Interested in real estate investment property? Passive income?

As an income and investment property specialist, I can find you the perfect income properties for your real estate portfolio.  Are you ready to begin investing in real estate?  Are you a seasoned investor?  Do you need more passive income to round out your financial picture?  I know I do!  And I would love to assist you in working toward a lifestyle with more passive financial income.  Call me to get started.   In the meantime, take a look at some of the more recent investment properties that I have helped my clients buy and sell:
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303 Emery Dr. in Longmont was sold for $493,740 in 2014.  This 4,000 square foot property has 4-two bedroom units and was 100% fully leased when it sold.  This property is directly across from a nice family friendly park with some great shopping areas within walking distance.

Actual figures for this property: Projected figures for this property:
Annual Income:  $47,769 Annual Income:  $49,080
Annual Expense:  $10,225 Annual Expense:  $10,225
Annual Net Income:  $37,544 Annual Net Income:  $38,855

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8388 Saulsbury St in Littleton is a triplex that was built in 1995 and sold in 2014 for a steal at $576,000.  It is a 6,180 square foot property consists of 3-three bedroom, three bathroom units with an average of 2,060 per unit.  These units have nice yards are located in a great school district in the Littleton area.  This property is also almost a stone’s throw from Chatfield State Park and all the great outdoor amenities that the park has to offer.

Actual figures for this property: Projected figures for this property:
Annual Income:  $47,320 Annual Income:  $55,200
Annual Expense:  $11,568 Annual Expense:  $12,000
Annual Net Income:  $35,572 Annual Net Income:  $43,200

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This next property was sold in 2012 for $454,000 and is located at 393 S Downing St in Denver.  In one of the more popular areas of Denver, this 2951 square foot property consists of 2-two bedroom and 1-one bedroom units and is just a block away from Washington Park – talk about a great location!  This property served a residence for the owner with the other units serving as vacation rentals.
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4720-4722 S Bannock St in Englewood sold in 2014 for $360,000.  This great property is a duplex with 2-three bedroom, two-bathroom units. Located near Broadway and Belleview, these units are in a great starter home neighborhood with beautiful mature vegetation, nearby parks and quick access onto the Big Dry Creek Trail and South Platte River Trail.

Actual figures for this property: Projected figures for this property:
Annual Income:  $26,100 Annual Income:  $28,800
Annual Expense:  $1,837 Annual Expense:  $1,850
Annual Net Income:  $24,263 Annual Net Income:  $26,950

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10745 & 10755 W 13th Ave in Lakewood was sold for $790,000 in 2014.  This 6,500 square foot property has 8-two bedroom, two bathroom units and is conveniently located within a block of the Oak Light Rail Station on the West Corridor Light Rail line giving residents easy access to all the many locations that the light rail services.  One of the best parts of this property is that it has 4 units in 2 separate buildings.  If the owner ever chooses, it is possible to sell them separate from each other.

Actual figures for this property: Projected figures for this property:
Annual Income:  $80,000 Annual Income:  $80,000
Annual Expense:  $25,000 Annual Expense:  $25,000
Annual Net Income:  $55,000 Annual Net Income:  $55,000

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10791-10793 W 13th Ave in Lakewood area is a triplex of units that were sold in 2014 for $510,000.  This property was exceptional – completely redone and right on the light rail.  Each unit has 2 bedrooms, one bathroom and are approximately 848 square feet.  Not only were they completely renovated with stylish contemporary finishes and Euro-modern cabinetry, the kitchen could also boast of beautiful quartz counter tops and stainless appliance.  These units were in a great location for catching the light rail and had the beauty of a lush park and creek nearby.
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Lastly, 1454 Perry St in Denver’s west Colfax neighborhood (just south of Sloan’s Lake)  is a great 2,660 square foot bungalow with a Mother-in-law suite and separate entrance.  This property sold for $317,000 in 2012 and had been remodeled with new electric, plumbing, windows, kitchen, bathrooms, landscape, furnace and water heater.  It was simply waiting for the right buyer with immediate income potential!
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Rachel Betz specializes in small, multi-family investment income properties in addition to being a certified Luxury Home Marketing Specialist.  Call Rachel today for more details:  303-534-5000

Investor Opportunity Coming Soon in Athmar Park, “the best little known neighborhood in Denver”

Looking for a terrific rental, investment or starter home?  You must see this single family ranch!  It offers three bedrooms, one bath, with a large lot on a quiet street.  Welcome home to your front living room or cozy up to the fireplace in the family room. Plus, enjoy an additional bedroom/flex space for whatever your needs might be – craft room, kids lounge, man cave, etc.  Enjoy outdoor dining on the covered side patio and fenced in yard.  Did we mention the yard?  It’s beautiful with stunning mature landscaping and towering trees to provide the perfect mix of sun and shade.  Do you have a passion for tinkering?  The oversized two car garage includes terrific workshop space.  You also have storage galore with two utility sheds, and the property offers an attached carport for easy in and out parking from the street, and rv parking for all your big kid toys!

