Archive for the 'Investors' Category

Staying on Top of Downtown Denver Development

Friday, August 3rd, 2007

One of my favorite Denver bloggers is Ken Schroeppel. Ken describes himself as an urban planner, downtown enthusiast and Denver booster.

Ken has been blogging about Denver downtown projects for the last two years. He not only has the answers about what is being discussed and planned, but the current status of projects. Ken gives us his unbiased opinion on a blog that is not for profit. This is his passion and he shares it with us at the Denver Infill Blog. I had the wonderful opportunity to meet Ken at a luncheon a few weeks ago. His passion is contagious. Ken loves Denver and keeping us informed of the good and sometimes bad side of Denver development.

Denver-Infill-BlogDowntown-Denver-Parking-Lot

Why does he do it?

To provide a resource for the community

To track the progress of improvements in the downtown area

To encourage investment in our amazing city

To promote Denver “to the world”

To encourage all of us to work together to revitalize Denver

To record changes in downtown Denver

To feed his passion, have fun and enhance his career

 

Don’t miss Ken’s blog if you would like to stay on top of the amazing, and always changing, development picture in downtown Denver.

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Building Personal Wealth One House at a Time

Tuesday, July 3rd, 2007

If you are considering investing in real estate, build your portfolio one house at a time.

 

Home buyers who intend on living in a home have great benefits that do not apply when purchasing a home for investment purposes.

1. Lower monthly payments because of better mortgage interest rates

2. Lower down payment requirements

3. Intimate knowledge of the repair history and the quirks of the house

 

When it is time to move, consider keeping your current home to start building your investment portfolio. Most people move every three to five years. If we keeping our current homes as we buy new ones, in twenty five years we will own more than seven properties generating passive income. We may even trade up a few times and own several apartment buildings or commercial properties.

So next time you are ready to move, take time to consider whether or not keeping your current home will help you succeed in building the level of wealth you need for a secure future. Live in your future investment property first. While it may not be the right time to sell, it may be the right time to rent out your home as you move into a new one.

Related Articles: Beyond Cash Flow– Evaluating Your Return on Investment