Ten Things Everyone Should Know About Real Estate

  1. In Denver, the peak time for the average highest sale price is April/May. “Days on Market” is lowest in May.
  2. University neighborhoods can make for good rental properties, but often you can do better in other areas.
  3. Consider keeping your rental properties and refinance (instead of selling) when and if you need cash.
  4. Ask the Seller to file an insurance claim for the roof if there is any hail damage. Offer to pay the deductible.
  5. The three rules of real estate in investment properties: cash flow, cash flow, cash flow.
  6. Try to always buy the worst house on the block.
  7. Say “YES!” to warm woods, greens, and blues in 2025.
  8. Develop a relationship with a trustworthy lender. Be open with them about your goals.
  9. Be strategic about when you make a move, and…. Be ready! The best deals often happen when you’re least expecting them.
  10. You make your money when you buy the property.