Denver Investment Real Estate Chris Lopez - Denver Investment Broker

Find out the secrets to house hacking success in Denver's 2024 real estate market with Chris Lopez, Troy Howell, and Jeff White. Dive into cash-flowing strategies like rent-by-room and discover how to get the seller to pay for your renovations... Tune in now for actionable tips, strategies and the details of our latest house hack deals to help you kickstart your real estate investing journey!









https://youtu.be/aiOGCi80tbU









(03:57) Executive Summary - Denver House Hacking







(10:00) 3 Trends for Cash Flow with House Hacking







(14:22) Deal #1 Single Family Home Rent by Room







(27:14) Updates on Lending Guidelines 2024







(30:31) Deal #2 Multifamily Fourplex







(41:37) Deal #3 Value Add Duplex 49:43 Question and Answer







Links from the Podcast:







Nova Home Loans: https://troyhowell.novahomeloans.com







Email Troy Howell: troy.howell@novahomeloans.com









* LinkedIn: Troy Howell







* Instagram: Troy_howell_loans







* Facebook: Troy Howell









Email Jeff White: Jeff@envisionrea.com









* LinkedIn: Jeff White







* Instagram: @8tofire









Download the Slide Deck Here:















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

Take a behind-the-scenes dive into Denver's real estate development scene with Chris Lopez, Matt Amundson, and Adam Fenton in this exclusive deal analysis! Adam breaks down the development process, from site acquisition to financial modeling and unit design. Learn what it takes to succeed in real estate development!









https://youtu.be/xGfHYYOSF-o









(01:11) Acquiring Land and Strategy







(13:18) Development Process and Timeline







(21:38) Development Budget for Luxury Apartments







(29:27) Real Estate Development Pro Forma







Links from the Podcast:







Adam Fenton email: adam@narrateholdings.com







Adam Fenton Linkedin







Narrate Holdings Website: https://narrateholdings.com/







Property Llama Capital Website: https://capital.propertyllama.com/home/







Download the Investment Memorandum Here:















Who is Narrate Holdings?







Narrate Companies is a Denver-based real estate firm specializing in the investment and development of multifamily and mixed-use properties in select major metropolitan markets throughout the U.S. They are an experienced team of professionals focused on acquiring and developing multifamily/mixed-use properties in quality locations that deliver long-term stable cash flow and asset appreciation.







Make Smart Decisions with Portfolio Analysis Software







To stay on top of your portfolio returns, it’s best to regularly check in on your portfolio and leverage portfolio management tools such as Property Llama. Property Llama allows you to analyze your investments’ performance, run scenarios, and optimize your portfolio for better returns. 

Join Chris Lopez and estate attorney Pam Maass as they give expert advice on passing down your real estate assets to your kids AND if you should even do it at all. From preserving generational wealth to involving children in property management and addressing estate taxes, each aspect of estate planning plays a crucial role in safeguarding your financial future. Chris and Pam share key insights on effective estate planning and navigating tricky questions: Should you leave real estate to your kids? How do you structure a trust for multiple children? And what if they don't want to manage your properties? Get all the answers to safeguard your legacy!









https://youtu.be/RfDeTfIv2gA?si=z3mnkKkj9be45JWi









(03:14) Generational Wealth: Rockefellers vs Vanderbilts







(05:08) Horror Stories of Inheritance Without Planning







(09:20) Educating and Involving Spouses and Children in Real Estate







(10:10) Setting up a trust with your financial values







(13:03) - Selling Properties vs. Passing Them On







(17:53) Big Mistake for Handing Down Properties







(18:19) DSTs and Other Passive Investment Options







(21:07) The Future of Portfolio Management Software in Estate Planning















Links from the podcast:







Pam Maass Instagram







Pam Maass Facebook







LawMother Website







Ready to start tracking your portfolio? Sign up for a free account with Property Llama

Join Chris Lopez and Adam Fenton, Co-Founder of Narrate Holdings, for a peek into the world of real estate development. From starting his company during COVID to post-pandemic success, Adam reveals the strategic decisions behind securing optimal debt, prioritizing risk mitigation, and his #1 metric for choosing the right deal. Tune in to learn the keys to real estate development success in the ever-changing market!









https://youtu.be/YJ9FO-cGIlk









(01:09) How Adam got started in real estate







(10:10) Why Adam started Narrate Holdings







(16:22) How Narrate was able to navigate commercial issues







(17:18) The spread between floating and fixed-rate debt







(18:09) Risk mitigation in debt and real estate development







(20:03) Expectations and impact of interest rates on pro forma







(25:13) Long-term vision at Narrate Holdings







(28:14) Benefits of owning a property management company







Links from the podcast:







Adam Fenton email: adam@narrateholdings.com







Adam Fenton Linkedin







Narrate Holdings Website: https://narrateholdings.com/







Property Llama Capital Website: https://capital.propertyllama.com/home/







Who is Narrate Holdings?