The home has beautiful wood floors, new carpet & kitchen flooring, and fresh paint.  It has many retro details as well, so whether you’re looking to put your stamp on your new home, or love classic retro finishes, this home is a terrific option!

Living in Athmar Park you can be treated to some of the best Vietnamese and traditional Mexican food in town. You are 5 minutes from downtown, and three minutes from one of the premier parks in Denver.  Stunning Huston Lake Park with its long grass and marshy shorelines and a paved trail just under a mile long is the perfect gathering place for your neighbors, the dogs, soccer players, volleyball and bbqs.  Not to mention the playground and basketball courts. This is one of the very last neighborhoods in the city that is still affordable.  We anticipate property values to jump in the next 5 years.  Don’t wait!

Join  the Athmar Park Neighborhood Community Association, staffed with all local volunteers, and share in the events and opportunities that make a community great.  Two minutes from your home is the Athmar Library housed in a renovated church.  “After School is Cool” provides young kids and teenagers book clubs, arts and crafts and a sharing spirit. Of course the Athmar Rec Center has to be mentioned.  Also so close to your new home, this four and a half star rec center provides fitness classes and swim lessons for the entire family to keep in shape in a safe, supportive and quality environment.

And why the name Athmar Park?  According to urban legend, it originated in 1946 from Thomas and John R. McCusker who purchased and developed the Denver subdivision combining the names of their two wives Althea and Mary.

Call us today for more details before the home even hits the market – we’re 2 weeks away from going live!

Call Kathie Baratta (720-272-6452), Buyer Specialist for the Rachel Betz Real Estate Group, for more information.

Rachel Betz’s Top 2 Metro Denver Investment Income Properties – February 2015

As an income and investment property specialist, I can find you the perfect income properties for your portfolio.  Are you ready to begin investing in real estate?  Are you a seasoned investor?  Do you need more passive income to round out your financial picture?  I know I do!  And I would love to assist you in working toward a lifestyle with more passive financial income.  Call me to get started.

The first of two fantastic opportunities can be found at 4250 W 70th Place in Westminster and is listed for $575,000.  In a convenient location close to shopping, some great parks and Westminster High School, this 4,380 square foot property has 5 recently remodeled two bedroom units with new stoves, refrigerators, flooring, kitchens, baths, and a new energy efficient boiler.

Actual figures for this property:
Annual Income:  $58,440
Annual Expense:  $16,364
Annual Net Income:  $42,076

Projected figures for this property:
Annual Income:  $64,600
Annual Expense:  $46,365
Annual Net Income:  $47,235

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The second property is listed for $560,000 and is located at 6203 Dover St in Arvada.  This 4968 square foot property consists of 4-two bedroom and 2-one bedroom units and is just minutes from Olde Town Arvada with all of its charming shops and restaurants.

Actual figures for this property:
Annual Income:  $58,490
Annual Expense:  $14,084
Annual Net Income:  $44,406

Projected figures for this property:
Annual Income:  $62,244
Annual Expense:  $7,120
Annual Net Income:  $55,124

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These are terrific investor opportunities with immediate positive cash flow.  Call us to discuss how we can help you develop the perfect real estate investment strategy for you and your future!

Rachel Betz specializes in small, multi-family investment income properties in addition to being a certified Luxury Home Marketing Specialist.  Call Rachel today  for more details:  303-534-5000

December 2014 – Monthly Real Estate Market Update

Rachel Betz is currently posting her real estate market updates the first week of each month for the previous month.  In each report, you will find information on the Denver metro area (Adams, Arapahoe, Broomfield, Denver, Douglas, and Jefferson counties), with specific information on both attached and detached residential properties. You will also find information that pertains to the Denver Luxury Home Market ($500,000+), and for some of Denver’s top neighborhood zip codes (80202, 80206, 80209, 80211, 80212, 80220). Always check back or call for the latest Denver market information!

To download the full December report, click here: Dec 2014 Denver Metro Real Estate Market Update by Rachel Betz Real Estate

Market Update Highlights for the month of December 2014 include:
-Days on market for both attached and detached residential properties (all price-points) continue to remain low compared with recent years.  Detached properties averaged 46 days on market last month (56 days on market in December of 2013).  Attached properties averaged 38 days on market last month (53 on market days in December of 2013).

