All Forum Posts by: Matt M.

Quote from @Russell Brazil:

Quote from @Matt M.:

Quote from @Russell Brazil:

Prices in Denver are up 8.5% year over year. Doesnt look like theyve fallen to me. 

 They've fallen from the highs of earlier this year. The only reason they haven't plummeted is because our supply is still low. 

 Isnt that normal? It is in most of the country that prices peak in q2/q3 then soften in q4. Happens in rising interest environments, happens in falling interest rate environments. See in the chart a little downward bump every 4th qtr.

 We do have seasonality, which is reflected in your data, however what we are seeing on the ground here is more than seasonality. It's dropped quit a bit more. 

 They've fallen from the highs of earlier this year. The only reason they haven't plummeted is because our supply is still low. 

I've done Denver and Aurora. Those 2  you mentioned should be straightforward I would think. What's your question?

Franscona's firm in Boulder. They help write a lot of the laws too. 

I actively flip here in Denver and am licensed. It's a non-issue if you disclose. Most deals aren't on the market though. The best ones are off market, which you probably wouldn't get paid for on the buy side. 

The market has changed and being an agent isn't like it was even 6 months ago. Frankly, you won't do enough deals to be proficient or for it to make financial sense. 

Please tell me this "wholesaler" doesn't work for a company with the initials "NW." 

Edit: Please be EXTREMELY cautious starting to flip in this market. People are losing a ton of money. 

Why not have an open house for the renters? Say 12-2 on Saturday? That way you are in control. 

 This is the answer. Here in Denver, they post the NEDs online. 

I'll send you my contact's info. She's one of the best.

Did it once, and turned out he was a drug dealer... He stayed 1 year and had to be evicted.