtu.be/Kw3yP5xxZ-0 Timestamps 00:00 Welcome and Guest Introduction 01:36– What the Colorado Workforce Housing Coalition Does 02:49 – 100 Years of Stable Landlord Law Before COVID 04:25  – Why the Coalition Formed and Who It Represents 06:59 – 2026 Session Recap and Political Dynamics 09:18 – $1.5 Billion State Budget Deficit Drives the Agenda 13:03 – How Migration Patterns Shifted Colorado Left 17:18 – Phil Weiser’s Track Record on Landlords and Towing 21:33 – Moderate Democrats Losing Primary Races 22:27– What a 2027 Supermajority Would Mean for Housing 25:24– HB 1047 Breakdown (Lease Attachments and Suppressed Records) 31:21– How HB 1047 Died in Committee by a Narrow Margin 39:26– HB 1106 Eviction Caps and Weather Restrictions Explained 43:30– Small Owners Exiting the Rental Pool 46:00- Rent Control Expected to Return in 2027 51:52 – Jenna Griswold and the Attorney General Race 55:15 – How to Join the Coalition and Get Involved Links in Podcast Colorado Workforce Housing Coalition-become a member and help fight future housing legislation Purple Label Government Solutions-Matt La Crue and Ellie Reynolds Tschetter Sulzer Muccio (TSM Law)– Vic Sulzer and Jonathan Carlson HB26-1047 (Protections for Residential Tenants) HB26-1106 (Eviction Protections for Tenants) Colorado Poverty Law Project – the tenant advocacy group referenced as drafting housing legislation Colorado General Assembly – track future bills and legislative sessions

  2. Aug 4

    #627: Chad McWhinney on 35 Years Behind Denver's Most Iconic Projects

    Chad McWhinney has been building in Colorado for more than three decades. As co-founder and CEO of Realberry, formerly McWhinney, Chad has helped shape some of the state’s most recognizable places. In fact, his portfolio includes Denver Union Station, Dairy Block, the Crawford Hotel, and Centerra in Northern Colorado. In this conversation with Chris Lopez, Chad walks through his origin story, the philosophy behind the firm, and the vision guiding Realberry’s next chapter. Chad and his brother Troy co-founded what is now Realberry after Chad moved from Southern California to Loveland at age 19. From there, the conversation traces the story behind Centerra. Specifically, it covers putting options on Loveland farmland in the early 1990s and closing on 3,300 acres through Farm Credit Services in 1997. Next, it moves through the eleventh-hour partnership that brought the McWhinney family into Denver Union Station. Along the way, Chad also explains how the firm thinks about asset allocation and why long-hold, aligned capital produces better real estate outcomes than short-term institutional capital. Today, Realberry is one of Colorado’s most established privately-held real estate platforms. For example, the firm has earned ULI Awards of Excellence at both Denver Union Station and Dairy Block, and Michelin Keys recognition at the Crawford. In addition, the firm is backed by roughly 300 long-term investors, many of whom have been with the firm for over 30 years. Notably, Realberry also locked approximately $1.7 billion in long-duration debt at near-zero rates before COVID, protecting investor capital through the current rate cycle. Overall, the recent rebrand from McWhinney to Realberry reflects the firm’s move to broaden investor access. Beyond that, Chad shares his read on Colorado’s evolving legislative environment. Ultimately, he closes with his view that tokenization will eventually give individual investors direct access to institutional-grade real estate. In This Episode We Cover: The origin story behind Realberry and how Chad ended up in Colorado Assembling 3,300 acres in Loveland through a patient land-option strategy The public-private partnership behind Centerra How Realberry became part of the Denver Union Station and Dairy Block redevelopments Chad’s read on Colorado’s multifamily supply cycle and the current market Where growth is concentrated in Northern Colorado The Realberry rebrand and the firm’s long-view capital thesis Why family capital builds better real estate than institutional capital Stay tuned for upcoming episodes featuring Realberry’s leadership team and behind-the-scenes property walks through some of Denver’s most recognizable developments. Watch the Youtube Video https://youtu.be/z3y_DqgDKdY Timestamps 00:00 Welcome and Guest Introduction 01:10 From Southern California to Colorado 05:21 Assembling 3,300 Acres in Loveland 09:50 Building Centerra 14:12 The Denver Union Station Partnership 25:54 Portfolio Approach Across Asset Classes 27:50 Colorado Multifamily Outlook 32:03 Colorado Legislative Environment and Capital Sentiment 36:11 Northern Colorado Growth 38:50 The Realberry Rebrand 41:41 Tokenization and Investor Access 47:12 Long-Hold Capital and Placemaking 51:49 Closing and Upcoming Episodes Links in Podcast Realberry Website: https://www.realberry.com Portfolio: https://www.realberry.com/portfolio LinkedIn: https://www.linkedin.com/company/realberryinvest Instagram: https://www.instagram.com/realberryinvest Investor inquiries: ir@realberry.com Chad McWhinney LinkedIn: https://www.linkedin.com/in/mcwhinneychad/ Books referenced in the episode The Warren Buffett Way by Robert G. Hagstrom Rich Dad Poor Dad by Robert Kiyosaki Who is Realberry? Realberry, formerly McWhinney, is a Denver-based real estate investment, development, and management firm founded in 1991 by brothers Chad and Troy McWhinney. For nearly 35 years, the firm has focused on creating places people love, with a portfolio spanning master-planned communities, multifamily, hospitality, industrial, and mixed-use developments. Its work includes Denver Union Station, Dairy Block, the Crawford Hotel, and Centerra, and has earned ULI Awards of Excellence, Michelin Keys, and U.S. News Best Hotels recognition. Realberry is family-founded, community-centered, and future-focused.

