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Updated over 7 years ago on . Most recent reply

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Adam Bauman
  • Investor
  • Denver, CO
3
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Selling Denver investment properties

Adam Bauman
  • Investor
  • Denver, CO
Posted

My girlfriend and I have a few investment properties in the Denver area and we are looking for some contacts to help us get them sold.  Our first priority is both halves of a duplex near City Park that are currently rented.  Ideally we would like to have someone to help us decide if we should sell them together to an investor or split them up to make more money.  Any suggestions?

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James Carlson
#5 Classifieds Contributor
  • Real Estate Agent
  • Denver | Colorado Springs | Mountains
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James Carlson
#5 Classifieds Contributor
  • Real Estate Agent
  • Denver | Colorado Springs | Mountains
Replied

Hey @Adam Bauman  

@Bill S. 's story is a good one to heed. You're almost always going to earn more splitting up a duplex and selling each side individually than you are selling the duplex as a whole. As Bill said in his success-story post, you'll need to get a good lawyer (he shouted out Paul Ballew. @Drew Fein is a good RE attorney and BP member), get the properties surveyed, and get separate legal descriptions. 

Question, though. Why are you selling? A bigger fish to catch? The one you're talking about is in a great location, and I want to hold everything I can. Just asking. Good luck!

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James Carlson Real Estate

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