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All Forum Posts by: Graham McBain

Graham McBain has started 9 posts and replied 20 times.

Post: Accurate sales data and rehab costs in Denver?

Graham McBainPosted
  • Investor
  • Sacramento, Califonia
  • Posts 23
  • Votes 3

@Bill S. l appreciate it! I'm thinking I'll just get my license next year but in the meantime I'll use Redfin, thanks!

Post: Accurate sales data and rehab costs in Denver?

Graham McBainPosted
  • Investor
  • Sacramento, Califonia
  • Posts 23
  • Votes 3

Back in Arizona all of the sales price data was available from the county assessors office so it was easy to see what people were paying for deals even off market(most of the time). What is the best resource here in CO to find those details, especially off market. 

Any insight would be great! I'm building a DB of the opportunities in my market and I would like to get the best data possible so I can make fast/informed decisions. To that end I'm also hoping to get a more accurate picture of rehab costs so I can make sure the deals I source make sense! 

ALSO: If you're interested in deals in the Clayton/Cole/Whittier/City Park North area I'm an experienced Door Knocker/Marketer and would love to be your wholesale huckleberry.

Post: Any way to close this without a lot of cash?

Graham McBainPosted
  • Investor
  • Sacramento, Califonia
  • Posts 23
  • Votes 3

It looks like you're going to have to get the person seller-finance-er(?) to drop their ask otherwise there isn't any margin in the deal.

asking price + taxes + repairs + window loan = ARV

Unless you're able to get the note holder to take a short sale I would suggest you pass. I wish you the best of luck!

Post: What do you think about Globeville/Elyria/Swansea?

Graham McBainPosted
  • Investor
  • Sacramento, Califonia
  • Posts 23
  • Votes 3

With the western stock show coming in, light rail, and all the new breweries in RINO, I feel like we should be seeing more scrapes in that area. Is it the uncertainty about the I-70 project that is throwing people off?

Post: What are your favorite areas in Lakewood to find good deals?

Graham McBainPosted
  • Investor
  • Sacramento, Califonia
  • Posts 23
  • Votes 3

I don't know lakewood all that well but I like the area near where Alameda starts to turn up the hill. What are some good area's out there?

Post: What would you do with $1,000?

Graham McBainPosted
  • Investor
  • Sacramento, Califonia
  • Posts 23
  • Votes 3

@David Tipton I totally agree! 

Post: What would you do with $1,000?

Graham McBainPosted
  • Investor
  • Sacramento, Califonia
  • Posts 23
  • Votes 3

@Ben Roberts We're in a similar position. Good job, savings etc... I used to source deals for ARP when I lived in AZ. I've been thinking about doing some farming just like you've said. We should start at the same time and blog about it. It seems like the markets are so different it would be a fun comparison(I'm in Denver).

Post: Hello from Denver! (Also, question about using Nextdoor.com)

Graham McBainPosted
  • Investor
  • Sacramento, Califonia
  • Posts 23
  • Votes 3

Thanks @Micki M. ! Luckily I'll be focusing in my neighborhood because it's up and coming and not quite the focus of all the other investors in town yet. Thanks for the advice! 

Post: Hello from Denver! (Also, question about using Nextdoor.com)

Graham McBainPosted
  • Investor
  • Sacramento, Califonia
  • Posts 23
  • Votes 3

Hi everyone! 

Before I moved to Denver I sourced deals on SFR's for national REITs and a luxury flipper in the Scottsdale/Phoenix area. I'm a software developer in Denver currently and looking to start sourcing deals here, I can't get RE out of my blood!

So as to ad some substance to this forum I want to ask about Nextfoor.com, typically the people who join it are new/younger owners in the area. I think it's a powerful resource to get my name out there but I don't want to ruin the integrity of the platform. Any suggestions? 

Post: Selling - best use for resulting $300k capital

Graham McBainPosted
  • Investor
  • Sacramento, Califonia
  • Posts 23
  • Votes 3

I second what J Scott said, your goals should determine your strategy, congratulations on the exit!