All Forum Posts by: Dalton Skach

Hi Everyone,

A friend and I are looking into developing a residential property near Vail, CO and would love some help as to where we begin when planning this development.  This is our first property and our expected costs are going to be well over $5,000,000 which is why we are going to need all the help we can get as to what we need to get started. 

I would not like to talk about the financials or other partners at this moment. All I would like is some feed back as to what steps we should take in starting this up. Where can we find all of the information on easements, water rights, HOA, and all of that sort of stuff? Also, if you live near that area, some references for contractors and home designers would be much appreciated.

I apologize for being so broad but please feel free to tell me your story as to what you did and what worked and didn't work. 

I look forward to hearing from all of you.

I am interested in investing in a luxury condo in Denver, CO and I am wondering what kind of property will be more in demand and what things I should be careful about when investing in a condo?  I know that every market is different and I would like some advice from Real Estate investors/agents in the area that are familiar with this niche?  I am also curious as to whether there is a spending limit as to how many condos you can buy in a particular complex.  Please feel free to share your thoughts or ask me any questions and I will respond ASAP.  Thank you.

Thank you both for the advice.  I did not know that the interest was that high or that the loan term was that short on loans like that.  I am obviously still learning and will look at other alternatives. I appreciate the response.

I am wondering if anyone knows of any federal banks or lenders that are offering interest only or partly amortized loans.  I do not have the income or the capital to pay the  conventional loan payments on a $600,000 property at the moment and would like to use interest only/partly amortized so that it is more affordable for me until I can afford to pay for a regular conventional loan.  Also, if you know of any bank or lender in Colorado that does interest only or partly amortized loans, that would be even better.  I look forward to hearing from you.

Thanks, everyone!!! These tips and advice are awesome.  I have made notes and I'll post my findings on a forum for more advice once I view the property.

I am new to the world of Real Estate and I am going to see my first luxury condo in downtown Denver on Tuesday and was looking for some advise as to what questions I should ask the Real Estate broker when seeing the property? I have all of the information on asking price, square footage, year built, HOA dues, taxes, earnest money, appliances included, HOA inclusions, and all of the utilities that are included in HOA dues. I just need some questions that will really bring out the true value of the property. Thank you for your help and time.