All Forum Posts by: Eric DeNardo

@Emily Ryon, would love to connect sometime! I'm a realtor in Denver working with investors. 

@Aaron Swilley welcome to BP and thanks for the extensive introduction. You have some unique experiences and success! Where are you acquiring your first multi-family? Would love to chat with you more to share our goals and see if there are any opportunities to help each other out. 

Haha yes! I wish I took advantage of it when I was younger!

If you know any young people in Denver that might be interested, please have them reach out to me.

Hey @Ethan Hartter, Check out Adu4U - https://youradu.com/ Jeff Baker is the owner and has been actively involved with Denver and has done a lot of ADUs around Denver. 

The cost is high though, I've heard over $300K, even if it's using a garage since the structure is not built for a home. But Jeff is the expert and a great guy to chat with. I can share is number, I'll DM you!

@Juan Lopez Welcome to Bigger pockets! It's a great place to learn and grow. Durango is a great town! I've seen Mancos grow as well. I'm an airbnb host here in Denver. Please reach out about any questions getting set up or the tools I use to make operations more passive. 

@Jordan Brown, I agree with @Joe Homs, if you can make the numbers work, then go for it. House hacking, even in California, can work well if you have roommates and rent out the room. Check numbers if you can live cheaper in a house hack vs renting. Also, consider the appreciation and tax benefits.

@Peter Vercellin - Nice! Not crazy at all, it's much cheaper out of state compared to Colorado. If you were interested in investing in Colorado, please reach out! There are strategies that make the numbers work, you have to be creative. 

Would love to connect and learn more about your goals!

@Cody Hamling Welcome to BP! The podcast is what got me into real estate as well! Have you thought about house hacking to get started? It's a great way to get into a property without needing to pay a large down payment. 

@Lau Cor - Welcome to BP! You have come to the right place to learn and meet some great people. I'm an investor/realtor here in Denver and with the cash you have, it would be hard to buy an investment property in Colorado Springs. 

However, you could assume a VA loan and get secondary financing and only put down 10% of the purchase price and get a low interest rate. That will significantly help you achieve cash flow here in the front range. There are many VA loans in Colorado springs as well.

There are obviously some challenges to assuming a loan, but if you're interested, I'd be happy to talk with you further about it.  

Thanks @Shiloh Lundahl. I'll DM you and we can message there! Appreciate your help