Denver Income Properties (Boulder, Eaton: real estate, apartments, leasing)

[evsimms]

Hi everyone!
I am thinking about investing in some income properties in Denver. I am new to the area ('soon to be new to the area' next month or so) and I am trying to get a feeling if I should be looking to multi-family homes, apartments/condos, or office bldgs....Is there a need for more rental office space...or is there lots of vacant offices around?
Any suggestions-ideas would be great!

[2bindenver]

you need to be more specific. Read Millionaire Real Estate Investor by Gary Keller.

You need a firm idea of what would fit your needs...Res or Commercial? price range, location, rate of return....

[evsimms]

I am trying to determine what area(s) would be good area to invest in and then I will adapt ... To have a firm idea of what would fit my needs is good, but not if what fits my needs is not an area that would be a good investment.
I am just trying to get a feeling one way or another..like for example, 'stay away from commercial bc. of the current market there is a surplus empty office space'.
As far as price range, location, rate of return - are all variables that can be adjusted/balanced depending on the worthiness of the investment...
So to me, to be 'specific' with what I am looking for is very much a tunnel vision sort of approach.

[tfox]

There was an article recently about how downtown Denver is facing a critical shortage of office space, but that it's difficult to build more due to the current financing environment. So, that would tell me that commercial property leasing space in downtown is going to be headed upward.

[bouncing]

If you could put together a large contiguous space in Boulder, it would be worth something. A lot of businesses there have trouble finding office space to meet their growing demands -- everything that's available is either fragmented or small.

[2bindenver]

There is money to be made in residential and in commercial. A lot depends on your risk/reward level. How much are you willing to risk, how safe do you need the investment to be?

I would recommend "The Millionaire Real Estate Investor" by Gary Keller.

[Open invitation] Read it and lets all talk about it.

I have a pretty clear vision of the types of properties I am willing to buy, I buy myself and as a group with other investors. Only if it fits by preconceived perimeters do I consider moving forward.

[yodi]

Julie, you can't advertise here. Please stop posting about your home on every single thread.

[TropicanaRose]

Originally Posted by yodi

Julie, you can't advertise here. Please stop posting about your home on every single thread.

Yeah, we all need to get up to Eaton. Apparently, it is paradise for chefs, interior designers, and IT people. Plus it's in the mountains and urban! Plus it's perfect if you want to be between Boulder and Denver! /sarcasm.

[jocarpio]

hmmm, thanks for your comments...first day on this site, and i'm learning... i appreciate your help..

Tropicana Rose -- what a nasty comment the world doesn't need more of that kind of chat... relax, okay??