37 Burst results for "Denver."
Fresh update on "denver." discussed on The Clay Travis and Buck Sexton Show
"Ten W IO D the FBI has issued what it calls a final investigative statement in the death of Gabi petito saying her fiance confessed to killing her The bureau's Denver field office says Brian laundry took responsibility for Gabby potato's death in a notebook found with his body at a Florida nature preserve in October investigators believe laundry killed his fiance during a cross country trip in August and left her body at a camping area near grand teton national park in Wyoming where her body was discovered September 19th The FBI says attention on mass media and social media was invaluable in solving the case I'm Gordon bird Health officials reported 38,614 new COVID-19 cases yesterday hospitalizations are trending lower numbers with the Florida hospital association reporting 11,200 current COVID patients being treated in Florida hospitals The president of Florida international university Mark B Rosenberg announces his resignation in a letter to faculty Rosenberg said he was stepping down and cited his and his wife's health has a reason for the decision Micro Nando served as president for FIU's alumni association and got emotional when talking about Rosenberg's departure He has had a very challenging family set of circumstances with his wife It's something he has kept very private But in addition I could have decided that this was a time to go Doctor Kenneth jessel will serve as interim president while the university searches for their next president Florida's unemployment rate in December was 4.4% down from 4.5% a month before However 466,000 floridians remain jobless beachgoers near Tampa Bay got a surprise after hundreds of sea urchins appear on shore Yesterday Florida fish and wildlife officials said the sea urchins on Madeira beach probably washed up due to recent storms with Florida's news I'm Jessica veron On the road there's a thin line between safety and tragedy Don't cross it Get law enforcement first responders and service professionals the space needed to do their jobs When you see flashing lights move over a lane or slow down 20 miles an hour below the posted speed limit See lights Move over Florida It's common sense It's common courtesy and it's the law Brought to you by the Florida department of highway safety and motor vehicles Wesley had IRS troubles They've got really bad Seriously thought that I was going to lose everything Wesley called optimate tax relief They were great people They know what they're doing Optum attacks relief came through with flying colors I saved an incredible amount.
Morant scores 38, Grizzlies knock off Jokic, Nuggets 122-118
"John John John John Moran Moran Moran Moran trains trains trains trains a a a a game game game game high high high high thirty thirty thirty thirty eight eight eight eight points points points points to to to to help help help help the the the the Grizzlies Grizzlies Grizzlies Grizzlies outlast outlast outlast outlast the the the the nuggets nuggets nuggets nuggets one one one one twenty twenty twenty twenty to to to to one one one one eighteen eighteen eighteen eighteen the the the the Grizzlies Grizzlies Grizzlies Grizzlies won won won won for for for for the the the the thirteenth thirteenth thirteenth thirteenth time time time time in in in in the the the the last last last last fifteen fifteen fifteen fifteen games games games games using using using using a a a a twenty twenty twenty twenty one one one one a a a a four four four four second second second second half half half half run run run run to to to to turn turn turn turn a a a a five five five five point point point point deficit deficit deficit deficit into into into into a a a a twelve twelve twelve twelve point point point point lead lead lead lead that that that that they they they they wouldn't wouldn't wouldn't wouldn't relinquish relinquish relinquish relinquish Moran Moran Moran Moran did did did did his his his his part part part part scoring scoring scoring scoring thirty thirty thirty thirty six six six six of of of of us us us us thirty thirty thirty thirty eight eight eight eight over over over over the the the the first first first first three three three three quarters quarters quarters quarters no no no no once once once once I I I I did did did did so so so so you you you you know know know know my my my my normal normal normal normal spas spas spas spas is is is is pretty pretty pretty pretty much much much much a a a a bucket bucket bucket bucket so so so so I I I I can can can can see see see see you you you you know know know know font font font font found found found found ways ways ways ways to to to to get get get get to to to to those those those those spots spots spots spots and and and and also also also also you you you you just just just just made made made made the the the the right right right right reason reason reason reason they they they they would would would would have have have have a a a a big big big big game game game game here here here here tonight tonight tonight tonight Denver's Denver's Denver's Denver's Nikola Nikola Nikola Nikola jokic jokic jokic jokic gave gave gave gave the the the the Grizzlies Grizzlies Grizzlies Grizzlies all all all all they they they they could could could could handle handle handle handle nothing nothing nothing nothing is is is is fourth fourth fourth fourth straight straight straight straight triple triple triple triple double double double double in in in in his his his his eleventh eleventh eleventh eleventh of of of of the the the the season season season season scoring scoring scoring scoring twenty twenty twenty twenty six six six six points points points points with with with with eleven eleven eleven eleven rebounds rebounds rebounds rebounds and and and and twelve twelve twelve twelve assists assists assists assists I'm I'm I'm I'm Danny Danny Danny Danny cap cap cap cap
Fresh update on "denver." discussed on WTOP 24 Hour News
"Michael we'll start with college troops tough challenge for Georgetown They're seeking that elusive first win in the big east this season taking on number 11 Villanova and for live update we checked back at Capital One arena with Dave Preston We have Dave All right Ben and I don't think we have Dave Don't have Dave Well we can fill you in Villanova leading Georgetown 29 28 hoyas hanging tough 5 and a half minutes remaining in the first half and that one Georgetown again looking to avoid their first zero and 5 start in conference play in program history elsewhere George Washington and Rhode Island just underway the rams leading the colonials ten three early in the first half in that one NFL they're down to the final 8 playoffs continue this afternoon the Bengals in Tennessee Titans activating running back Derrick Henry from injured reserve the Bengals Meanwhile seeking their first road playoff win in franchise history elsewhere in the NFL Denver Broncos ramping up their initial round of interviews for their head coaching vacancy the Broncos have interviewed ten candidates including chiefs offensive coordinator Eric Biennale and in the NHL capitols back at Capital One arena tonight taking on the Ottawa senators camps of shorthanded bunch they'll be missing three of their top four defensemen Then rabbi sports Thank you Ben just ahead after traffic and weather Some buzzworthy.
Francouz steps in, Avs beat Wild in SO, 14th home win in row
"Colorado Colorado won won its its franchise franchise record record fourteenth fourteenth consecutive consecutive home home game game weather weather prevailed prevailed in in a a shootout shootout for for three three over over Minnesota Minnesota coach coach Jared Jared Bednar Bednar we've we've played played really really well well in in this this building building for for more more than than just just this this year year and and you you know know I I I I I I love love it it because because our our fans fans get get to to come come watch watch us us play play some some real real good good hockey hockey they they get get to to go go home home happy happy have have a a good good time time in in the the shoot shoot out out the the only only goal goal was was scored scored by by Mikko Mikko Rantanen Rantanen he he finished finished with with two two goals goals and and an an assist assist meanwhile meanwhile back back up up goalie goalie Pavel Pavel fronts fronts those those turned turned away away all all three three shots shots he he saw saw after after pulling pulling goalie goalie cop cop a a continent continent the the wild wild forced forced the the extra extra session session when when Carrillo Carrillo capris capris off off scored scored at at seventeen seventeen oh oh nine nine of of the the third third period period his his second second goal goal of of the the game game Bruce Bruce Morton Morton Denver Denver
Gobert has double-double, Jazz beat Nuggets 125-102
"Rudy Rudy Gobert Gobert returned returned from from a a five five game game absence absence and and led led Utah Utah one one twenty twenty five five one one oh oh two two victory victory over over the the nuggets nuggets go go bear bear was was out out because because of of health health and and safety safety protocols protocols but but made made a a big big difference difference once once he he was was back back on on the the floor floor with with eighteen eighteen points points and and nineteen nineteen rebounds rebounds Donovan Donovan Mitchell Mitchell was was game game high high with with thirty thirty one one points points as as the the jazz jazz ended ended a a four four game game losing losing streak streak Utah Utah scored scored the the first first eleven eleven points points of of the the fourth fourth quarter quarter for for a a one one oh oh two two eighty eighty eight eight lead lead and and the the rest rest was was easy easy the the nugget nugget defeat defeat came came despite despite Nicole Nicole yoga yoga just just ninth ninth triple triple double double of of the the season season Bruce Bruce Morton Morton Denver Denver
Clippers rally from 25 down in 2nd half, stun Nuggets 87-85
"The the LA LA clippers clippers came came from from twenty twenty five five points points down down to to beat beat the the Denver Denver Nuggets Nuggets eighty eighty seven seven eighty eighty five five the the clippers clippers scored scored a a meager meager twenty twenty eight eight points points in in the the first first half half then then fell fell behind behind fifty fifty nine nine thirty thirty four four midway midway through through the the third third quarter quarter before before rallying rallying coach coach Tyronn Tyronn Lue Lue won won his his team's team's improbable improbable win win usually usually when when you you see see a a team team come come back back with with twenty twenty five five it's it's always always close close the the you you know know who's who's in in the the game game at at the the end end I'm I'm so so sweet sweet so so sweet sweet you you know know us us I'm I'm scrambling scrambling to to get get a a win win this this game game I I thought thought we we really really needed needed it it and and I I thought thought god god deserved deserved it it Amir Amir Coffey Coffey had had eighteen eighteen points points to to top top the the clips clips Aaron Aaron Gordon Gordon scored scored a a season season high high thirty thirty to to lead lead Denver Denver mark mark Myers Myers Los Los Angeles Angeles
Bolton's fumble return sparks Chiefs' 28-24 win over Broncos
"Kansas Kansas city city kept kept alive alive its its bid bid for for the the top top seed seed in in the the AFC AFC playoffs playoffs by by defeating defeating the the Broncos Broncos twenty twenty eight eight twenty twenty four four that that she's she's got got two two touchdown touchdown passes passes from from Patrick Patrick Mahomes Mahomes but but they they took took a a twenty twenty eight eight twenty twenty one one lead lead in in the the fourth fourth quarter quarter when when a a fumble fumble by by Melvin Melvin Gordon Gordon bounced bounced into into the the appreciative appreciative hands hands of of rookie rookie linebacker linebacker Nick Nick Bolton Bolton who who huffed huffed and and puffed puffed eighty eighty six six yards yards to to the the house house again again because because if if it's it's your your lan lan has has seven seven studs studs in in off off of of the the field field in in a a honest honest looked looked a a little little bit bit at at that that point point I I was was how how to to get get to to the the end end zone zone stock stock also also gets gets an an Amazon Amazon gets gets us us off off our our team team helps helps one one to to gain gain the the top top seed seed Casey Casey willing willing help help namely namely a a Tennessee Tennessee loss loss on on Sunday Sunday to to Houston Houston the the Broncos Broncos finish finish seven seven and and nine nine and and continue continue as as Kansas Kansas city's city's personal personal punching punching bag bag having having lost lost to to the the chiefs chiefs thirteen thirteen consecutive consecutive times times Bruce Bruce Morton Morton Denver Denver
Roadies: Bogdanovic scores 36, Jazz beat Nuggets 115-109