-In the Luxury Home Market, the average sales price actually rose slightly in December to $774,839 from $754,884.  In December of 2013 the average luxury home sale price was $711,768.

-The most expensive home that sold in the Denver metro area in December was a condo for $4,401,000 in Boulder.  This 3 bedroom/4 bathroom top-floor penthouse has 4,400 sq ft of living space with an amazing media room and fantastic view of CU Stadium, the Flatirons, and Flagstaff mountain.

– The least expensive detached single family home sold for $12,900 in Sterling, CO. It is a very small home (683 sqft) built in 1926 and is in need of many repairs.  It is sure to be a handyman’s delight!

-With a possible raise in interest rates coming the end of the first quarter of 2015, now is the time to buy or refinance.  The historically low interest rates that we have enjoyed may soon be coming to an end.  This first quarter will be an opportune time to pick up a new home or investment property while the rates are still low.*

-Fannie Mae and Freddie Mac recently announced down payment programs for first-time buyers.  This will allow those with good credit to qualify with a 3% down payment rather than 5%.*

Call me anytime to discuss what this market information means for you and your real estate investments.  Rachel Betz 303-534-5000

*Info obtained from www.cnbc.com

Amazing Colorado Home Mortgage Programs for Doctors MD

Physicians have unique needs when it comes to purchasing a new home or new investment property. You need to have a powerful team on your side that understands those needs and can help you find the home of your dreams or that next great investment.  Having a real estate professional and a lender who understand your unique needs can make all the difference in your home buying experience. We have your real estate needs covered, and we have the connections you need to find a lender that can serve your financial needs.

We understand that while many physicians (whether newly licensed, in residency, or already actively practicing) often have great credit scores with very low default rates on mortgages they may carry, their debt load is often higher than average because of medical school loans.  In light of this, we have found lenders who have developed specialized residential mortgage loans (doctor or physician loans) that will balance the student loans that you carry with the earning potential that you anticipate.  In some cases, you may simply need to provide an employment contract rather than a history of pay stubs as proof of income.

Finding the right specialized loan that serves your needs will allow you to settle quickly into your new home.  Many of these specialized residential home loans include things like:

1.  Little money down
2.  Often doesn’t calculate your student loan towards the loan to income ratio
3.  No PMI (Private Mortgage Insurance)
4.  Owner occupied purchase and rate/term finance
5.  Programs which allow for asset depletion for additional qualifying income
6.  Loans up to $1 million or jumbo mortgages up to $3.5 million

Your mortgage can be a vital piece to your personal wealth management plan and we have the information you need to help you with your goals!

If you have any questions, please don’t hesitate to call! We are here to assist you!  Rachel Betz Real Estate 303-534-5000.

SOLD! Great Investment Opportunity or New Starter Home in Westminster!

This great starter home/investment property went under contract in less than 48 hours…

Whether you are looking to pick up a little something to bring in extra investment income, or are simply done renting and finally ready to own your own place, this townhome is worth a look!  It will not last long!

Be greeted in this Westminster town home by beautiful solid surface flooring in a spacious living room. Enjoy the view to your large patio perfect for lots of grilling and a little gardening, very private enclosed by new, 6′ wooden slat fencing. Main level powder room for your guests and convenient laundry with all appliances included. This three bedroom town home has plenty of closet space including two separate closets in Master. Full bath on bedroom level. New paint throughout. Quiet corner unit in four plex, with easy access to Highway 36, this home is a easy and quick commute to both Denver and Boulder.

For further information, please call Kathie Baratta at 720-272-6452.

 

Just Reduced! Just $509,000 for magnificent rural living Mead, CO!

PRICE REDUCTION!  NOW $509,000!

For more photos of this home, please visit the virtual tour for 3312 County Road 38, Mead, CO 80542

This spacious home in Mead Colorado is perfect for the family who enjoys entertaining.  Have you always wanted to host a private pool party?  Throw one for your friends and family around your own heated outdoor pool!  Mature landscaping, a covered patio and a gazebo await your guests!

This 7 bedroom/4 bathroom home features a main floor master bedroom and an open and inviting backyard complete with mountain and city views.  With a recently updated kitchen, newer carpet and fresh paint, the upstairs living and dining area of this spacious home is a nice indoor compliment to all your entertaining possibilities.

The newer construction income/mother-in-law/office unit comes complete with full bath, bedroom, kitchen, and a living area with ceiling fans to draw in those cool summer breezes.  This unit has lovely views of the pasture and is the perfect space that can be used for a family member, a little extra income or as a refuge for a guest in need of a little space of their own.

