raivac's blog

Good afternoon everyone,

I have a buyer who recently sold a farm and now he needs to roll the funds into approximately (5) five single family homes as rentals to to take advantage of his 1031 exchange. Here is his criteria:

Properties will ideally in Arvada. However, he is looking at Westminster, Northglenn, Thornton and Gilpin county as an expanded area. Please stay west of I-25.

- Single family homes: no condos, townhomes, or multi-family.
- 3BR/2B
- sq ft - over 1000
- Cleaning or basic repairs, no major structural repairs or component replacemnts.
- These are going to be rentals so ROI should come in around 10%
- If the numbers work he is also looking at turn key rentals.

If you have properties let's partner up. Send me a PM and we can discuss details.