"Utah Utah won won for for the the eighth eighth time time in in nine nine tries tries when when it it defeated defeated the the nuggets nuggets one one fifteen fifteen to to one one oh oh nine nine boy boy on on Bogdanovich Bogdanovich led led all all scorers scorers with with a a season season high high thirty thirty six six points points I I mean mean I I just just feel feel so so great great and and I'm I'm trying trying to to be be to to be be aggressive aggressive and and do do whatever's whatever's think think too too many many games games the the jazz jazz opened opened up up a a ten ten point point lead lead after after three three quarters quarters and and kept kept the the nuggets nuggets at at bay bay winners winners of of ten ten straight straight road road games games Utah's Utah's just just a a game game and and a a half half off off the the Western Western Conference Conference lead lead the the nuggets nuggets lost lost despite despite twenty twenty six six points points twenty twenty one one rebounds rebounds and and eleven eleven assists assists from from the the Colegio Colegio cage cage Bruce Bruce Morton Morton Denver Denver
Officials: Nearly 1K homes destroyed in Colorado wildfire
"Some some Colorado Colorado residents residents are are starting starting off off the the new new year year trying trying to to salvage salvage what what remains remains of of their their homes homes after after a a wildfire wildfire tore tore through through the the Denver Denver suburbs suburbs president president Biden Biden issued issued a a major major disaster disaster declaration declaration for for Colorado Colorado after after devastating devastating wildfires wildfires tore tore through through homes homes and and businesses businesses between between Denver Denver and and boulder boulder officials officials say say three three people people are are reported reported missing missing burnt burnt out out subdivisions subdivisions blocked blocked off off by by National National Guard Guard troops troops at at Humvees Humvees were were still still smoldering smoldering under under a a blanket blanket of of snow snow that that fell fell to to late late to to curb curb the the fires fires billion billion Klein Klein lost lost his his home home in in superior superior they they had had to to go go see see it it for for himself himself just just unbelievably unbelievably fast fast boulder boulder county's county's office office of of emergency emergency management management said said its its call call center center was was overwhelmed overwhelmed with with people people looking looking for for help help after after losing losing everything everything including including their their computers computers in in fires fires that that destroyed destroyed nearly nearly one one thousand thousand homes homes according according to to the the latest latest estimate estimate official official shut shut off off water water in in the the burn burn areas areas to to restore restore pressure pressure and and prevent prevent pipes pipes from from freezing freezing and and utility utility companies companies were were working working to to restore restore electricity electricity and and natural natural gas gas I'm I'm Jennifer Jennifer king king
Officials: 2 missing in devastating Colorado wildfire
"Some some Colorado Colorado residents residents are are starting starting off off the the new new year year trying trying to to salvage salvage what what remains remains of of their their homes homes after after a a wildfire wildfire tore tore through through the the Denver Denver suburbs suburbs president president Biden Biden issued issued a a major major disaster disaster declaration declaration for for Colorado Colorado after after devastating devastating wildfires wildfires tore tore through through homes homes and and businesses businesses between between Denver Denver and and boulder boulder seven seven people people were were hurt hurt and and after after coming coming to to agency agency reports reports boulder boulder county county spokeswoman spokeswoman Jennifer Jennifer Churchill Churchill says says the the two two people people are are reported reported missing missing burnt burnt out out subdivisions subdivisions blocked blocked off off by by National National Guard Guard troops troops at at Humvees Humvees were were still still smoldering smoldering under under a a blanket blanket of of snow snow that that fell fell to to late late to to curb curb the the fires fires billion billion Klein Klein lost lost his his home home in in superior superior they they had had to to go go see see it it for for himself himself just just unbelievably unbelievably fast fast you you know know it it wouldn't wouldn't pull pull their their county's county's office office of of emergency emergency management management said said its its call call center center was was overwhelmed overwhelmed with with people people looking looking for for help help after after losing losing everything everything including including their their computers computers in in fires fires that that destroyed destroyed an an estimated estimated five five hundred hundred homes homes officials officials shut shut off off water water in in the the burn burn areas areas to to restore restore pressure pressure and and prevent prevent pipes pipes from from freezing freezing and and utility utility companies companies were were working working to to restore restore electricity electricity and and natural natural gas gas I'm I'm Jennifer Jennifer king king
Wildfires prompt evacuations and destroy homes in Boulder County, Colorado
"A a wind wind fueled fueled fire fire outside outside Denver Denver has has destroyed destroyed hundreds hundreds of of homes homes and and forced forced thousands thousands of of residents residents to to flee flee truly truly unimaginable unimaginable Colorado Colorado governor governor Jared Jared polis polis says says it it happened happened in in the the blink blink of of an an eye eye after after a a dry dry fall fall and and very very little little winter winter snow snow so so far far a a fire fire fed fed by by one one hundred hundred mile mile an an hour hour wind wind gusts gusts ripped ripped through through neighborhoods neighborhoods with with terrifying terrifying speed speed boulder boulder county county sheriff sheriff Joe Joe Pelle Pelle E. E. says says it it likely likely destroyed destroyed at at least least five five hundred hundred homes homes maybe maybe even even a a thousand thousand it's it's unbelievable unbelievable when when you you look look at at the the devastation devastation that that we we don't don't have have a a list list of of a a hundred hundred missing missing persons persons there there are are no no reports reports of of anybody anybody missing missing and and Polish Polish says says no no known known deaths deaths we we might might have have our our very very own own new new year's year's miracle miracle on on our our hands hands of of it it holds holds up up that that there there was was no no loss loss of of life life I'm I'm Sager Sager make make ani ani a a wind wind fueled fueled fire fire outside outside Denver Denver has has destroyed destroyed hundreds hundreds of of homes homes and and forced forced thousands thousands of of residents residents to to flee flee truly truly unimaginable unimaginable Colorado Colorado governor governor Jared Jared polis polis says says it it happened happened in in the the blink blink of of an an eye eye after after a a dry dry fall fall and and very very little little winter winter snow snow so so far far a a fire fire fed fed by by one one hundred hundred mile mile an an hour hour wind wind gusts gusts ripped ripped through through neighborhoods neighborhoods with with terrifying terrifying speed speed boulder boulder county county sheriff sheriff Joe Joe Pelle Pelle E. E. says says it it likely likely destroyed destroyed at at least least five five hundred hundred homes homes maybe maybe even even a a thousand thousand it's it's unbelievable unbelievable when when you you look look at at the the devastation devastation that that
Colorado wildfires burn hundreds of homes, force evacuations
"Hundreds hundreds of of homes homes and and other other buildings buildings burned burned by by wildfire wildfire into into Colorado Colorado suburbs suburbs Colorado Colorado governor governor Jerryd Jerryd Bayless Bayless is is a a fast fast moving moving wildfire wildfire tore tore into into Lewisville Lewisville and and superior superior to to boulder boulder county county town town some some twenty twenty miles miles from from Denver Denver suburban suburban sub sub developments developments stores stores it's it's like like the the neighborhood neighborhood do do you you live live in in it's it's like like the the neighborhood neighborhood that that any any of of us us live live in in the the damage damage assessment assessment is is just just beginning beginning as as families families of of residents residents await await word word on on their their property property and and in in some some cases cases businesses businesses the the governor governor says says no no matter matter what what help help is is available available for for those those who who lost lost everything everything that that they've they've had had know know that that we we will will be be there there for for you you the the region region known known as as the the front front range range is is home home to to most most of of Colorado's Colorado's population population ninety ninety percent percent of of boulder boulder county county is is in in severe severe or or extreme extreme drought drought with with no no substantial substantial rainfall rainfall since since mid mid summer summer I'm I'm to to McGuire McGuire
John Solomon Calls in to Discuss the Job Creators Network
"I'm just talking a little about job creators network and this Kavanaugh deadline today. How do you read the tea leaves on this thing? Where's it going? Well, listen, first off, I better understand 30 years. And when I came to this town, there was only one small business lobby. It's called NFIB, the national federation of independent businesses and they have gone silent in the last 5 ten years. You don't see them here. And job creators network has become one of the most forceful voices in all of corporate America, but particularly for Main Street America in small business. So over the course of this year, they've done a lot of big things. They sued Major League Baseball to call attention to the economic losses from moving the All-Star Game to from Atlanta to Denver. They got involved in some of these mandates. And now with this particular mandate, the private businessman that they've gotten to the Supreme Court was one of the I think big challenges. And I think it's going to sound, is there in federal law, the capability for government on its own executive branch to impose upon business and requirements, they get their employees vaccinated. A lot of people that I've talked to legal experts both on the left and right think this is a dubious power that Biden has assumed. And so I think this court is going to look, it's a 6 three conservative court, particularly when you look at economic and economic freedom issues. Robert says to be more consistent with the other 5 conservative justices, a 6 three pro anti regulatory coalition. I think probably the court is going to come down and say that this is unconstitutional and it can't be done. But we'll have to wait and see this is going to be one of the first big tests of big government's power under the Biden administration. But a lot of the experts I'm talking to expect the court to either be 6 three 5 four saying that this doesn't exist in law the power to do this doesn't exist a mob and only Congress can bestow that power to the executive branch. You always pucker when you're talking about John Roberts because he
Curry makes 3,000th 3-pointer, Nuggets edge Warriors 89-86
"Although although the the nuggets nuggets squandered squandered a a twenty twenty four four point point halftime halftime lead lead the the warriors warriors came came back back to to tie tie the the game game but but never never had had the the lead lead and and Denver Denver hangs hangs on on upset upset Golden Golden State State eighty eighty nine nine eighty eighty six six center center Nikola Nikola jokic jokic had had a a double double double double with with twenty twenty two two points points and and eighteen eighteen rebounds rebounds will will Barton Barton added added twenty twenty one one for for the the nuggets nuggets who who are are now now seventeen seventeen and and sixteen sixteen any any type type recruit recruit get get weather's weather's pretty pretty ugly ugly we'll we'll take take it it and and we we know know arm arm with with just just a a couple couple plays plays away away from from going going on on a a big big moisture moisture so so we we gotta gotta just just keep keep we we don't don't wanna wanna get get Wednesday Wednesday everything everything accomplished accomplished the the win win overshadowed overshadowed warriors warriors guard guard Steph Steph and and curry curry who who became became the the first first player player in in NBA NBA history history to to reach reach three three thousand thousand three three pointers pointers made made curry curry finished finished with with a a game game high high twenty twenty three three points points including including five five threes threes Riley Riley on on San San Francisco Francisco
NFL reduce isolation, Madden dies, Air Force, Gonzaga win
