Denver real estate investment - reno before & after photosAll of us at Feaster Realty truly believe in real estate as a solid investment, for ourselves as well as our clients!  Jay & I recently finished renovating a home in Arvada with the intention of keeping it at least until we retire, if not forever to pass along to our kids.  Upfront, we had a fairly narrow search criteria (single family, 3-5 beds, 2+ baths, decent schools, quiet neighborhood, south Arvada, etc).  After seeing quite a few options, we really liked the potential of this home.  We purchased a 1972 home from the original owners who kept just about everything the same with the exception of a few key elements like the roof.  [Side note: I wish I would have taken a photo of that teal bath tub!]  We briefly considered throwing in renters ASAP to…

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Buying a home in Denver and the surrounding area is expensive! With the lack of inventory and the rise in pricing, it can be very hard for a Denver first time home buyer to purchase a home. Although Denver home prices have skyrocketed, there are some areas that can still be affordable for a first time home buyer, but you do have to be ready to strike while the iron’s hot! The current median home value in Denver is $383,200*, but you can still find some great homes priced under $300,000 in these areas:

1. WindsorWindsor Homes for Sale Denver, CO

In Denver (not to be confused with Windsor, Colorado), this neighborhood is sandwiched between South Quebec Street and South Havana Street, and just North of East Mississippi. Homes in the Windsor neighborhood sit comfortably, surrounded by…

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Colorado Real Estate InvestmentsWhat is a 1031 Exchange? This is a question we hear a lot from our clients that have recently purchased a rental property (or hope to do so in the future). If you’ve ever considered investing in a rental property, the 1031 Exchange should definitely be part of your plan. Here are 5 things to know about a 1031 Exchange:

  1. What is a 1031 Exchange? To put it simply, a 1031 Exchange is a section of the tax code that incentivizes the swap of one business or investment asset for another (most often real estate). For our clients, this most often comes in the form of swapping one rental property for another.
  2. Why use a 1031 Exchange? To defer taxes, of course! In other words, the IRS lets you change the form of your investment without (or with limited)…

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