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All Forum Posts by: Jacob Krafka

Jacob Krafka has started 11 posts and replied 74 times.

Post: Investors, in this market, what are you looking for?

Jacob KrafkaPosted
  • Real Estate Agent
  • Denver, CO
  • Posts 77
  • Votes 25
Quote from @Jaron Walling:

Value add deals. Distressed deals. Price drops = motivated sellers. Failed listings. Cash-flow with conservative numbers. Strictly looking in B-/C class neighborhoods with attractive things to do (parks, breweries, shopping, coffee, etc).  

Cheaper interest rates... 


 Thats what a lot of my investors out here in Denver are doing. Keying in on those key areas.

Post: Investors, in this market, what are you looking for?

Jacob KrafkaPosted
  • Real Estate Agent
  • Denver, CO
  • Posts 77
  • Votes 25
Quote from @Mike Dymski:

I look for intrinsic value or adding value.  Case in point, I am building hybrid apartment/hotel units for $175k all-in per unit next door to 20 year old communities that sold for $450k and $475k per unit (including rehab).

Focus on investing rather than focusing on "the market".


 Interesting take here, if your goal is clear, no matter what the market it you can get it done! Great stuff!

Post: Investors, in this market, what are you looking for?

Jacob KrafkaPosted
  • Real Estate Agent
  • Denver, CO
  • Posts 77
  • Votes 25
Quote from @Chris John:

Mutual funds (because I'm too lazy to look for deals).  Deals will come back someday.  They always do...


 Deals are flying left and right here in the Colorado market!

Post: Investors, in this market, what are you looking for?

Jacob KrafkaPosted
  • Real Estate Agent
  • Denver, CO
  • Posts 77
  • Votes 25
Quote from @Paul Moore:

Hi @Jacob Krafka! We are looking for the same thing now that we do at the top of the cycle and the bottom of every cycle. We are looking for intrinsic value in deals. AKA value add opportunities--specifically--in commercial real estate. 

We partner with operators to look for deals in self storage, mobile home parks, RV parks, multifamily, light industrial and more. We think that's the safest way to go in any economy. Good luck and happy investing! 


 I really like the self storage idea... Have thought about it myself, but one thing that many people do not pay much attention to is parking garages... Especially one near an event center, where you are charging extra during event hours.

Post: Investors, in this market, what are you looking for?

Jacob KrafkaPosted
  • Real Estate Agent
  • Denver, CO
  • Posts 77
  • Votes 25
Quote from @Bryce Hammill:

Looking at the numbers carefully. If the numbers make sense lets do the deal. Also don't adjust the numbers and lie to yourself just to find a deal. 


 Makes sense, I like that you pointed that out. Simply if the deal doesnt work, it doesnt work. Don't try an make something work that won't.

Post: Investors, in this market, what are you looking for?

Jacob KrafkaPosted
  • Real Estate Agent
  • Denver, CO
  • Posts 77
  • Votes 25

It's a very interesting time right now for investors, I wanted to see insight of to what investors are eyeing. What are your plans to make it through this? Can't stay on the sidelines forever, so whats your next step?

Post: How do you find Investors? And how are investors finding houses?

Jacob KrafkaPosted
  • Real Estate Agent
  • Denver, CO
  • Posts 77
  • Votes 25
Quote from @James Dainard:

Hey Jacob,

As an agent, the name of the game is coverage right now on both sides.

We've got free educational content coming out every day with larger monthly recaps and classes every month. We make sure our clients are followed up with and set up with a broker to really dive into their goals and desires when entering real estate as an asset class. Another way to get in contact with investors is to utilize other agents in your market, if you see a flip listed on the MLS reach out to the broker and have a conversation with them. Was it their project, an investor? If you tie up a deal and send it to the agent, will they send it along to the investor? Things like that!

As for properties we're doing outbounds based on lists from title companies, communicating with local wholesalers and maintaining relationships with other agents to get our deal flow through the door. We're going into a phase where we as the agents need to take additional measures to make our clients comfortable and confident in the investment decisions that they're making. Going forward sales are going to be relationship and analysis based as opposed to the more speculative profit-based decision-making that we've been seeing.

Hope this helps a little, best of luck!


 Awesome, thanks for the reply. Those all seem super helpful. 

Post: How do you find Investors? And how are investors finding houses?

Jacob KrafkaPosted
  • Real Estate Agent
  • Denver, CO
  • Posts 77
  • Votes 25
Quote from @Eliott Elias:

Through networking in meetups, bigger pockets, facebook, everyday conversations, mutual friends. Investors use many ways to find deals

1. Wholesalers

2. MLS

3. Cold calling 

4. Hiring a good agent 


 Yeah I use some of those as well. ATX shoutout!

Post: How do you find Investors? And how are investors finding houses?

Jacob KrafkaPosted
  • Real Estate Agent
  • Denver, CO
  • Posts 77
  • Votes 25

Interesting topic here, I would like to see both sides of the play field here. Being able to find investors looking for investment properties versus how are investors seeking out properties! Would love to hear! 

Post: Buying Condos Yay or Nah?

Jacob KrafkaPosted
  • Real Estate Agent
  • Denver, CO
  • Posts 77
  • Votes 25

Oh yeah buy em up!!!! Investment condos barely sit 2-3 hours with us up in Denver!