"AP AP sports sports I'm I'm John John Steph Steph curry curry regional regional milestone milestone Tuesday Tuesday as as the the warriors warriors host host of of the the nuggets nuggets his his three three pointer pointer near near the the end end of of the the third third quarter quarter was was the the three three thousandth thousandth of of his his career career what what his his twenty twenty three three points points not not enough enough as as Denver Denver edge edge Golden Golden State State eighty eighty nine nine eighty eighty six six the the bucs bucs won won their their fourth fourth straight straight as as you you listen listen to to the the group group will will have have twenty twenty eight eight points points as as Milwaukee Milwaukee beat beat Orlando Orlando one one twenty twenty seven seven one one ten ten lebron lebron James James Russell Russell Westbrook Westbrook both both posted posted triple triple doubles doubles James James with with thirty thirty two two points points eleven eleven boards boards eleven eleven assists assists Westbrook Westbrook twenty twenty four four twelve twelve and and ten ten as as the the Lakers Lakers snapped snapped a a five five game game losing losing skid skid what what the the one one thirty thirty two two one one twenty twenty three three women women in in Houston Houston John John Madden Madden considered considered the the face face of of the the NFL's NFL's Super Super Bowl Bowl winning winning coach coach broadcaster broadcaster and and name name behind behind the the popular popular Madden Madden NFL NFL video video game game has has died died at at the the age age of of eighty eighty five five Madden Madden first first came came to to prominence prominence as as the the coach coach of of the the Oakland Oakland Raiders Raiders worst worst teams teams advance advance to to seven seven AFC AFC title title games games ultimately ultimately winning winning Super Super Bowl Bowl eleven eleven is is seven seven fifty fifty nine nine winning winning percentage percentage is is the the best best among among NFL NFL coaches coaches with with more more than than one one hundred hundred games games but but none none gained gained even even more more recognition recognition money money moved moved into into broadcasting broadcasting becoming becoming the the prime prime color color commentator commentator for for CBS CBS fox fox ABC ABC and and NBC NBC there's there's a a P. P. rodeos rodeos Tom Tom Merrill Merrill the the NFL's NFL's reducing reducing isolation isolation time time for for players players who who test test positive positive for for gold gold at at nineteen nineteen and and are are a a symptomatic symptomatic including including unvaccinated unvaccinated players players two two five five days days from from ten ten J. J. Kersal Kersal caught caught a a twenty twenty six six yard yard go go ahead ahead touchdown touchdown pass pass from from Clayton Clayton tune tune with with three three twenty twenty seven seven left left to to help help number number twenty twenty one one Houston Houston it it was was seventeen seventeen thirteen thirteen victory victory over over Auburn Auburn in in the the Birmingham Birmingham bowl bowl Donovan Donovan Smith Smith threw threw for for two two hundred hundred fifty fifty two two yards yards and and a a touchdown touchdown he he ran ran for for another another score score Texas Texas tech tech beat beat Mississippi Mississippi state state thirty thirty four four seven seven in in the the liberty liberty bowl bowl Brayden Brayden point point return return to to the the temple temple lineup lineup after after missing missing fourteen fourteen games games with with an an injury injury he he had had a a pair pair of of goals goals of of the the lightning's lightning's five five four four overtime overtime win win over over Montreal Montreal yeah yeah I I mean mean the the game game is is in in change change but but you you know know some some of of the the timing timing was was a a little little off off you you know know kind kind of of six six spots spots little little bit bit off off in in the the in in the the early early parts parts of of the the game game and and just just kind kind of of felt felt better better as as it it went went on on I'm I'm John John AP AP sports sports
Shooting spree leaves five dead, including suspect, in Denver area
"A a shooting shooting spree spree in in and and around around Denver Denver leaves leaves five five people people dead dead including including the the gunman gunman and and an an officer officer wounded wounded according according to to police police the the rampage rampage happened happened Monday Monday police police say say it it began began in in Denver Denver where where the the gunmen gunmen killed killed three three and and wounded wounded one one before before you you went went to to the the suburb suburb of of Blake Blake wood wood where where he he killed killed another another person person and and wounded wounded two two others others including including an an officer officer Denver Denver police police department department chief chief Paul Paul pays pays and and we we believe believe that that this this individual individual was was responsible responsible for for this this very very violent violent series series of of events events that that took took place place in in the the Denver Denver metro metro area area Hazen Hazen says says they're they're investigating investigating a a motive motive Lakewood Lakewood police police department department spokesman spokesman John John Romero Romero says says having having one one of of their their own own shot shot is is hard hard to to handle handle it's it's a a tough tough day day for for
Jokic's 26 points, 22 rebounds rally Nuggets past Clippers
"The the nuggets nuggets got got a a great great game game from from the the Colegio Colegio cage cage to to rally rally past past the the clippers clippers one one or or three three to to one one hundred hundred Denver Denver blew blew a a seventeen seventeen point point lead lead then then overcame overcame a a nine nine point point deficit deficit in in the the fourth fourth quarter quarter to to eke eke out out the the victory victory their their star star center center finished finished with with twenty twenty six six points points and and twenty twenty two two rebounds rebounds will will Barton Barton added added seventeen seventeen points points Brandon Brandon bostian bostian junior junior scored scored eighteen eighteen to to lead lead the the clips clips but but we we missed missed a a potential potential game game tying tying three three point point shot shot at at the the buzzer buzzer mark mark Myers Myers Los Los Angeles Angeles
Raiders cling to playoff hopes with 17-13 win over Denver
"Las Las Vegas Vegas kept kept its its slim slim playoff playoff hopes hopes alive alive by by topping topping the the Broncos Broncos seventeen seventeen thirteen thirteen the the raiders raiders erased erased a a thirteen thirteen seven seven halftime halftime deficit deficit to to get get the the win win but but it it was was defense defense that that sparkle sparkle from from start start to to finish finish limiting limiting Denver Denver to to one one hundred hundred fifty fifty eight eight yards yards of of offense offense they they guess guess began began the the second second half half with with a a seventy seventy six six yard yard drive drive capped capped by by a a five five yard yard run run from from Peyton Peyton barber barber to to take take the the lead lead for for good good at at fourteen fourteen thirteen thirteen Daniel Daniel Carlson Carlson added added a a field field goal goal and and the the defense defense did did the the rest rest with with the the victory victory the the raiders raiders go go to to eight eight and and seven seven well well the the Broncos Broncos dropped dropped to to seven seven and and eight eight I'm I'm Bruce Bruce Morton Morton
Washington, Oubre help Hornets rally past Nuggets, 115-107
"Charlotte's Charlotte's second second unit unit erased erased a a nineteen nineteen point point deficit deficit to to stun stun Denver Denver one one fifteen fifteen one one oh oh seven seven the the Hornets Hornets outscored outscored the the nuggets nuggets thirty thirty eight eight thirteen thirteen in in the the final final quarter quarter the the big big bench bench warmer warmer with with Kelly Kelly Oubre Oubre a a junior junior who who was was team team high high with with twenty twenty three three points points fourteen fourteen of of them them in in the the fourth fourth quarter quarter AS AS one one just just you you know know come come to to play play today today you you know know do do my my part part in in China China you you know know help help the the team team win win you you know know so so that's that's what what I I always always want want to to do do a a weather weather ball ball is is a a you you know know going going through through or or not not so so the the defense defense was was you you know know the the key key for for me me you you know know defense defense led led to to offense offense and and I I another another guy guy off off the the bench bench PJ PJ Washington Washington gave gave Charlotte Charlotte the the lead lead for for good good one one oh oh four four one one oh oh three three drilling drilling a a three three ball ball with with three three sixteen sixteen to to go go the the Hornets Hornets aerobics aerobics overcame overcame a a dominant dominant showing showing by by Nicole Nicole Yorkin Yorkin who who piled piled up up twenty twenty nine nine points points and and twenty twenty one one rebounds rebounds Bruce Bruce Morton Morton Denver Denver
Gilgeous-Alexander's triple-double leads Thunder past Denver
"J. J. gill gill just just Alexander Alexander recorded recorded his his second second career career triple triple double double as as the the thunder thunder dump dump the the nuggets nuggets one one await await ninety ninety four four killed killed as as Alexander Alexander delivered delivered twenty twenty seven seven points points eleven eleven rebounds rebounds and and twelve twelve assists assists in in the the first first triple triple double double by by a a thunder thunder player player at at home home since since Russell Russell Westbrook Westbrook over over two two and and a a half half years years ago ago Derrius Derrius basically basically had had seventeen seventeen points points eleven eleven rebounds rebounds and and Lou Lou Dore Dore had had fifteen fifteen points points in in the the thunder's thunder's largest largest margin margin of of victory victory reigning reigning MVP MVP McCauley McCauley okay okay chat chat a a quiet quiet night night for for the the nuggets nuggets finishing finishing with with just just thirteen thirteen points points seven seven boards boards and and three three assists assists I'm I'm Dave Dave Ferrie Ferrie
"denver." Discussed on Denver Real Estate Investing Podcast
"They actually have and size up into something that large. I feel like there's like a. Wow moment when that happens. When i put that number out there because people don't realize that wow i right now have two properties that are worth only one point three million at the moment and now i can have. We'll only they only like only in comparison the fact you can turn it into four point. Four million dollars a real estate. I mean that's like that's the and and you sure right because this is a lot of people experienced this often overlook it because deal with real estate cafo. See a very big thing. People focused on the market like denver. You know we've had great appreciation. Yep should continue appreciations that equity to the money p your equity. There's so much potential there that you can. I mean going for you. Know a one million dollar portfolio to afford half portfolio. Yeah that changes retirement that changes it changes the whole game and it also changes your options so another thing is at once you get into the commercial lending space and you have properties of this size you now now you can leverage again to multiply that right so think about it. You just went three point. Four three times acts your portfolio in this one move now machu again. In seven years the night you can maybe go to eight or ten or twelve million dollars of real estate swap. Draw right and that's exactly and just keep keep keep going he moving. I mean go you just got to keep keep them them pieces moving. You really can. You really can make a lot of changes here so great. So what you nailed that point. They've got one point one million. Let's say that's what they were. They sell property. They get that they go up to hear. A new ran this narrow through a twenty three and apartment complex down in the springs yet. And it's just a deal. You've looked at recently and numbers about fit. What this client has. Of course you can go into multiple properties. Low price point all-star stuff but this is just going to be catholic very white kind of have like residential multifamily. And let's just scale up into a bigger property f-bomb to keep things simpler so yep trading up walk us through these numbers because this is this is rare. It gets very powerful okay. So now you've decided to sell your eight units and this is a twenty three unit apartment complex in cars springs so it's selling for four point one three million dollars which is basically right in the affordability space that the client can purchase so this particular Property in the the right up is bringing around three hundred thousand dollars per year in revenue rate with about one hundred and five thousand dollars of operating expenses..