  3. Jul 28

    #626: The Denver Market Story the Averages Are Hiding | Q2 2026

    In Q2 2026, 5 of 6 Denver detached home segments posted negative price growth. Only homes above 2,991 square feet were positive, up 1.6%. That’s the kind of detail that gets averaged out when you only look at metro-level numbers, and it’s the reason this Q2 2026 Denver real estate recap goes segment by segment through Your Castle Real Estate’s quarterly trends packet. Chris Lopez walks through Your Castle’s Q2 2026 Denver Metro Trends packet in this solo episode. This isn’t a monthly market snapshot. It’s a quarterly deep dive that goes underneath the metro average to show where the real Q2 price action was happening. When you break the detached market into six size buckets, the smaller homes were down 2 to 3% while only the largest segment held positive ground. On the condo side, units under 750 square feet were down 12% while the largest condos held flat. That’s why flippers Chris talks to shifted toward $800,000 and million-dollar-plus homes through the first half of 2026 rather than hunting the entry-level market. Chris also walks through the 50-year log-scale view of Denver home prices, comparing today’s slow correction to the harder resets of the GFC and the 1980s, and closes with a pricing lesson from Q2 transaction data. In This Episode We Cover: Why this Q2 recap is a quarterly deep dive rather than a monthly panel update The six detached home segments where 5 of 6 were negative in Q2 Why the only positive detached segment was homes above 2,991 square feet The condo breakdown where units under 750 square feet fell 12% Why flippers shifted toward $800K and million-dollar homes Where Denver home prices sat on a 50-year log scale after Q2 How today’s correction compares to the GFC and 1980s resets Why priced-right homes sold in 12 days and mispriced ones took 68 The Q2 2026 Denver real estate recap from Your Castle’s data shows a segmented market where the pressure sat almost entirely on smaller detached homes and small condos, while the largest homes held or gained. Whether you’re a buyer, seller, or holder, this recap gives you the segment-level read on what actually happened in Q2 and where the openings showed up. Watch the Youtube Video https://youtu.be/ounSxyjILOE Timestamps 00:00 Intro 02:11 – The Denver inventory surprise that caught Chris off guard 04:22 – Why the metro average is hiding the real Q2 story 05:11– The only home size that gained value last quarter 07:05 – Why flippers moved into luxury homes in Q2 08:27 – Where Denver condo prices took the biggest hit 09:26– Denver home prices on a 50-year view 14:11 – The pricing rule that separates 12-day sales from 68 Links in Podcast Your Castle Real Estate Q2 2026 Denver Metro Trends packet Email Chris: chris@propertylama.com

  4. Jul 21

    #625: Here's Why Colorado Home Prices Are Staying Flat (And Why That's Great)