With a population of less than 4,000, Mead is an ideal location in Weld County to enjoy quiet neighborhoods and small town living with easy and quick access (30 minutes) to all the major surrounding cities – Boulder, Denver, and Fort Collins.

On 1.67 acres, this mostly fenced horse property has plenty of space.  An over-sized, detached, 4 car tandem garage includes a shop, loft and room for RV storage.  There are a total of 6 parking spaces between the attached and detached garages.

For a showing, contact Rachel Betz at 303-534-5000.

Open House! Mead, CO – Saturday (10/18) from 12-3pm

Join us for an open house this Saturday (Oct 18) from 12:00-3:00pm.  Come and check out this beautiful, spacious home!

PRICE REDUCTION!  NOW $519,900!

For more photos of this home, please visit the virtual tour for 3312 County Road 38, Mead, CO 80542

This spacious home in Mead Colorado is perfect for the family who enjoys entertaining.  Have you always wanted to host a private pool party?  Throw one for your friends and family around your own heated outdoor pool!  Mature landscaping, a covered patio and a gazebo await your guests!

This 7 bedroom/4 bathroom home features a main floor master bedroom and an open and inviting backyard complete with mountain and city views.  With a recently updated kitchen, newer carpet and fresh paint, the upstairs living and dining area of this spacious home is a nice indoor compliment to all your entertaining possibilities.

The newer construction income/mother-in-law/office unit comes complete with full bath, bedroom, kitchen, and a living area with ceiling fans to draw in those cool summer breezes.  This unit has lovely views of the pasture and is the perfect space that can be used for a family member, a little extra income or as a refuge for a guest in need of a little space of their own.

With a population of less than 4,000, Mead is an ideal location in Weld County to enjoy quiet neighborhoods and small town living with easy and quick access (30 minutes) to all the major surrounding cities – Boulder, Denver, and Fort Collins.

On 1.67 acres, this mostly fenced horse property has plenty of space.  An over-sized, detached, 4 car tandem garage includes a shop, loft and room for RV storage.  There are a total of 6 parking spaces between the attached and detached garages.

For a showing, contact Rachel Betz at 303-534-5000.

Rare Find in Glennbrook – Denver

The virtual tour for 4993 Hoyt St, Denver, CO

This extra clean, fully finished, 3 bedroom, 3 bath home is a rare find in the Glennbrook sub-division.  This home can boast of an updated kitchen, bathrooms, and a nice open main floor living area.  The backyard includes a cozy, covered deck, perfect for some quiet conversation with your family.  This gem is close to shopping and with quick access to C-470, you will have easy mountain or downtown access.  The Southwest Recreation Center is a close walk and offers access to both a fitness center and a pool.  Do you have a four-legged family member?  There are also two great little parks nearby to offer a little recreation for Rover too!

This home would be a terrific investor opportunity for immediate positive cash flow.  Call us to discuss how we can help you develop the perfect real estate investment strategy for you and your future!

For more information, please contact Kathie Baratta: 720-272-6452

Price Reduction! Now $509,000! Mead Colorado Home On Acreage With Income Suite

PRICE REDUCTION!  NOW $509,000!

For more photos of this home, please visit the virtual tour for 3312 County Road 38, Mead, CO 80542

This spacious home in Mead Colorado is perfect for the family who enjoys entertaining.  Have you always wanted to host a private pool party?  Throw one for your friends and family around your own heated outdoor pool!  Mature landscaping, a covered patio and a gazebo await your guests!

This 7 bedroom/4 bathroom home features a main floor master bedroom and an open and inviting backyard complete with mountain and city views.  With a recently updated kitchen, newer carpet and fresh paint, the upstairs living and dining area of this spacious home is a nice indoor compliment to all your entertaining possibilities.

The newer construction income/mother-in-law/office unit comes complete with full bath, bedroom, kitchen, and a living area with ceiling fans to draw in those cool summer breezes.  This unit has lovely views of the pasture and is the perfect space that can be used for a family member, a little extra income or as a refuge for a guest in need of a little space of their own.

With a population of less than 4,000, Mead is an ideal location in Weld County to enjoy quiet neighborhoods and small town living with easy and quick access (30 minutes) to all the major surrounding cities – Boulder, Denver, and Fort Collins.

On 1.67 acres, this mostly fenced horse property has plenty of space.  An over-sized, detached, 4 car tandem garage includes a shop, loft and room for RV storage.  There are a total of 6 parking spaces between the attached and detached garages.

For a showing, contact Rachel Betz at 303-534-5000.