How Can You Use Your IRA or 401(k) to Invest in Real Estate?



By using your IRA or 401(k) to invest in real estate, you can increase its annual 
growth by a considerable margin.

Call me at 303-974-9471 for a FREE home buying or selling consultation to answer any of your real estate questions.

 Have you ever heard of a self-directed IRA or 401(k)?

 Like many of us, you probably have a healthy 401(k) or IRA that’s been built up over the years and you’re now letting the market go to work on it. That’s totally fine, but here’s the exciting part: you can direct that money into a self-directed plan and use it to buy investment properties. 

 Think of that IRA or 401(k) money as funds to be used for investments. There are some restrictions, but if that money is producing a return for you, you can use it for any vehicle.

 How would this benefit you?

 Imagine you had $200,000 in an IRA or 401(k) and you wanted to use that to buy a $200,000 condo. You’d be able to buy that condo free and clear, and then rent it out and start collecting rents checks. If you charged $2,000 a month, that’s $24,000 per year that would go back into your IRA or 401(k). 

 As that investment appreciates over time, you could sell it down the road for—say—$400,000. That’s on top of the $24,000 you’ve been collecting on a yearly basis from your renter(s). Additionally, you’re allowed to contribute to your IRA or 401(k) every year. Some allow as little as $5,000, but some allow a contribution as high as $55,000. 

 This way, you can almost quadruple the growth of your IRA or 401(k) instead of just letting it sit on the market. 
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You can quadruple the growth of your IRA or 401(k).

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If you’d like to learn more about using your IRA or 401(k) to invest in real estate or you have any other questions, please don’t hesitate to give me a call. We’d be happy to help.

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Location: Denver, CO, USA

How a Waterfall Can Add Value to Your Home



A waterfall may seem like a luxury purchase, but they can actually add a lot of value 
to your home.

Call me at 303-974-9471 for a FREE home buying or selling consultation to answer any of your real estate questions.

 Back in 2010, I bought a new house with a beautiful backyard. It was full of Juniper trees at the time, but I had visions of a big, gorgeous waterfall. 

 I spent a lot of time and money on this project, but I was very happy with the end result. As you walk out onto our back deck, the waterfall is a beautiful sight. You can admire it from afar or get up close and let the cascading waves refresh you on a hot day. It was such a great thing for my family, but did it add value to my house?

 In order for a waterfall to add value to your home, it has to check three different boxes. It has to be useful, it has to be beautiful, and it has to be safe. Don’t just add a waterfall because you want to block a sight or as just an accessory. If you make it eye-catching, useful, and safe for children, you’re going to get a return.
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Waterfalls can add a lot of value if constructed properly.

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Whether you get a dollar for dollar return depends on the situation. You might even get more than that for it because if it’s done right, it creates an easy-to-maintain oasis.

 If you have any questions about adding a waterfall to your home or anything else relating to real estate, give me a call or send me an email. I would love to hear from you.

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Location: Denver, CO, USA

How Do We Know When We’re at the Market Peak?



Are we at the peak of the market? Not yet, but we won’t know we were at it until it’s behind us.

Call me at 303-974-9471 for a FREE home buying or selling consultation to answer any of your real estate questions.

 Have you ever been hiking and when you think you’re finally at the peak, you’re actually just at a false summit and there is a bit more to climb? If you’re an avid hiker, you know what I mean. Once you’re at that plateau, all you’ve got is a bit more of an incline to get to the top. You’ve done the hard, steep climbing already. That’s what the market is like right now in Denver.

We’ve taken our biggest vertical ascent already and are now at the point where we are inching up until we get to the peak. I think it will be another four or five years before we get there, but we won’t see that sharp appreciation that we’ve been seeing for the last few years.

This makes now a great time to consider selling. In my opinion, we don’t have too much more room for growth. The properties that are coming on the market right now are the properties that sellers have been meticulously preparing as they wait for this moment. These are properties with the best locations and best upgrades, and those sellers are listing now. If your home has an amazing location and tons of upgrades, now is a perfect time to sell high and buy low.

You’ll never know that you’re at the peak of the market while you’re in the moment, but you certainly will know when you’re off of it and you don’t want to be behind it. I believe in my heart that we are past the biggest jumps in appreciation in this market and from here on out, appreciation will be much slower. 
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You don’t want to be behind the peak.

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If you’d like to discuss this topic further or if you are interested in taking advantage of the market, give me a call or send me an email. I would love to hear from you.

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Location: Denver, CO, USA

Photography Mistakes That Can Ruin a Home Sale



Selling your home requires a lot of attention to detail. One area that often gets overlooked is photography, but it’s essential to selling for the most money possible.

Call me at 303-974-9471 for a FREE home buying or selling consultation to answer any of your real estate questions.

The market continues to be hot in Denver. With so many people out there trying to sell their home for top dollar, I wanted to give you some advice on how you can better accomplish your goals in this market. 

 One of the biggest areas we see mistakes from sellers in is with the pictures they put on their home’s online listing. I was recently listening to a Tim Ferriss podcast where he was talking about how the No. 1 thing you need to do as an author is have a good book cover. 

 That lesson translates to real estate through online photos. Your home’s sale isn’t all based on its location and features. When it comes down to it, those are going to be the most important factors, but its online photos play a role as well.

 Here are some things you should most certainly avoid when choosing and taking your home’s online photographs: 

 1. A lack of photos of the neighborhood and surrounding area
2. Lack of a photo of the front of the house
3. Lack of a photo of the backyard or area directly behind the home
4. Photos that aren’t in chronological order (front door, entryway, kitchen, bedrooms, basement)
5. Photos that are too dark
6. Photos that are too bright
7. Photos that are too low of quality
8. Dirty, messy, or cluttered rooms

 A big takeaway here is that the more you leave out, the more buyers are going to wonder if you are hiding something. Don’t hide anything and make sure you get good, high-quality, well-lit photos of every area of your home.

 The key is to eliminate the negatives above and transform your house into a presentable home that can be looked at quickly and easily by buyers when they are browsing through listings. Video is a new frontier, but an increasingly important part of this process as well. 
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The more showings you get, the more offers you will receive.

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The deal killers can start early on if the photos of your home online aren’t attractive enough to buyers. The more buyers you can attract, the more showings you will get. The more showings you get, the more offers you will receive.

 If you have any questions for us or need a recommendation for a good home photographer, give us a call or send us an email. We look forward to hearing from you.
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Location: Denver, CO, USA
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