    Denver active listings ended June at 12,744, down roughly 9% from the same month last year, catching the panel off guard in this June 2026 Denver real estate market update. Most expected inventory to keep climbing through the summer. Instead, the Denver metro is heading into the back half of the year with less supply than it had a year ago, while median prices remain locked near $600,000 for the fourth straight year. Colorado Springs looks even flatter, with June closing at a $499,900 median and almost no movement month over month or year over year. Host Chris Lopez sits down with the full panel of Jenny Bayless of Colorado Springs, Jeff White of Envision Advisors, Troy Howell of Nova Home Loans, and Brandon Scholten of Keyrenter Denver. Together they walk through the June DMAR and Colorado Springs data, then move into two closed deals and the shifting picture in commercial multifamily debt. You get the ground-level view from the brokers, lenders, and property managers actually working these deals. The conversation also covers a Lakewood condo that finally sold for $150,000 after being listed at $270,000 and briefly dropped to $1 as a test. On the multifamily side, Chris shares a 100-unit Colorado Springs deal his fund closed near $11 million after the previous owner ran out of money at a roughly $17 million basis. Meanwhile, a Loveland fourplex traded at $685,000 with $27,000 in seller credits, bought down to a rate near 6.8% on a 5% down owner-occupied loan. From there, the June 2026 Denver real estate market update digs into the federal 21st Century Road to Housing Act and its 350-home institutional threshold, plus the extend and pretend cycle in commercial multifamily lending. Denver Business Journal quotes Mark Bell of Stinson describing extensions, negotiated ownership changes, and new equity infusions as the tools being used today. Chris shares his read after a night with Pinnacle Commercial brokers on why 2026 and 2027 could finally break the cycle. In This Episode We Cover: Why Denver inventory dropped 9% year over year when everyone expected a climb How Denver median prices have stayed near $600,000 for four straight years The Lakewood condo that listed at $270,000 and finally sold for $150,000 A Colorado Springs duplex that closed at list price for a first-time house hacker How a Loveland fourplex closed with $27,000 in seller credits and a rate near 6.8% What the 21st Century Road to Housing Act actually does at the 350-home threshold Why the extend and pretend cycle in commercial multifamily is finally starting to break The 100-unit Colorado Springs deal that traded roughly 35% below its previous basis And so much more! Whether you are house hacking your first duplex or holding a mid-size multifamily, Denver’s June 2026 real estate market update gives you the specific numbers and local context to make your next move. Watch the Youtube Video https://youtu.be/FrBw_y-kyi0 Timestamps 00:00 Welcome and Full Panel Introductions 01:37 Colorado Springs June Stats and Flat Median Prices 05:05 Denver Inventory Drops 9% Year Over Year 09:44 Why Denver Median Prices Stayed Flat for Four Years 12:55 Sellers Renting Instead of Cutting Prices 14:25 Class C Condo Market and the One Dollar Listing Story 17:46 Colorado Springs Duplex Sale Closes at List 23:46 Loveland Fourplex House Hack with $27K Seller Credits 26:54 Underwriting Path From Single Family to Fourplex 28:40 21st Century Road to Housing Act Breakdown 34:54 Extend and Pretend Commercial Lending Shift 40:52 Fund Deal on 100-Unit Colorado Springs Multifamily 46:00 Rate Outlook and the New Fed Chair 48:42 Closing Thoughts and How to Reach the Team Links in Podcast Commercial real estate workouts gain traction as loans come due in Denver Metro Denver home prices continue to hold at mid-2022 levels Stinson Law Firm Pinnacle Commercial Real Estate Troy Howell: troy.howell@novahomeloans.com LinkedIn: Troy Howell Website: https://www.novahomeloans.com/loan-officer/troy-howell/ Brandon Scholten: brandon@keyrenterdenver.com Website: https://keyrenterdenver.com/ Jeff White: jeff@envisionrea.com Jenny Bayless: jenny@envisionrea.com Who is Keyrenter? Keyrenter Property Management Denver provides rental solutions for homeowners and real estate investors in the metro area who are interested in transforming their properties into passive income. It offers various services, from property marketing and thorough applicant screening to tenant placement and 24/7 maintenance services. Keyrenter Denver’s team of experts can take the clients’ burden of managing their rental off their hands so they can get back to what matters to them. Who is Nova Home Loans? For over 40 years, we’ve been focused on helping homeowners find the perfect loan to fit their financial needs and personal goals. Working with NOVA is a personalized experience from initial application to final loan closing and beyond. We will be with you every step of the way toward successful homeownership. Start working with NOVA & Troy Howell today! NOVA FINANCIAL & INVESTMENT CORPORATION, DBA NOVA HOME LOANS NMLS 3087/ EQUAL HOUSING OPPORTUNITY/8055 EAST TUFTS AVENUE, SUITE 101/DENVER, CO

