In this episode of Fire on FIRE investing, former fire operations chief turned financial advisor Jon Adams joins Chris Lopez and co-hosts Paul DeSalvo and Jamin Cook to explore why “boring” wealth building strategies consistently outperform flashy investment trends.

Drawing from his journey from firefighter to financial advisor, Adams shares candid insights about building lasting wealth through steady, proven methods rather than chasing quick returns. His transition gives him a unique perspective on helping others create financial security while there’s still time to enjoy it.

Along with hosts Paul (a retired firefighter and real estate investor) and Jamin (an active firefighter and licensed realtor), Adams dives into:

• Why consistent monthly investments beat trying to time the market
• Smart strategies to maximize retirement and health savings accounts
• The surprising math behind lifestyle choices: how Adams’ $30,000 truck actually cost him $100,000 in lost investment returns
• Tax-efficient investing approaches that can transform your retirement outlook
• Essential estate planning steps that many investors overlook

This conversation cuts through the noise of trendy investment tips and market timing schemes to reveal how “boring” wealth building – through steady investing, tax optimization, and patient compound growth – creates lasting financial security.

Perfect for anyone who wants to build real wealth without unnecessary risks, regardless of their profession. Learn why the slow-and-steady approach, while not exciting, has helped countless investors achieve their financial goals.

Timestamps

(05:25) Importance of Early Retirement Planning

(15:00) The Necessity of Estate Planning and Life Insurance

(32:44) Real Estate as a Retirement Strategy

(44:40) Understanding Risk Management

(59:40) Retirement Accounts and Their Benefits

Links in Podcast

Die with Zero by Bill Perkins

Learn more about Fire on FIRE

Contact Jon Adams

Email: [email protected]

Phone: 303-552-0945

Reach out to Paul DeSalvo and Jamin Cook

Email: [email protected]

Instagram: @fireonfireinvesting

Check out our other Fire on Fire Podcasts

#529: From Injured Firefighter to Financial Independence (And How You Can Do It Too)

#479: First Responder to Financial Freedom Paul DeSalvo’s Mission to Help Others Achieve Financial Freedom

Is the popular BRRRR strategy still viable in Denver’s market? Kevin Amolsch, Pine Financial Group’s founder and bestselling author, reveals why only 10% of their current loans are BRRRR deals – down significantly from previous years.

Why the BRRRR Strategy is Declining in Denver

Kevin shares invaluable insights from processing nearly a billion dollars in loans over 16 years, showing a dramatic shift away from the once-popular BRRRR strategy. With changing market conditions and rising costs, investors are finding it increasingly difficult to execute this strategy effectively in Colorado’s competitive market.

Current Market Trends Replacing BRRRR Strategy

• Why many investors are shifting away from the BRRRR strategy and exploring commercial real estate opportunities
• Current market dynamics showing why residential property appreciation may stay flat
• How successful investors are adapting their portfolios in response to changing conditions
• Real examples of deals working in today’s market, including a 7.2% cap rate office building bought below replacement cost

What’s Working When BRRRR Isn’t an Option

As Denver’s real estate landscape evolves, learn why traditional strategies like BRRRR may need rethinking and what alternative approaches seasoned investors are using to maintain strong returns. Kevin highlights emerging opportunities in commercial real estate and explains why some investors are moving toward syndications and private lending for better cash flow.

Market Data Shows Why BRRRR Strategy Needs Updating

Pine Financial’s loan portfolio reveals telling trends about what’s working in today’s market:

• Extended loan terms due to longer marketing periods
• Shift toward fix-and-flip over BRRRR deals
• Increased focus on commercial opportunities
• Growing interest in private lending as an alternative

Whether you’re a new investor wondering if BRRRR is still viable, or an experienced owner looking to optimize your portfolio, this data-driven discussion provides practical insights for navigating today’s market challenges.

Want to learn more? Join the Investor Success Summit on November 9th – Colorado’s largest real estate investing conference. Meet Kevin and other industry experts, including BiggerPockets CEO Scott Trench. Get your tickets at DenverISS.com.

Timestamps

(04:50) Current Trends in Commercial and Residential Lending

(07:00) The BRRRR Strategy Today

(11:54) Challenges in the Current Real Estate Market

(18:20) Foreclosure Rates and Lending Practices

(23:04) Investment Strategies and Opportunities for Cash Flow

(43:11) The Investor Success Summit Overview

Links in Podcast

Connect with Kevin Amolsch

Email: [email protected]

LinkedIn: linkedin.com/in/kevinamolsch/

Visit Pine Financial Group

Interested in Attending the Investor Success Summit? Sign up here

For the first time since 2012, Denver’s housing inventory crossed over 11,000 units and reached 3.5 months of supply – signaling a shift toward a more balanced market. Join host Chris Lopez and local experts Jenny Bayless, Jeff White, and Troy Howell as they break down the latest September stats and trends across the Denver-Colorado Springs region.

Inside this episode:

• Why median home prices dropped 2.5% year-over-year in Denver (and what’s really driving this unexpected change)
• How one investor scored an $18,000 seller credit on a duplex purchase by using smart negotiation tactics in today’s market conditions
• A surprising 30% reduction in insurance costs on a large apartment complex reveals new opportunities
• Breaking news on downtown Colorado Springs’ 32% apartment vacancy rate and what it means for investors

Whether you’re planning to buy or sell, this data-packed episode gives you the local insights needed to make informed real estate decisions. Plus, discover why November and December historically offer the best opportunities for buyers in Colorado.

