Value-Add Strategy in Longmont Unravels Due To $400K Repair Surprise

[Chris Lopez]

Ever walked away from a real estate deal and felt like you dodged a bullet? 🏠

Our latest podcast episode dives into exactly that. Featuring Adam Fenton from Narrate Holdings, we explore why sometimes the best deals are the ones you don't make.

Here's what Adam unpacks:
•A 26-unit townhome deal in Longmont, CO that looked great on paper
•How a $172K rehab estimate ballooned to $575K after inspection
•The crucial role of thorough due diligence

Adam also shares some intriguing stats from Narrate Holdings:
•They review 30+ deals for every 1 they put under contract
•75% of their contracts make it to closing

𝗧𝗵𝗲 𝗯𝗶𝗴 𝘁𝗮𝗸𝗲𝗮𝘄𝗮𝘆? In real estate investing, patience and discipline aren't just virtues - they're profit-makers.

There are three ways to get the details for this episode #532:

• 🎧 Listen to it on the "Denver Real Estate Investing" podcast
• 🎥 Watch the YouTube video
• 🖥 Read the Blog post

Enjoy!

Chris Lopez
Investor-Friendly Realtor
Envision Advisor
303-548-0846