  5. Jul 14

    #624: 590 Empty Units in One Zip Code | Denver's Rental Market is Broken

    Denver’s rental market is telling two very different stories right now. Single-family homes are holding their rent levels year over year, but condos and older multifamily units are getting hit hard. Eric Ross of CRT Management walked through three Denver submarkets that show the split clearly, and the numbers are sobering for anyone holding condo or small multi inventory. Chris Lopez sits down with Eric, who manages 950 doors across the Denver metro and has spent 18 years in local property management. Eric pulled real Zillow data from Aurora North, the 225 and Chambers corridor, and the Wheat Ridge and Lakewood submarket. In one Aurora zip code, there are 48 single-family rentals available compared to 590 condo and multifamily units competing for the same tenants. One-bedroom rents in that pocket have dropped to $745 a month, levels he hasn’t seen in over a decade. Robinwood tells the story even more sharply. Two years ago, Eric was getting nearly $2,700 for a three-bedroom through the Housing Choice Voucher program. Today, those same units are renting closer to $1,895, pricing that takes the complex back to 2018 and 2019 levels. Eric also breaks down why Denver County logged 15,953 eviction filings in 2025, which is up roughly 72% from pre-pandemic levels, and what Colorado’s recent legislation around income requirements, credit checks, and habitability has done to landlord operations. In This Episode We Cover: Why single-family rents are holding while condos and older multi keep softening The Aurora submarket with 590 competing condo and multi listings How the Robinwood rent drop from $2,700 to $1,895 reflects the broader condo market Why HUD did a mid-year Fair Market Rent adjustment in late 2025 How the 2x rent income mandate is driving evictions higher Eviction timelines now running 50 to 90 days depending on notice type A risk mitigation partnership giving landlords up to $10,000 per tenancy in protection Eric also shares his outlook for mid-2027 rents and what he thinks needs to happen for the market to stabilize. Whether you own a single-family rental, a condo, or a small multi in the Denver metro, this conversation gives you the ground-level data you need to make smart decisions through the rest of this cycle. Subscribe to the Denver Real Estate Investing Podcast for new episodes every Tuesday. Watch the Youtube Video https://youtu.be/qiAhYZAzw0s Timestamps 00:00 – Welcome and Eric Ross introduction 02:15 – 2025 vs 2026 rent comparison across unit types 06:08 – Aurora North submarket, 48 single-family vs 590 condos and multi 11:03- Comparing today’s cycle to 2008 12:48 – 225 and Chambers submarket and the Robinwood case study 17:12 – HUD’s mid-year Fair Market Rent adjustment 22:45 – Wheat Ridge and Lakewood submarket breakdown 25:04 – Denver eviction filings up 72% from pre-pandemic 26:35 – How the 2x rent income mandate is driving evictions 30:14- Eviction timelines and the 10-day vs 30-day CARES Act split 34:00 – Violence Against Women Act protections and compliance cases 36:30- The House Bill 1090 utility billback fix 40:03 – Risk mitigation through private and public housing partnerships 47:27 – Rent forecast for mid-2027 Links in Podcast CRT Management Website: CRTManage.com CRT Management Email: info@CRTManage.com Eric Ross on LinkedIn: https://www.linkedin.com/in/ericrossindnever/ Workforce Housing Coalition AAMD Colorado Coalition for the Homeless Rocky Mountain Human Services

  6. Jul 7

    #623: Could Indoor Playgrounds Be the Next Great Cash Flow Play?