"denver." Discussed on Denver Real Estate Investing Podcast
"Yeah so that was something we were. You know a little bit unsure of how it was going to go because we went live the weekend before fourth of july which is typically not a great time to do it. You know seasonality wise and we'd started showing trends and showing traffic drop off but it was one of those things where we knew it was either listed then or we're gonna have to wait till after the fourth of july so we went ahead made the decision to listed And we ended up having a over sixty five showings In two and a half days Fielded over twenty different offers on the property. Wow we were pleasantly surprised with that just knowing what we were seeing out in the market. But i think that just goes and speaks to the fact that. Hey if you have property in the right place it's priced correctly and that was a ton of the feedback that we got was like. Hey was priced right. You did your job and that's going to drive offers all right so moving on to our deep dive here. This is going to be a a duplex for talking about preston that client purchased fairly recently. I needed to pull the spreadsheet behind. Get some back story on the klein in his goals. Like at the spreadsheet pulled up if you could yeah absolutely so this is a client that reach out to us from out of state Very well educated buyer knew he wanted to do wanted to invest in. Denver has a fulltime job. Didn't want to have anything. That was going to require a ton of time on his part but he knew the rea- the expectations of investing denver investing out of state were fitting his profile right and for him. It was not about cash flow. It was more about just taking you know. Some of the money that he had and putting it in a property that was going to allow him to ride the appreciation wave..
"denver." Discussed on Denver Real Estate Investing Podcast
"Yes <Speech_Male> <SpeakerChange> <Speech_Female> <Silence> <Speech_Music_Female> <Speech_Music_Male> <Advertisement> <hes> <hes> really <Speech_Male> interesting. How'd <SpeakerChange> you pull stairs <Speech_Male> stuff <Speech_Female> you <Speech_Female> <Speech_Female> so the <Speech_Female> city of denver <Speech_Female> puts it all out there <Speech_Female> in one giant <Speech_Female> <SpeakerChange> Spreadsheet <Speech_Female> so you just <Speech_Female> have to filter <Speech_Male> through <SpeakerChange> what you're <Speech_Male> looking for <Speech_Male> okay. So <Silence> <Speech_Male> all right so <Speech_Male> this is really good so yeah <Speech_Male> check out. <Speech_Male> This and i'm doing put the <Speech_Male> wink to the denver <Speech_Male> That <Silence> denver pages. Well <Speech_Male> all right stacy <Speech_Male> so that was <Speech_Male> a really <Speech_Male> good. You know <Speech_Male> Dive <Speech_Male> in the zoning. Help calm explain <Speech_Male> things. And i know. <Speech_Male> We're gonna <Speech_Male> the watson pack. <Speech_Male> Where things <Speech_Male> do you want to mention <Silence> before <SpeakerChange> we wrap up <Speech_Music_Female> <Speech_Female> I just <Speech_Female> wanted to say that you <Speech_Female> know we're getting into <Speech_Female> specifics about <Speech_Female> zoning but hopefully <Speech_Female> you know <Speech_Female> we won't need to in <Speech_Female> the future because eighty <Speech_Female> us. We'll be allowed on <Speech_Music_Female> most <SpeakerChange> every <Speech_Music_Male> property. <Speech_Male> Have <Speech_Male> you been able to wave <Speech_Male> that magic wand yet <Speech_Male> Working on it. <Speech_Male> <SpeakerChange> What's <Speech_Male> and <Speech_Male> we've talked about blueprint <Speech_Male> denver talking about some zoning <Speech_Male> changes i mean you've <Speech_Male> worked with the powders <Speech_Male> for for <Speech_Male> years. <Speech_Male> I mean what type <Silence> timeframe mike how <Speech_Music_Male> slowly <Speech_Music_Male> <SpeakerChange> <Speech_Music_Male> <Speech_Male> does does <Speech_Male> the government all <Speech_Male> different <SpeakerChange> <Speech_Female> divisions move. <Speech_Female> Yeah if you <Speech_Female> have the correct zoning <Speech_Female> than it <Speech_Female> shouldn't it shouldn't <Speech_Female> be a long <Speech_Female> timeframe for you to <Speech_Female> go. You know <Speech_Female> design your <Speech_Female> your unit and get permits. <Speech_Female> It's if <Speech_Female> you need to rezone <Speech_Female> that really is where <Speech_Female> you can get held <Speech_Female> up <Speech_Female> There's <Speech_Female> just a lot to <Speech_Female> that process. And <Speech_Female> they usually <Speech_Female> say about four to six <Speech_Female> months for a rezoning <Speech_Female> so <Speech_Female> that would be at <Speech_Female> the start before you could <Speech_Female> even start your <Speech_Female> project that you're already <Speech_Female> <SpeakerChange> set back <Speech_Male> that far <Speech_Male> so we've got a couple <Speech_Male> of frequent <Speech_Male> questions so <Speech_Male> i'm gonna fire <Speech_Male> ranji stacy <Speech_Male> <SpeakerChange> how much your <Silence> permanent fees. <Silence> <Speech_Female> <Speech_Female> I don't know <Speech_Female> the specific costs <Speech_Female> appearing fees. Obviously <Speech_Female> that's going to vary per project <Speech_Female> but a lot <Speech_Female> but a but they can <Speech_Female> be up to almost the same <Silence> <Advertisement> as if he were building <Speech_Female> <Advertisement> a <Silence> <Advertisement> regular <SpeakerChange> single family <Speech_Male> home. <Speech_Male> Can i sell <Speech_Male> my eighty separately <Speech_Male> for my <Silence> primary <SpeakerChange> house <Speech_Female> so <Speech_Female> this will depend <Speech_Female> on your zoning <Speech_Female> <hes> in the <Speech_Female> single if you have a single <Speech_Female> unit <Speech_Female> zoning than <Speech_Female> no you cannot <Speech_Female> sell it separate <Speech_Female> from your house <Speech_Female> if you have a two <Speech_Female> unit zoning <Speech_Female> there are ways where <Speech_Female> you could separate <Speech_Male> the lots <SpeakerChange> and seldom <Speech_Male> separately. I've <Speech_Male> seen a few of those where <Speech_Male> people have been able <Silence> to that they <Speech_Male> <Speech_Male> re <Speech_Male> built eighty you and then <Speech_Male> sold off as a <Speech_Male> separate lot and separate <Speech_Male> house <SpeakerChange> <Speech_Female> depends on zoning therefore <Speech_Female> that yeah and <Speech_Female> again these are the rules <Speech_Female> as of right now <Speech_Female> they they <Speech_Male> could change <SpeakerChange> in the future <Speech_Male> so i guess from <Speech_Male> a high level is not much different <Speech_Male> from someone you <Speech_Male> know buying a lot. Scripting <Speech_Male> house <Silence> billion duplex <Speech_Male> putting <Speech_Male> up a party and selling off <Silence> you and a unit beata <Speech_Male> first-name <Speech_Male> person be then as well <Speech_Male> exactly okay. <Silence> <Advertisement> So same concept there. <Speech_Male> <Advertisement> <Speech_Male> <Advertisement> Ooh can i build <Silence> <Advertisement> an eighty <SpeakerChange> you myself. <Speech_Music_Female> <Speech_Music_Female> You cannot
"denver." Discussed on Denver Real Estate Investing Podcast
"Zoning is not the most straightforward thing out there. Zoning is very complicated I think the city of denver has done a really good job with they. They redid their zoning code like ten years ago and it's a little bit more straightforward than you'll see and other jurisdictions but it still if you're not familiar with it can be very confusing when you say it's better the other jurisdictions you talked about like counties metro area or like other cities out of state even within the metro just other cities where they have either outdated or just more complicated zoning and on top of zoning there's a lot more nuance rules to for for setbacks. And how close you are your neighbors line or the alley guy was actually talking to Someone just a couple of days. Go forward quarter. This in a neighborhood has house. I think it was. I think sunnyside and it was known for eighty. You actually got a quote for repurposing of the garage into an and he could do it. He said a hard quote for ninety thousand dollars so for eight years. I mean as a relatively inexpensive at you. The problem was he was like two feet too close to a boundary line or fans or something and he couldn't get a variance for it. And see if it's zoned you get running's little issues that just those can kill the deal so i think all this will eventually get better and more streamlined. And hopefully Just allow us to do more of us. Yeah hopefully that the those kinds of things will be taken into consideration by the city with you know all the hoops you have to jump through to get these belt But those are also things that you may run into even if you've done everything right in the process all right so before we Transitions like the details. Zoning as i sal reader eight states is going to be really acting as the reporter for everything. Eighties guys have questions reach out to her her contacts in the website or just email or stacey at envision ra dot com was just going to reach out our community which always provides great feedback. If you're a builder and architect a lender and you play in the space. Please reach out..