Narrate Companies is a Denver-based real estate firm specializing in the investment and development of multifamily and mixed-use properties in select major metropolitan markets throughout the U.S. They are an experienced team of professionals focused on acquiring and developing multifamily/mixed-use properties in quality locations that deliver long-term stable cash flow and asset appreciation.

As a landlord, you might be leaving money on the table with your rental property pricing... Many landlords unknowingly undervalue their rental rates, costing them thousands in lost revenue each year. In this video, we'll reveal the #1 mistake landlords make with pricing and how you can identify the same mistakes in your portfolio.







Case Study: 4-bed, 1-bath SFR in Aurora, CO







The portfolio analysis is run on Property Llama. First, the numbers are showcased as is, followed by the numbers for three scenarios: Should Matt Keep, Refi, or Sell?







Property Overview







Matt owns a single-family rental property in Aurora, Colorado. It's an older house, built in 1929. Despite its age, the home is decently sized with four bedrooms, though only one bathroom on the main level.Over the years, Matt has tried marketing this property towards Section 8 tenants, given the 4-bedroom layout despite having just one bathroom. He describes it as a "workhorse" rental—nothing fancy, but a solid cash-flowing asset. However, the neighborhood leaves something to be desired. The property is located half a block off Colfax Ave in an area rough around the edges.He currently values the property at $400,000, a significant increase from the $89,000 purchase price he paid when he acquired it in 2010. Matt's remaining mortgage balance is $244,000, which means his loan-to-value ratio is 61%.For now, Matt has taken advantage of the equity build-up by refinancing previously. His current mortgage interest rate is 3.25%. After a recent market rent analysis, he has adjusted the monthly rent from $2,150 up to $2,365 to keep it well-priced compared to similar properties.







Scenario #1- Keep the Property









* Originally priced at $2,150/month







* A market analysis showed similar rentals got $2,365/month







* By raising rent to market rates, Matt's potential returns increased significantly:



* Return on equity went from 12.63% to 13.8%







* Monthly cash flow increased 160% from $100 to $260







* Cap rate improved from a subpar 3.7% to a healthier 4%+

































































The biggest mistake landlords make is under-marketing their rental properties, resulting in rents below actual market value. Factors like long-term tenants or rapidly rising area rents can cause your pricing to lag behind comparable rentals. Regular rental pricing analysis is crucial for maximizing your investment returns. Even raising rents a few hundred dollars can substantially improve your cash flow, ROI, and cap rate.After updating the rents to $2365, Matt's cash flow increased from $107.59 to $264.54.







Updated Numbers























Scenario #2- Refinance the Property to Re-Invest







Next, we ran the numbers on a cash-out refinance to pull out equity and reinvest in a new property:









* The current 61% Loan-to-Value means limited available equity







* High-interest rates and high leverage make refinancing unfavorable

















Scenario #3- Sell the Property







The final scenario explored selling the rental property entirely. However, two factors made this unattractive:









* Significant taxable gains due to low original purchase price

Chris Lopez and Jenny Bayless dive into the hottest trends in Colorado Springs and Pueblo for 2024! Discover the strategies fueling cash flow, gain insights into market performance, and get the details from some of our latest deals in Southern Colorado. Tune in now to set yourself up for success in the Southern Colorado investment scene!









https://youtu.be/xyYKZQt2sj8









(01:49) Terms, Strategies, and Financing Methods







(12:49) Pueblo Market Overview







(16:35) Colorado Springs Market Overview







(22:24) Deal #1: Long Term Rental Fourplex in Colorado Springs







(31:01) Deal #2: Long Term Rental Fourplex in Colorado Springs, 40% down







(35:10) Deal #3: Long Term Rental Fourplex in Pueblo







Links from the podcast







Link to Previous Pueblo Podcasts:









* Pueblo Investors Panel: https://youtu.be/nuUXFW3qp2o







* Pueblo Economic Initiatives: https://youtube.com/live/9fs5VNyACfo









Link to 2023 Southern Colorado Investing Guide: https://youtu.be/Z7e511t4be4