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All Forum Posts by: Julie Hill

Julie Hill has started 39 posts and replied 90 times.

Hi all,  I am in the process of buying a brick bungalow in Arvada.  It's very small with no basement but eventually we would love to add a bedroom and bathroom onto the back.  Right now I'm just wondering where to start this process... is step #1 hiring an architect to design? If so, any recs (I'm assuming it should be someone local that knows all the permitting etc with the city?) 

Post: Looking for mentors in Denver: there's something it for you!

Julie HillPosted
  • Denver, CO
  • Posts 100
  • Votes 48

Hi all! If you are a pro Fix & Flipper and/or a pro Buy & Holder utilizing the BRRRR method in the Denver metro area, I would love to pick your brain. I am a new investor and I'm hungry to get started. I would never ask for your time or to educate a newbie without something in it for you so here's the deal: I am a professional cinematographer. I am more than willing to trade valuable knowledge for a video of a property you need to sell or rent. We're talking a cool walk-thru video (complete with drone for aerial shots of the house and neighborhood) in trade for your time! I am going to be in Denver next week 5/21 - 5/25 and would love to meet up. I am already going to the meet up in Fort Collins on the 23rd. Please feel free to PM me if interested!

Hi all!  I own my own business so don't have a W2 (or is it W4? I can never remember).  My realtor suggested I go the commercial loan route to make it easier because of this.  My intention is to gain a portfolio of buy and hold properties (both SF and MF).  I plan on doing this in Omaha (I have a lender there) but would also like to talk to someone in Pueblo.  Any recommendations?  Thanks!

Post: Hold or Sell Condos in Denver?

Julie HillPosted
  • Denver, CO
  • Posts 100
  • Votes 48

Put yourself in my shoes... just starting to invest and getting in right at the top of the market.  Thank your lucky stars and keep that cash cow forever!  Even if rental demand does go down, it will still make a profit if you have to lower rent rates a bit. 

Post: What Q's to ask (and to whom) when buying multi-family?

Julie HillPosted
  • Denver, CO
  • Posts 100
  • Votes 48

I'm analyzing a few MF properties and I understand I need to find the "real" numbers (rent, utilities, etc) not just what the seller is stating.  What q's should I be asking and to whom?  And is this ok to do when the property is not under contract?  TIA! 

Post: Ladies' Investing Club

Julie HillPosted
  • Denver, CO
  • Posts 100
  • Votes 48

Hi ladies!  Wondering if the next meetup is scheduled?  Hopefully the week of May 21 when I'm in town?  (being selfish lol!)

Post: Looking for a BP episode...

Julie HillPosted
  • Denver, CO
  • Posts 100
  • Votes 48

Hey guys...  I listened to a BP episode awhile back now that I CANNOT find now due to apple's horrible interface.  I wish there was a simple list of BP podcast titles somewhere because I could probably figure out from there, but because there is not - can anyone here help?  The episode was I think either last year or 2016.  The guy being interviewed was from Florida I believe.  He talked about how his brother had wanted him to get into RE for a long time and he ignored him.  Once he did, he was hooked and was a crazy successful wholesaler in Florida (I think?).  Most of the podcast was about his tips for list generation.  He was SUPER high energy if that helps.  TIA!

Post: Lunch Meet Up in Downtown Denver

Julie HillPosted
  • Denver, CO
  • Posts 100
  • Votes 48

Hi @Vinci S.!  I go between Orange County and Denver.  I'm in Denver next week if you want to meet up.  I'm a brand new investor and would love to talk shop.  Coffee downtown?  

Post: Five year strategy...

Julie HillPosted
  • Denver, CO
  • Posts 100
  • Votes 48

Thank you all for your thoughts on this!!  Yes... I'm excited and am feeling the pressure (hence my 5 year mark).  You all make some important points here.  Lots to consider...

Post: Five year strategy...

Julie HillPosted
  • Denver, CO
  • Posts 100
  • Votes 48

My goal is to own 40-50 properties (or doors) within 5 years. My overall "why" is so I can finally sell or dissolve my company and live off these rentals for passive income. The question now becomes... what strategy should I use to get there the fastest and safest? I am just starting out and trying to figure out my next move knowing it could make or break my plan. Knowing my timeline, do you think it's feasible (and wise) to start by going hard-core into wholesaling, then build up into fix & flips (for fast profit), and then rolling all of that income into buy and holds with the BRRRR method? Part 2 of this question... the forums and podcasts always talk about keeping your W4 job to show the banks income stability. I don't have that since I have owned and run my own company for 17 years. It was hard enough to get a loan for the home I just bought in Denver so I would love to hear from other self-employed people here about their experience in RE investing! If it matters, I travel most of the time for work but technically split my time between Orange County, CA and Denver. I'm interested in investing in Omaha but also looking into other areas as well. TIA!