"denver." Discussed on Denver Real Estate Investing Podcast
"And welcome to another podcast episode. So this is going to be an episode. We start talking about eighty and diving into the topics and as you know eighties. Very hot topic in denver. And we're going to start peeling back the onion on eighty us and the ever evolving landscape. Here so my co host who you guys will become very familiar with over next couple years as we talk to us and learn everything s around. Denver is stacey rozanski. So i mentioned stacy's name A few podcast episodes ago when we rebranded our firms envision advisors. She's one of our new team members. Thrilled a however on on the team and one of her interest. Specialties is zoning and eighty s stacey glad to have you on the show. Hi crass happy to be here. So i mentioned your background very briefly but give me one like you know the background on who stacey is yes so i got involved. started investing in real estate several years ago and that led me to getting my real estate license and helping others invest as well Meanwhile i also have a strong background in affordable housing An in here in denver. We've been doing a lot of work with eighty us to help as an affordable housing route for people. So that just furthered my interest and knowledge. And i've really been able over the last couple of years to dive into that. Were the world of eighty us on me. That just i mean. There's there's no way you know nothing beats experienced going through the process of learning aid us. Talk miss powders. Which i know you've experienced with you know with the work. You've done the path that just gives you such an intimate knowledge because this is there's a lotta while moving with us. Yeah i think it's really exciting and changing for the better that we're hopefully going to be seeing more and more of eighty us being built in denver and around so born and talk about on this podcast is we're going to The main part of this podcast talking about the basics of zoning interesting habit read zoning and what zoning works for us but beyond that we're going to give you a current landscape on what aid us are like currently in the denver metro area and we actually started if you're brainstorming this and just some other ideas run aid us. We're trying to put together almost miniseries on just. Hey here's some good continental us. The problem is though that eighties is just a..
"denver." Discussed on Denver Real Estate Investing Podcast
"The type of demand were seeing. 'cause normally we see a lot of times the the closes start to dwindle off. Fears go into the fall and winter and its spend almost vertical line here and again we get you know. Season -ality definitely impacts this both kovacic's. He's nowadays. I think you know not nearly as important factors was in previous years but very interesting graft look at it and really sums up that. Wow there's just so low inventory and that for every house selling there's one to ten people looking at house maybe wanna put an offer in there. So that's one of my ways of saying. I don't expect to see Any prices dropping here anytime soon looking at showing trends. So this is data that you're castle collects as to how many people go out there and look at a house or look at a house or condo using it through the app that we use to schedule which is showing times. Which is the app. That i think pretty much. Everyone uses here in denver to schedule showing You know the buyers and clients go through to actually walk the properties so normally around this time of year in the last couple years. We've been about eight showings per property. And now we're about eleven showings per property. Knock tober and the showing per properties actually been above the norm since really since about june in any significant amount and we start seeing things trail off fear but july was at probably like ten point. Five august was eleven. September eleven october that mike levin point five star see increase them now. I haven't had a chance to devastate. But my guess is because it's combination of you know low interest rates bringing people out here but also sincere fewer properties for people to go walk. There's more people walking the same properties as well. But anyway we're seeing incredibly strong showing demand right now with With everything going on and this is you know right before the election during cove it so some very interesting times that we're in all right a little bit of data here from the apartment association of metro denver. This quarter three twenty twenty report and so again. This is really for those big apartment buildings. You know two hundred unit plus bones. Another quite the size of the the big buildings usually the big investors. So i'm a couple bullet points off here. The amount of non payment of rent remain low with the majority respondents saying the results show less than five percent of tenants not paying metro. Denver apartment market showed an overall quarterly decrease in vacancy from point..
"denver." Discussed on Denver Real Estate Investing Podcast
"We see this I would think we'll see this price dropped dramatically even maybe even go negative a little bit as that Knicks starts coming back down the lower and properties so. You can't just go straight off the headlines read on the Denver Post or just hey, price appreciate twelve percent. It depends a lot as to what properties are selling. And all factors due to financing and as you guys know out there in the economy the, you know the first time homebuyers a lot of them are the ones being pinched with jobs right now maybe lower job security or they're losing their jobs. So they are not in the market buying, which is not selling those properties. We're not son goes properties nearly as fast. So big price increase on paper. And overall I do think the prices are increasing in Denver from everything that I'm seeing but I don't think the across the border seeing twelve percent price increase just because we're seeing a lot more, you know million dollar homes it's bring up the average, but in six months or nine months. If we see that number dropped dramatically, even go negative for a bit. It does that mean the sky is falling most likely game. We'll talk about that in the future. So. All right. That's most of the market date I wanted to cover. Lava two same trends we talked about in the past. So, here's an interesting article from the Denver right it just talking about rezoning to allow eighties insert neighborhoods as a live. You know you know I think it was yeah. Last year Denver did pass that Denver blueprint which was going to start updating allow the zoning map to allow a lot more aid US around Denver. So. What we're seeing right now is some council members are starting to push for rezoning individual neighborhoods that really want eighty us. So this article. Mentions. Chaffee Park. And it talks about how just you know they're very well organized neighborhood and allow the residents there Wanna start having eighty you. So they're going to go forward and hopefully start getting their whole neighborhood rezoned I and this way they can go get it done before they have to wait for the whole zoning department and higher level bureaucracy to go through and do all that other neighborhoods on the list in addition chaffee park are Sloan's lake and east Colfax. Now gimme a second here because I printed off and highlighted a few things. They thought were some really interesting stats. So, current city zoning regulations allow one eighty you per lot in about twenty, five percent in Denver. Now people in the remaining seventy five percent who won an eighty you can petition the city for fee about one thousand dollars plus you know other time and cost dealing with red tape to get their specific lot zone for an eighty you. So if you do have a house or a, you know a property that you have ad on there..
"denver." Discussed on Denver Real Estate Investing Podcast
"Point one I think too close. Okay. Right one, one, six, t one percent of one. Point seven, I can't do one about one, one, one, one I. The total project budget is three point six. Okay And so. The benefit of not of calling sixty one percent now and and. thirty, nine, percent and twenty, twenty two that that that money had we called it in one phase would just sit. In a checking account with which we would you know the company would have to pay a where your return on white one percent but you're paying out until April return on that. Right. Thing is you know we will have basically between the debt and one point three million dollars basically investor between LP's and the bank. And if we sell. So we would basically only have to call maybe the first hundred of that last thirty, five percent, and if we are able to turn that first unit and sell for three forty and you end up selling all eleven for that, we've basically called three point, one million and sold around three point four million. So now you have an additional two or three, hundred, thousand dollars in equity remaining. Didn't call the last. Five hundred. Of capital committed and used, and then you would own and free and clear. Paying the investors and then we can go over kind of what that return looks like. But that was that's kind of the high level back of the Napkin math. Of how we looked at this and why this was. Such a deal that we felt like we had to do. And what about the bank financing on here because I think he said before we record difficult One one loan fell three said, right? Yeah. First Time. Yeah. The Kovic stuff yeah alone fell through just kind of walk us through that process and then the the loan, the terms you All right so Use them of our key banking relationships here in Denver. Like I said, we approached.
"denver." Discussed on Denver Real Estate Investing Podcast
"I mean like when I tell you tents I mean I'm telling you there was at one of our properties. There's probably fifty tents shopping carts, grills, they have made themselves home. But at least Denver is trying to like make endeavors try could save for for them and actually make it better for will hey, good to them. That's exactly just you know we we just taking care of. The Rhineland and so all we do with our Denver Properties this just incentivize incentivize will do move in special IRT I do a lot looking leases or I'll wave application fees. So they're still moving they're just not like you know downtown Denver used to be like you put a property in Congress. Park you put one of those they be gone seconds. So we're just readjusting how we market it and get them done so far. But. All the all the CONDO's were rebinding sending Guzman roar those are still written. Really. Awesome, let's see here. Talk that talk that talk that those remain guys into main questions here in either like data point stories to share before we wrap up. You know I think this is the biggest thing is obviously watching applications making sure the showings everybody still save you know we still run mask and gloves on all our properties clorox down after every tenant leaves. I don't really marketing. You're trying to really beef up more. About that, you briefly mentioned that Devon's guys you not more three detours like talk about the the marketing end the. This is a drama not going win anytime soon. Yeah. What do you guys dealing to to pivot and adapt? Exactly. So previously the way we looked at just leasing marketing general was decent photos something on an iphone you know just. You know the basic stand in the corner you know those types of things open window, put your thumb on the camera. Don't put your thumb handling exactly toilets. That would work basic barking up a write ups. The basic information you need posted to craigslist zillow network, and you have your interest. Covert hit of course, we immediately tried to change what we did was video walk throughs that helped us crazily. Having our shores walk through again with an IPHONE get good video to try to Kinda. Show people what the space actually feels like step outside Kinda see what were your front door is you know because people are not going to see it and not work for a little bit in our just even taking it a further steps. So now we're getting professional south photos. So it's GonNa meet yes alarm Tripod. With. Lighting. So that's the next step, and then instead of videos were doing three tours, we got a three sixty cameras and now they're gonNA actually to click through the property. that's just furthering their ability to explore it without seeing it, and then also floor plan. So again, giving people more information. So they feel more comfortable leasing these units I think as a matter of trust and they're going to get what they're..
