Old House Foundation Problems

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Old House Remodeling Series, Part 2 Last month we began the Old House Remodeling Series with an introduction and comments about preserving historical houses.  In this article we will discuss inspecting, maintaining and repairing foundations on older homes. (See related post: Sewer Line Inspection and Repairs) Inspection Repairs Costs There are three key aspects to [...]

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Curtis Park Neighborhood Victorian Home Tour

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Realtor Profile, John Hayden, the “King of Curtis” While researching and reviewing proposed investment plans for a historic Curtis Park Victorian, several people suggested that I contact John Hayden of Kentwood City Properties.  More than one of his colleagues referred to him as the “King of Curtis” for his knowledge and experience in the neighborhood, [...]

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Curtis Park Historic Mansion

SOLD Curtis Park Mansion Fix and Flip Project for sale.  3256 Curtis St. Denver CO 80205. 4 Bedrooms, 2 Baths, 2950 Sqft.  ARV $380K, FIX $80K, BUY $215K.

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The Great Wait? Free Building Permits in Denver

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Home Renovation Bonanza Investors!  Denver county is offering free building permits until June 15 for both contractors and homeowners.  This is great for saving a few bucks on your fix and flip projects.  However the downside of this bonanza is the possibility that inspectors will get overwhelmed by the number of people pulling permits and [...]

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FHA Property Flipping Rule Update

ATTENTION: THIS POST HAS 2010 UPDATES SEE THE LATEST: UPDATED FHA PROPERTY FLIPPING RULE WAIVER HERE FHA has updated their flipping rule and their website (see bottom of this email for link and the exact and complete verbiage from the FHA website). The old flipping rule was that the property could not be flipped by a rehabber [...]

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Old House Remodeling Series

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Historic Home Renovation and Remodeling Tips In this series we will discuss the all aspects of buying and remodeling older homes for both investors and owner occupant buyers.  The focus will be houses of the inner city Denver, Colorado neighborhoods like Baker, Curtis Park, Park Hill, Jefferson Park, City Park, Highlands, Potter Highlands and others. [...]

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Park Hill Tudor Fix and Flip Project For Sale

SOLD 1517 Olive St., Denver, CO 80207.  4 beds, 2 baths, 2 car, finished basement.  Original wood work, hardwood floors in basement!  ARV ~$299K, Fix estimate ~$40K, Sale Price $188,000.   Hardwood floors, original word work, doors, trim.  3 beds on main level.  Stately Tudor construction. Please Contact Us for more information about this property.  Enter [...]

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Park Hill Fixer, Denver 80207 $279,000

New Inventory Foreclosure Listing 6200 E 26th Ave., Denver, CO 80207.  5 beds, 6 baths, 0 car, partial finished basement.  This house should have living space converted back into a 2 car garage, which will reduce beds and baths, but likely create more value.  Good condition, not trashed, needs cosmetics.  Excellent location in Park Hill, [...]

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Prepare for Lender Meetings Like a Pro

Keep Updated Personal Financial Statements The best preparation for meeting with a lender – especially a private or hard money lender – is to have your “docs in a row.” When I work with a new client that does not have a current personal financial statement, our first step is to get their complete financial [...]

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Investment Property Purchase Formulas

Dealer Margin, Fix and Flip Profit, and Income Valuation One of the first lessons I teach new investors or distressed niche agents in our mastermind group lessons are the different financial models for purchasing investment property.  There are several types of real estate investors, and they use different criteria to estimate profits depending on the [...]

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