    An indoor family entertainment concept that started in Aurora is quietly on track to become a billion dollar enterprise, and most Colorado investors have not heard the story yet. Lava Island opened its first park in 2018 and now operates 11 locations across the country, with every single new park cash flowing positive in its first month. Chris Lopez sits down with Dan Price, managing partner at Amplify Capital, to break down the Lava Island investment opportunity. Dan came to this deal after a 9-figure exit in insurance services and is now the single largest investor in the offering, calling it a once in a couple decades opportunity. The conversation covers what makes Lava Island structurally different from Urban Air, Sky Zone, and Boondocks. The 2 to 12 age focus, the absence of arcades and go-karts, and a staffing model that runs on roughly 40 people versus 120+ at competitors all combine into a simpler, lower liability, higher margin business. Dan gets specific on the numbers behind the Lava Island investment opportunity. The original Aurora location did 6 million in top line revenue on 10 dollar hourly passes. Each new build costs around 4.5 million. The reinvestment fund is modeled at a 6.8x MOIC with target exit in late 2029 or early 2030. The cash flow fund delivered a 16.44 percent annualized distribution in May and is projected to hit the mid 30s by the end of next year. Accelerated depreciation gave 2025 investors 1.17 dollars in deduction losses per dollar invested. For offering details and data room access on the Lava Island investment opportunity, reach out through ampcap.co. In This Episode We Cover: Why no arcades, no go-karts, and a 2 to 12 age focus is the competitive moat How Lava Island scaled from 1 location to 11 in roughly 2 years The vertically integrated construction model with hand-painted murals at every park Why every new location has been cash flow positive month one The 6.8x MOIC reinvestment fund vs the cash flow fund paying monthly distributions How accelerated depreciation wiped out gains for 2025 investors Why Dan believes this is a once in a couple decades opportunity This is the most aggressive offering Lava Island will run before terms tighten in future raises. If you have wanted exposure to a proven family entertainment concept with national expansion underway, this is the episode to listen to before reaching out. Watch the Youtube Video https://youtu.be/M3Q3VOwRg88 Timestamps 00:00 Welcome and intro to Lava Island family entertainment investment 01:30 Dan Price background ranching roots to 9-figure insurance services exit 05:04 From Narrate Ventures to Amplify Capital growth capital rebrand 06:54 Why founders need partners painful and lonely journey 08:23 What Lava Island is 2 to 12 age focus vs Urban Air Sky Zone Boondocks 13:03 Operating leverage 40 staff vs 120+ at competitors 14:45 Liability de-risked no go-karts no climbing walls no teenagers 16:24 Founders Boyd and Celeste 15+ years building parks across Europe 23:06 CEO Chase hired with one location pedigree of scaling exits 25:34 Vertically integrated construction Polish muralists hand-paint every wall 28:44 11 locations open expansion to 40+ targeting billion dollar enterprise value 31:04 Every location cash flow positive month one 32:04 Reinvestment fund 6.8x MOIC modeled returns and qualified purchaser requirement 34:25 Cash flow fund 16.44% annualized May distribution mid 30s projected 35:06 Accelerated depreciation $1.17 deduction per dollar invested in 2025 36:41 How to reach Amplify Capital Links in Podcast Amplify Capital Lava Island Reach out to Chris and the team by emailing chris@propertyllama.com for a warm intro to Amplify Capital or to discuss the opportunity further.

  7. Jun 30

    #622: Inside Jeff's 10th House Hack - Two Houses, 10 Bedrooms, One Denver Lot for $610K

    Two single-family houses on one lot in Denver for $610,000. A 4-bedroom front house and a 5-bedroom back house, each with separate entrances, separate utilities, and two addresses. As a result, you get the kind of house hack property that pops up maybe one to five times a year on the MLS. In this episode, we break down Jeff White’s 10th house hack, which closed in early May. First, Chris Lopez sits down with Jeff and Troy Howell of Nova Home Loans to unpack the numbers, the loan structure, and the strategy stack behind the deal. To start, Jeff and his wife Suleyka began their house hack journey in 2017 with a single fourplex, replacing a $1,500 monthly mortgage payment with $0. Nine years later, they’re hitting double digits. Meanwhile, Troy structured the financing at 5.625 percent with $24,500 in seller credits. Next, Jeff walks through how he found the deal, why the listing agent picked his offer over a higher one, and the strategy stack he ran before going under contract. For example, market rents pencil at $5,800 a month. By comparison, rent by room hits $7,200. Then, Section 8 lands at $6,900. Ultimately, the sober living triple net play Jeff landed on pays $3,600 per house with the operator covering all utilities on a 5-year lease. In This Episode We Cover: Why two houses on one lot is essentially a 2-for-1 house hack at $300K per single-family equivalent How a daily 10-minute search routine across 7 saved searches caught this house hack deal on day one The $24,500 seller credit that bought down the rate and covered the PMI buyout Why positive leverage is back in Denver with cap rates above interest rates House hack year 2 numbers – $2,787 monthly cash flow and 41% cash on cash Investor scenario at 25% down – $3,011 monthly cash flow and 11% cap rate Why this is the best Denver buying window since 2017 for house hackers and investors The $85K discount one client just got by making a “disrespectful” offer If you’ve been waiting on the sidelines for Denver to make sense again, this house hack breakdown shows what’s actually getting done in 2026. Watch the Youtube Video https://youtu.be/Dx4IWh2r8cI Timestamps 00:00 – Welcome and intro to the 10th house hack  02:38 – The 10 house hack milestone starting in 2017  03:11 – Every strategy tried along the way  07:09- How to hit 10 house hacks in 9 years  08:50- The daily search routine – 7 saved searches  09:57- The property – two houses, one lot, $599K  11:18- Why the listing agent picked this offer  15:39 – Running the strategy stack on this property  -20:00 – The sober living triple net play  20:52 – Loan details with Troy at 5.625%  22:10- The $24,500 seller credit story  24:38 – Investor scenario – $3,011 monthly cash flow  29:09 – Year 2 house hack – 41% cash on cash  30:25- Positive leverage and an 11% cap rate  35:38- The $85K discount client story  36:25 – Best buying time since 2017 Links in Podcast Jeff White: jeff@envisionrea.com Troy Howell: troy.howell@novahomeloans.com LinkedIn: Troy Howell Website: https://www.novahomeloans.com/loan-officer/troy-howell/ Denver House Hacking Spreadsheet Who is Nova Home Loans? Website: https://www.novahomeloans.com/loan-officer/troy-howell/ For over 40 years, we’ve been focused on helping homeowners find the perfect loan to fit their financial needs and personal goals. Working with NOVA is a personalized experience from initial application to final loan closing and beyond. We will be with you every step of the way toward successful homeownership. Start working with NOVA & Troy Howell today! NOVA FINANCIAL & INVESTMENT CORPORATION, DBA NOVA HOME LOANS NMLS 3087/ EQUAL HOUSING OPPORTUNITY/8055 EAST TUFTS AVENUE, SUITE 101/DENVER, CO