"denver." Discussed on Denver Real Estate Investing Podcast
"Now, I briefly mentioned quite a few details about you know different lending options. Different things can do with Pmoi how to manipulate numbers to make it better cash flowing I mentioned that really quick But in a few weeks after this podcast releases, we are publishing the ultimate house hacking guide for Denver, which is a technical guide to building a Denver rental portfolio, your house hacking that goes through all these details. If you have any interest in house I can you know Manning, make sure you read the book or listen to all the podcast a fifteen part podcast, and also about a fifty thousand word book that comes out. Content similar just depends digested. The book will definitely have a little bit more. be more succinct and concise in the PODCAST So depend how you WanNa, learn or or consume the information, but I would definitely recommend reading or listening to that. If you have any interest in doing House Act because that goes on all the details and lots of examples about how to manipulate all the different levers that you can pull as an owner occupied investor. All right. So that's the ultimate house that can guide. That should be coming out in August twenty and twenty. So just a couple weeks after this podcast comes out. All right. So couple of things, and then we'll wrap up here. I get a lot people asking me. Hey, what about flipping? Oh, about the by Rehab Rent Refinance repeat the bird strategy here in Denver. So, these two items are definitely not our specialty We're very much focused on buying rental properties, ourselves and our clients, and that's really because I. I always tell people this don't keep saying this probably for the rest of my real estate career. That's flipping and burning is not direct investing. Buying rental properties is more operating, starting a business, not theirs anything bad about it, but just like, Hey, starting a waiver franchise or becoming a real estate agent or whatever it is, you're starting a business. Understand that take a couple years, things off the ground up and running. And that? Any be proactive bill your business, you know that timeframe in your mind, you're not gonNA come into Oh. I read a few books on bigger pockets as the PODCAST I wanNA. I WanNa Bernau extremely hard to do. and. I highly doubt that one contact or one agent will give you everything you need to do. because. You're still leaving parts on here. So many people are doing both successfully, but there are a lot of times more seasoned veterans and they're also taking that business approach. So some general tips for success here. Make sure you network with everyone's much as possible agents,.
"denver." Discussed on Denver Real Estate Investing Podcast
"We've been in what we call the goldilocks stage, and if you go back to whatever you know and that fairy tale, but nursery tale, that was you're reading you read as a kid were things are just right now, not too hot, not too cold, but just right run a goalie lock stage right now where while it's very competitive out there. The fundamentals make sense. We don't have extreme assails across the population or really low sales as well. So in two, thousand, nineteen Sales are only eight percent higher than in two, thousand four, which was the peak I just talked about. But since then our population has grown by more than twenty, five percent of people. So against supply and demand. All right. So let's move on to rent trends because as landlords and rental property investors, we are really concerned about tenants paying rent. So starting back in was in April or May, I started doing some monthly Denver property management updates and these on podcast and blog posts. So I'm going to summarize the last three or four I've done with you know about four or five property managers. Overall, we've seen very strong rent collections across all the property managers. They're basically within a two percent margin of rinse collective at same time or at same month of twenty nineteen. So. May Twenty nineteen compared to May? Twenty? Twenty. You know some property managers were at the same levels. Some were slightly higher. Some are slightly lower and it was right around that plus or minus two percent mark. So they are still collecting all the rents or you know very much similar the rents, the big difference here is out a higher number tenants, payment plans, rather getting full rent by the fifth of the month, they're getting it now by the twentieth or the twenty fifth, but overall majority tenants are paying rinse on there. We have continued to very strong leasing activity. March April when we're during that lockdown, it definitely slowdown, but as things eased up early, May, it was just incredibly strong leasing activity. That property managers have seen a higher percentage of tenants that are staying in their current place renewing their lease. Just you know probably figuring people don't want to move So we're seeing a lot of tenants stay there. At the time of this recording, the eviction moratorium is set to expire, but there's a thirty day notice period and allow property managers have concerns for big backlog in the courts state, the governor will extend the moratorium and. So and they also don't know how big the backlog will be court of the process. So with everything going on, it's probably not the highest thing totem pole. So the property managers recommendations are to work with tenants rather than going through conviction process. So Hey, working at a rental payment plan doing cash for keys or something like that to avoid the fictions because that's just frankly and probably everyone's best interest for a pragmatic standpoint..
"denver." Discussed on Denver Real Estate Investing Podcast
"If mean if if you WanNa get in something like that and read out, the rents will continue to go up to but. It just depends on what your strategy is. Anxious. When you exit. Are you ten, thirty, one and other properties or you just take chips off with the House you live in yet ten thirty lakes change and all that stuff and make sure your legal there through doing all that and like other new builder Yeah Yeah and the one was as primary so it was just tagging. Than Yeah one of them was. Yeah, but I mean it's if it's an investment strategy there you want to get in and just you know sell off once you feel like it's come up a good amount I just can't believe that strategy increase over. That's insane. Let's because it was the first house. So it's Dirty and then you have one house and then everything else is dirty. They got that price and then months later and houses were selling for one hundred thousand more. Than what we got in. Like we were literally. He's when he was one element and phase one and that was what Michelle is really good at it. She knew how there's only like four or five houses that are really including phase one and then every four or five they kind of increase it but yeah. Just dirt. So. A, twist on how sac which is what I thought was pretty interesting because that's what everybody in Denver's looking for is, how do I get into something and at a low basis can live in it ran out some other rooms and then a couple years move on and yeah and that's I think you guys kind of uncovered interesting. Nugget there and they're being thing is is cool too. It's just a different solution for. For people coming in town that are just GonNa be there for a short time they want to stay in a hotel maybe they got a bigger family especially the the bigger houses I found a lot of the.
"denver." Discussed on Denver Real Estate Investing Podcast
"Guess Immediately Nice into probably updated again and see how it looks, but and I think you put in the from your research us what it was like a hundred, a hundred twenty five dollars extra per month for private bathroom. Yeah, it was something that was quite a significant. Yeah, it was quite a bit now. So let's talk about Signing, we used start your. House Act, search! Like October. November time for him. Yeah, think this summer. So he started that and I know you know. We went through and we kind of looked at some different locations. Different property types but then we trying buying a five bedroom two bathroom house in North Aurora not too far from, and she's medical complex there, but Y. did you end up buying? A house and that location like what was your? Your, your knowledge learner thought process. We went through the like. Hey, let's look let's review. Let's walk. Let's look review. Let's walk wound up there. Yeah, so I think initially one into A. Denver ten years always lived pretty much in this city area so initially. Of course you're like I WANNA. Can't afford the city, so that was off the bucket you know. Fan Mountains like getting out, so initially started kind of looking at the west side. Lakewood area is, and that's what we're looking at kind of at attached stuff. But something I really started to pop up to me. That was the west side is just like the older part of. And of values were quite high, but the houses needed. Some to a lot of work and they weren't updated and there and they looked dated as well and my big was like I wanted to walk in. As ready to go as possible without putting the work in, you know I'm work fulltime and also wasn't going to have twenty or thirty thousand dollar budget to get. The house refreshed so wanted to avoid that and you know it's. Had come to the realization that it's you know you gotta go from the West side is kind of that more like premier property, people close for the mountains will pay more for it, but. We'll see getting less, but you're getting a very different property. Compared to if you look at the east side. There's definitely certain areas that haven't been updated yet, but they're this particular area of Aurora feel like is. Primed for. Areas that aren't already better than getting a lot better with the STANDI marketplace over there. It's a essentially cross street from Stapleton and shoot hospitals right there even like the development on Colfax, and all. That is quite a bit. There's access that to twenty five, so it just looks like a really good commuters hub. It's I think eight miles downtown, which is like laughably close, but in Denver, term people thinks people think that it's. You know like you can't even access it. Yeah, but it is right there. I ride my bike in Ramat by downtown in thirty minutes so started looking over there and there is a lot of areas that were. had been weren't flip, but people had been living there long enough that they had an equity that they made the house a little nicer, and those prices were that property prices were the same as the west side, and you can walk in and say my house is ready to go..
"denver." Discussed on Denver Real Estate Investing Podcast
"Everyone a quick note before we get out the podcast episode today so I, was originally going to release this couple months later in this year so like July August. Because this episode is an interview with a house, hacking client and I include their interview in with a new sears. We have called the ultimate house. Hacking Guide for Denver which are going to be a deep. Deep detail dive into everything house hacking for Denver because I've talked to probably hundreds of people now over the last few years, and the great conceptual knowledge on how sacking, but they don't know how to apply here in Denver so this God is meant to be deep dive, so people understand the Denver market and unique opportunities and challenges. It offers for house accuracy here so. This is going to be a or it is an interview with a client. Hope who helped by House Act property with, and I was including there because it's just a great story about how they found the property, run the numbers, and just a great success story, however, they also share some timely news updates on how they leased properties offering bring their properties during the covid pandemic cy one included a earlier rather than later, so enjoy the show and the next month or to look out for the ultimate house hacking guide for Denver. You're listening to the Denver real estate investing podcast where it's all about helping you grow your Denver real estate portfolio. Here's your host Chris Lopez. Everyone welcome back to another podcast episode..
"denver." Discussed on Denver Real Estate Investing Podcast
"For a new loan for a minimum of one year from the modification date. That's a big impact. And you just WanNa be aware of that. You WanNa make sure that you know what you're getting into and if you're gonNA position you work in hospitality your travel and you're laid off furloughed. I get it. That's what these programs are there for is to help you. Just make sure you understand the long term implications because especially if you're listening to this podcast we know you're interested in investing in real estate in Denver probably in the future the in the soon in the near future this is going to impact you and lock you out for at least twelve months. If not more so just be aware of that guys. Sony said you have to. The person has to qualify for the modification. Is that like another? Are they underwriting? The person to go through the approval process like what does that approval or a qualification mean. Yeah so we go back one slide. You could request forbearance with no verification of hardship. Okay because there's so many people out of work. There's no way that mortgage can keep up with WHO truly needs it. So they're just giving it to everyone but then when it's time to do your loan modification they're gonna ask for things like hey. Have you been laid off? Can you provide us with your plan to go back to work? Can you provide us with your bank statements showing that You were not able to make the monthly payments then all of a sudden if you provide that information and you've got fifteen thousand dollars in the bank and you were up at work the entire time your service or might say you know what we're not gonNA provide you with the modification because you weren't under any hardship you just took advantage of the forbearance plan and we can see you've got the money in the bank and send the money to pay this ninety six hundred dollars for your four payments all right. Let's vacation guys is not Necessarily an equal negotiation. Because you've already signed the note that says Hey I promised to pay and now the servicer is working with you if you run into a hardship. What if they can verify that you haven't been in the hardship? They can demand payment on that. So it's important that it's going to be different right. It's not one size fits all. It's going to be different for each person. What is important to understand? It's not just a rubber stamp of up. I got a forbearance. I skipped for payments three payments. I do loan mud. It's going to be fine Think we're GONNA see some folks that are gonna be troubled by this in the future so Kind of shift in the next point of forbearance do you have any type of stats as far as like you know national averages and what's going on in. Denver COLORADO ARE WE AT national rate below above it as far as like forebearance rates or any insight into that. Yeah so national. Average is seven point. Eight percent of people are in forbearance and For us at Catholic mortgage we track our for America's. We are almost spot on with that. I looked at it just yesterday. We were seven point eight seven percent. So we're right on But of course we're in thirty five different states so we're trending very close to the national average here in Denver. We don't have a big population Or I guess an overly saturated population of hospitality travel and tourism. Because that's the area that's been hit the hardest So I would suspect that we are below the national average although I don't have any stats on it but I can tell you what I do. Know is our office in Las Vegas Like two thirds of the town is out of work because it's all possibility related right. There's casinos and hotels everywhere and even if you're a plumber or a construction worker you're usually working on casinos and all of that has come to a halt so I would think a town like Las Vegas that is heavily weighted towards those industries. Going to be much higher here in Denver. I think we're pretty average with our hospitality and travel So I think we're probably going to be below the national average but I don't have any. I don't have a graph stats. We can put up. But that's just kind of what I know about knowing our economy. Well if they ever do release at the local data definitely definitely no. That's what I was really curious on. Just how then? We're comparing to the rest of the market. Because as you know malicious now the Denver real estate market but much easier than the national market in terms of I know we've been on the always one of the lowest states with lowest foreclosures lower short sales I know allow the homers Up Equity so our times the Denver market doing better than other markets. I was really curious. No if there was data for four barons have the data but I would agree. I think we're doing better than most awesome. Well this touched on topics that I wanted to talk about jobs there any other data that we want to talk about before we wrap this one up. Think my closing message Don't panic the the market is okay. this is not a time to freak out and and Make rash decisions and your investing strategy. I think this is. You know. We're GONNA look back in a number of years and say man oil remember the corona virus pandemic. Yeah we do and I think the people that stay the course with their personal investing strategy are still going to do very well or going to weather the storm. This is the reason why you have reserves. This is the reason why we tell you to account for vacancy to account for repairs maintenance. Is The reason we tight? As six months reserves for every property for these types of things I have no doubt that. I'll have you know one or two of my properties that attendants aren't able to pay and you know we'll be less than we would have thought An income for that month. But that's the we save. Our money is for when you have a rainy day and Yeah it's a little drizzly out but I think it's going to be okay. Long-term that's I definitely agree with all the point. You said there and Canada's going back to the whole forebearance all that stuff is it. Give me recommendations worthwhile for people to. I'm GONNA wait for six months to see if there's a bunch of distressed properties for sale or Hey. Now of interest rates are super-low advice on that. Because I got my opinion kind cures here European. Yeah Yeah you know I think right now. Now's a great time to buy because interest rates are really really low so you find something that meets your metrics or maybe is close to your metrics but your borrowing costs. Are you know three and a half percent for thirty year fixed? That's GonNa make those numbers attractive considering that three and a half percent is inflation protected. It's Never GonNa Change what you're gonNA see. Prices are going to go up. Rents are GONNA go up And you'RE GONNA make a lot more money buying right. Now when rates are low Is there an opportunity that things might decrease in the future certainly possible but all the stats? We looked at earlier. I don't see it. I don't see anything that's going to drive that see anything that's going to dictate that I do expect. Interest rates remain low until the presidential election Reason for for my optimism that is interest rates. Go up after every presidential election regardless of which side wins. You'll see interest rates. Go up a quarter to half percent shortly after the election. So I think between now and November is a great buying opportunity Look at your metrics look at your core values and goals for your investing and look for properties that meet that or maybe five properties that are pretty close that low borrowing costs. Make them still worth it. Yeah I I agree with everything you said. Because it's been an interesting debate or not. Debate discussion out of the bunch of clients. Like as it worth waiting for. Six months in the sideline may be when some stuff starts coming out. Because I think we will see higher than normal distressed properties that are been seeing last couple of years just because there will be people that can't make their payments or there will be people that unfortunately dumped their properties. Outings would be enough to like drive. The market down Angles marked to be out there. I think they'll still be few and far between The day like I don't WanNa see people like get foreclosed on. That's just you know it's just you? If you put yourself in other people's shoes like still people have move out of the house which is never fun out always comes down to interest rates so far looks like rental rates are holding pretty steady so. I agree if it if it makes sense for you your finances. I think it's a great time to buy because if you hold it for five years ten years fifteen years. That's often what going that. That's what makes the difference is the proper flogged drunk. That's what makes you a lot of money. I agree all right. Well Joe thanks for joining me today every night there. If you got questions requests for future monthly round let us know we know this is crazy. Time if you've got questions reach out to us and definitely make sure you check out. The podcast could be released either right before right after this right talk with four property managers on what the rental market is doing and I plan on doing that every single month as well so you can go out there and can't get a feel for what property manager seeing. I can tell you I record all those right for hopped on call Joe. It was very interesting and I definitely had some surprises in there. So everything for this thing Joe. Thank you Chris. Appreciate Man. We'll see next month..