  8. Jun 23

    #621: Student Rentals, Fire Risk, and Local Politics | Former Superior Mayor Weighs In

    Former Superior mayor Clint Folsom has owned Boulder student rentals for over three decades and led Superior through the Marshall Fire rebuild. He brings a perspective most Colorado investors will never get. Host Chris Lopez sits down with Clint to break down what’s actually moving in the CU Boulder student rental market. They walk through two live listings, a $915K five-bedroom south of campus and a $2.26M seven-bedroom duplex on University Hill, and run the gross rent multiplier math on each. Clint explains why GRM beats cap rate for student rentals and how the 2024 Colorado occupancy law change opened up bigger houses to more tenants legally. The conversation then shifts to the Marshall Fire, which destroyed roughly 1,100 structures in December 2021, including about 400 in Superior. Clint shares what he discovered when he audited his own policies in the aftermath, and why most Colorado landlords have two specific coverage gaps that could ruin them after a major loss. Whether you’re analyzing a Boulder rental, auditing your insurance policies, or thinking about how to get more involved locally, Clint’s experience offers a roadmap most Colorado investors never get. In This Episode We Cover: Why Boulder student rentals get priced per bedroom, not per square foot How the 2024 occupancy law change reshaped Colorado student housing When GRM beats cap rate for analyzing rental deals The two insurance gaps the Marshall Fire exposed in most rental policies Why you need 24 months of lost rent coverage, not 12 How Superior hit an 80% rebuild rate in 4 years Why real estate investors should engage in local government Watch the Youtube Video https://youtu.be/kYYVomtIymQ Timestamps 00:00 – Welcome and Clint Folsom intro 01:58- Boulder market overview and Pine Brook Hills 03:10 – CU Boulder student rental basics 05:27 – 2024 Colorado occupancy law change 07:21 – Boulder student housing price per bedroom 09:10 – University Hill rent ranges per bedroom 11:53 – GRM vs cap rate for student rentals 13:32 – GRM walkthrough on two Boulder listings 16:57 – Boulder rental licensing requirements 18:25 – Buying a CU Boulder rental for your kid 20:20- Marshall Fire recap, 1,100 structures lost 22:39 – Landlord underinsurance lessons 25:35- 24 months of lost rent coverage 27:19- Marshall Fire rebuild, 80% in 4 years 28:53 – FEMA coordinated debris removal 33:42 – Home inspector to mayor of Superior 38:49- Investors engaging in local government 40:42 – Where to find Clint Folsom Links in Podcast Reach out to Clint Folsom: Folsom and Company Real Estate: https://www.folsomco.com Clint Folsom on LinkedIn Clint Folsom on Facebook

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