"denver." Discussed on Denver Real Estate Investing Podcast
"Is Chris Lopez? I'm a real estate agent and your cast real. Estate and coast is Joe Massey. Whose a lender at Castle and Cooke Joe. How's it going Chris? Fantastic brother great to see you. Thanks so much for having me on here. Always appreciate being a part of the monthly round up the podcast and the webinars Really enjoyed doing these and Excited to talk about this. You know we've been doing this for the past year and last year it kind of got to be some of the same old stuff you know and now we've got some new stuff to talk about Challenging stuff different stuff but excited for this month. So we're GONNA cover today is we're going to cover An article that was very interesting with some great data. Point will touch on some main trends here going on the Denver market. And then Joe's GonNa talk about some forbearance and lending updates as a quick note. I just got done recording quality podcast with different property managers around town. Send a question right now is who's paying rant. How much rinses being paid all that. I went out and talked to four property managers month and got dated for April and May so make sure that episode. Because that's GonNa be a deep dive into what the rental landscape is like because all this landlords when I know getting paid this month and next month and the following month so can get a deep dive into that so all all of us mortgage guys. WanNa know if. We're getting paid this month the next month to I guess that to So this really great article came out in Colorado Real Estate Journal last week and it's title impacts from previous macroeconomic so it's exciting title there. It's a very long article some great graphs so I would definitely recommend if you're in the data. Spend the ten minutes read it. The link is in the show notes but Joan. I can touch on a couple of really interesting points on here and you can just you can survive seeing the grass but I a couple points from to me so I wanNA cover those Because they did a really good job of comparing normal data and then back to the DOT com bubble and then back to the two thousand eight financial crisis so they comparing this current crisis to last two crises. So it's got some good data so they start off saying how the national multifamily Housing Council reported that eighty four percent of apartments nationwide made a partial or full rent payment by April twelve now by March twelfth. They rent ninety one percent so ninety one percent by March twelfth last month and four percent by April Twelfth and then in April Twenty nineteen by the same date April twelfth there at ninety percent so all year year they are about six percent lower than what they had seen last year soft head. I actually thought was going to be worse. You know from like the national averages so I think that's a good sign for landlords but since we all live and invest in Denver. We really care about the local Denver data and so they pulled some great stats here from the Colorado Apartment Association and this is survey based off of seventy five percent of the units in Denver Metro area. And this is all like these. This is the big units not the stuff that love that we own. The four units six units this is more the institutional bigger properties out there And so this is the data. They're collecting from them so they report that ninety one percent of renters were able to make payments in April. And if you compare that to last April through my notes on here it's one point eight percent so I get link Quincy Delinquency is higher by one point. Eight percent thank you yeah. I miss my their notes on here. So based on all of this. They're saying that ninety one percent of enters paid their rent in April so to me. That was better than I expected. I mean I didn't have an exact number in down but jobs. You have a feel for what you're expecting from like overall market data. No I think I think reading this. It's it's spot on with where we were at last year. In April you know unfortunately one of the realities of being landlord is sometimes plays and not everybody pays on time and so for April. There was not a big swing of you. Know what by the middle of the month we expect. Ninety percent of people have paid. Oh my gosh worth. The middle of the month and only sixty percent of people have paid. There was nothing like that. It was spot on with where it was last year. In April now I think may might be different and I think that goes to some of the podcasts that you were speaking with other property managers. I think may you might see. Some people start to fall behind You may also see some people start to fall behind June Unless the economy reopens and we're back at full steam ahead by first or June fifteenth But no I don't think this has been the the catastrophe that everyone thought it would be. Yeah a rental standpoint. And that's the punchline like rents and rental payments have not fallen off a cliff at least as of now they may next month but based on the data and talking property managers. I don't think so The other thing is article talked about is effective rink growth versus occupancy around Denver so they got a really great graph here. But I'm just GONNA read a couple sentences from the article here at the historical relationship between the two are that rink growth is rapid when occupancy is above ninety four percent. So that's when vacancies less than six percent. So when rent flattens occupancy drops to about ninety three percent which is seven percent they can see and then rinse actually begin to fall when occupancy go falls bill that ninety two to ninety three percent range so basically. What it's saying here is that we see rent growth when vacancies six percent or less rinse are flat. When we're about seven percent they can see and we'll start going into negative territory when vacancies above eight percent. And as of right. Now there's really no great numbers. Snow can see is Just because we don't have all the data through yet and also sense you know there's an eviction moratorium going on right now. Allow people are not moving We don't know what that is right now. But prior to this vacancy was nowhere near seven or eight percent. There was less than three less than three for the overall market. It was. I think it was two point. Four percent In the most recent month we have statistics which would have been march and so I mean. We'll jump up probably a good chance. It will. But that's kind of gives you an idea there's listeners as to like hey how high does vacancy to get until we might start seeing flat? Rinse or negative rink growth based off of this year. So Joanna you own you know quite a few rentals. Are you changing any releases right now or rental rates not everybody has been paying on time? everyone That's not true. I take that back. I had one where they paid three days late. So everybody else has been paying on time one. That was three days late and was actually not related. The pandemic They had a baby and they were in the hospital over the end of the month and they came back and said. Oh my gosh. We're so sorry that here's what happened. And they called right they called and said. Hey we gotta get you the rent a couple of days later in the hostile. You no problem right. Congratulations on the new roommate So that was you know completely isolated We haven't had any issues whatsoever in just out of side. One of the questions that I've gotten from several people is hammill landlord. Should I reach out to my tenants and say hey we wanna work with you. Let me know if you're having troubles and you know I think that's a very kind thing to do but for me you know number one. I have a property manager but I don't think that that you do that. I think it's just like we're going to talk about a forbearance if the tenants or if the person that is making a mortgage payment is having trouble. It's their job reach out. Otherwise we've assigned lease with a signed agreement. That says rent is due on the first and you call me if something's different but otherwise. I'm assuming that that you're ready to go in the first and I think that's been Very positive I agree with advice. All right so guys. Those couple couple of data points was article. I definitely highly recommended reading it because reading it and seeing the grass. We'll do far better justice when I did try to describe it on the link in the show notes and spend ten minutes to read it. I think it's really great data. So let's transition to allow the stats. We talk about on this monthly podcast and that is just the market stats from the MLS. On how April shaped up now this is the first full month while we were under the pandemic because you know things got real right around like Middle March and so now April was first full month. We have so we always compare you know. April twenty twenty table twenty nineteen because sees Audi here in Denver so it gives us a much better baseline for seeing how the market is doing This month compared to a year ago going able to neil comparison as April April the previous year now over before getting the data. And we're not going to try to put your soup with a bunch of staff will give you the the the the main point here. The date actually came back better than expected. I expected to see kind of like worse numbers across the Board Joe from like just a little point of view. What was your bets versus. Reality came out the same thought we would be down significantly not in prices. We're GONNA talk about that. Which is down in unit count and it wasn't down nearly as much as I thought. Now it's GonNa be a little surprising to see what happens in. May because I believe in. May We're GONNA see unit count go down further simply because it's been difficult to look at properties in April And we'll talk about those implications but The short answer is I was surprised. It's not as bad as I thought. So we'll kind of go through the things here so one of the big surprises to me was just the total active listings and this inventory for single family homes townhomes condos. We are about sixty eight hundred five hundred and this April last April. We're at seven thousand. So we're only down about two percent or about two hundred properties from last April and I expected from seeing some of the week by week stats. I was seeing and kind chatter from other agents around town. There's a lot more Owners withdrawing properties from the market because. Hey they're working from home now. The kids are at home right now. They don't want twenty people come through house and possibly infect them while they're trying to do their zoom schooling all that stuff so I expect to be way less than that Were you surprised by this? Joe I was. I thought that you know inventory would be going down. We'd have more people taking properties off the market But that there has been some withdrawn. But I think they're gonNA come back. Keep going though because there's a couple of stats towards the bottom That that I think are really really telling for what's going on in the market but keep going on the listings outlets all I want to say about the listings Kind next here. I want to talk about the the under contracts So Watson April there about six thousand properties and our contract. This April was about thirty two hundred prisoner contracts. So that is a significant drop of about forty five percent is Allen assessment. Talk about you not yet but in closer so just just keep going down. Yeah all right the one I want to talk about was price. A lot of people WANNA know what price was going to do. Because I've had my fair share of people saying hey you know I want to start making mobile offers on properties. I WANNA buy foreclosures and again. That's out of the market right now so The average price from this April two last April was five hundred and three thousand compared to four hundred ninety. Five thousand so a one point five percent increase now. The medium price was four hundred forty thousand compared to four hundred twenty thousand or almost a five percent increase so of those indicators showed prices go now and to give everyone a quick refresh on stats. The average is retake every single property. And IF THE PRICE. The median is retake the middle number in there and go from there now. Joe I think this is. What's on the lending?.
"denver." Discussed on Denver Real Estate Investing Podcast
"I reviewed all my numbers three nights ago. 'cause like wow stuff is getting serious here. Hey we may see some dropped income. I may have some tennis not paying rent. Let me go back and just sit down and plug all numbers. Write them down and make sure I'm on track with everything. I'm happy to say that I am you know summer. Five point eight months summer six point five months but overall I'm running on a six month target go I have and frankly if I tighten expenses. I can make that money lasts longer to if I need to. So zero money stops coming in every single part of my life right now his funding for six months. And I'm saying that for a couple of years now so my clients. I hope people out there listening. I hope you guys have taken that advice to heart as well because this is why you do it if you haven't get your plan together. Sit Down reviewer numbers and figure out what you need to do the other reason. I'm sharing this and talking about this is because about maybe right around March I I one under contract on a house in southwest Denver with an eighty. And so you know. It's a a better above average deal because there's a house in eighty rental income so it's a six plus cap for a single family home with pretty conservative underwriting. So that's you know if you guys know single family homes around Denver. That's a really good deal around Denver. If you're getting six plus caps around tout so I've definitely been thinking the last week. I'm Mike. Let Me Review of my finances how to stick with my plan all the stuff so my plan is to continue forward with the property purchase because all my finances are lined up and ready to go. I'm a comfortable position and plus knowing what I know with. Denver market currently With you know. They're still high demand that they're both in the rental side and both from the buy side. I am comfortable moving forward because whether this takes two months or six months or nine months or a year you know life will get back to normal and Denver still very strong market so I still WanNa buy properties and stay focused on my twenty thirty year. Investment Plan for buying rental properties. Plus somebody else forgot to mention that the earlier protest podcast. I've got that condo vacant and a vacant unit at my four plex and they both went live with the last week or two as far as on the market. They both had good showings good interest So I'm very comfortable in the rental market now. I'm also prepared for possibly having it take a month or two longer to rent because you know life is slowing down or maybe it just takes longer to rent. I'm also prepare thing. Hey if rinse after. Drop a little bit. I am fine with that so I'm comfortable with what I everything I know. What the current market so one the share that with you so you could get a brief snapshot what. My plan is hope. That gives you some ideas what your plan is. And it gives you the motivation to go. Look at Your Plan Review. Your plan or go create a plan and my plan going forward is to stick with the plan thousand. The biggest lessons I learned from two thousand eight is have a plan in place. Make sure you're sticking with that plan through the good times and the bad times and I'm I've been speaking with my plans to the good times which keep high cash reserves and that way during the bad times hopefully You know we can weather the storm. All our properties can weather the storm because in five or ten twenty years. This will be a footnote in history And you know life will get back to normal at some point so if you guys have questions I would definitely recommend going that big pockets form throughout. Put a link to in the show notes. Because there'll be lots. Hopefully lots of account Terry on there if your client online. Of course you always reach out to me. I've been talking. Allow clients is last week or two. We've been talking through scenarios a discussing items You know figuring out. Hey wasn't make sense. Ford was it makes sense to sideline yourself a couple of weeks or a couple months. And we're having those conversations right now so if your client of mine reach out to me and also stay up to date on the podcast because I will be publishing more information and also just random. Note that pop. My Mind I've mentioned that Denver Real Estate Investing Guide. I just actually on Friday. I'm recording on Sunday. I got the first proof or the first printed proof of the twenty twenty guide so I am going to be proofing that this next week and we will be releasing a week or two around sometime. I should not we could do. We'll be racing sometime next few weeks and original plan for that was just kind of hanging out. The clients had an classes. Get on people's hand obviously won't be doing that for awhile. Now so I'll send an email and I'll definitely share the Amazon link And this year. I'll probably put up on kindle to that was just an easier way for people to read because I I think this is more important than ever to be reading plans and refining your strategy and also staying to your plan if you guys have questions definitely reach out to me. All Right Man Art. Everyone stay healthy and stay safe..