Timestamps

(01:24) September Market Overview

(12:02) Interest Rates and Market Dynamics

(15:15) Duplex Deal and Tips for Buyers

(20:46) Colorado Springs Overbuilding Debate

(26:03) Insurance Costs and Trends

(34:40) Final Thoughts

Links from Podcast

Nova Home Loans: https://troyhowell.novahomeloans.com

Email Troy Howell: [email protected]

• LinkedIn: Troy Howell

Email Jeff White: [email protected]

• LinkedIn: Jeff White

Email Jenny Bayless: [email protected]

• Denver September 2024 Real Estate Market Updates
• Colorado Springs & Pueblo September 2024 Real Estate Market Updates

Who is Nova Home Loans?

For over 40 years, we’ve been focused on helping homeowners find the perfect loan to fit their financial needs and personal goals. Working with NOVA is a personalized experience from initial application to final loan closing and beyond. We will be with you every step of the way toward successful homeownership. Start working with NOVA & Troy Howell today!

NOVA FINANCIAL & INVESTMENT CORPORATION, DBA NOVA HOME LOANS NMLS 3087/ EQUAL HOUSING OPPORTUNITY/8055 EAST TUFTS AVENUE, SUITE 101/DENVER, CO

Are you searching for a career path with rapid growth potential, diverse opportunities, and tangible rewards? Look no further than a career in Denver’s thriving property management industry. In our most recent episode of the Denver Real Estate Investing Podcast, host Chris Lopez explored the numerous advantages of building a career in this dynamic field.

The episode featured insights from three industry professionals:

1. Regional Manager with over two decades of experience
2. Assistant Manager who rapidly advanced in just five years
3. Area Maintenance Manager with 15 years in the field

These guests from the Apartment Association of Metro Denver (AAMD) shared their journeys and unveiled the exciting opportunities within property management. Let’s dive into what makes this industry a hidden gem for career seekers.

Accessibility and Growth Potential

One of the most attractive aspects of the property management industry is its accessibility. Unlike many fields that require specific degrees, property management welcomes individuals from all educational backgrounds. Whether you’re a recent high school graduate, a college student, or someone looking for a career change, there’s a place for you in this industry.

What’s more, the property management sector offers impressive growth potential. It’s not uncommon for dedicated professionals to advance from entry-level positions to management roles within just a few years. This rapid career progression is fueled by the industry’s growth and its commitment to developing talent from within.

Diverse Career Paths in Property Management

The property management industry offers a wide array of roles to suit different interests and skills:

1. Leasing Consultants: Ideal for those who excel in customer service and enjoy sales.
2. Maintenance Technicians: Perfect for hands-on problem solvers who like variety in their work.
3. Property Managers: Great for individuals with leadership skills and business acumen.
4. Marketing Specialists: Suited for creative minds who enjoy promoting properties and communities.
5. Financial Analysts: For those who have a head for numbers and enjoy the business side of property management.

This diversity allows for lateral moves and career pivots, providing ample opportunities for professional growth and exploration.

Unbeatable Benefits

A career in property management comes with some unique and attractive perks:

1. Rent Discounts: Many companies offer significant discounts (up to 40-50%) on rent for employees.
2. On-the-Job Training: Gain valuable, transferable skills that serve you throughout your career and personal life.
3. Paid Continuing Education: Companies often invest in your professional growth by covering the cost of certifications and training programs.
4. Stability: The constant need for housing ensures a stable job market in this industry.
5. Impact: Play a direct role in providing and maintaining homes for individuals and families in your community.

Skill Development and Transferability

The skills you develop with a career in property management are highly valuable and transferable. These include:

• Customer Service: Learn to work with diverse groups of people and handle various situations.
• Problem-Solving: Develop critical thinking skills to address maintenance issues and resident concerns.
• Business Operations: Gain insight into financial management, marketing, and operational efficiency.
• Leadership: As you progress, hone your ability to manage teams and projects effectively.

A Supportive Community Within the Property Management Industry

The property management industry in Denver, supported by organizations like the AAMD, offers a strong sense of community. Regular events, networking opportunities, and professional development programs create an environment where you’re not just finding a job – you’re joining a professional family.

Ready to Jump Into a Property Management Career?

Ready to dive into the exciting world of property management? The ProApartments Job Board, created by the AAMD, makes it easy to explore a wide range of positions in the apartment industry, from entry-level to executive roles.

Don’t let this opportunity pass you by. Visit the ProApartments Job Board today and take the first step towards a rewarding career in property management. With its accessibility, growth potential, diverse opportunities, and unique benefits, the property management industry in Denver could be the key to unlocking your professional future.

Remember, in property management, your potential for growth is limited only by your ambition. Why wait? Your dream job could be just a click away!

Timestamps

(04:55) Transitioning from a Job to a Career in Property Management

(11:44) Skills and Growth Opportunities in Maintenance

(15:59) The People-Focused Nature of the Property Management Industry

(23:17) Why to Consider a Career in Property Management

(30:07) How to Find Property Management Jobs

(32:12) Advice for Aspiring Property Managers

(39:54) Unique Benefits of Property Management Careers

(48:15) Apprenticeship Opportunities

Links from Podcast

Pro Apartments Job Board: https://www.proapartments.com/

Connect with Katie Flood: [email protected]

Connect with Bobby Pass: [email protected]

Connect with Bianey Gonzalez-Rodriguez: [email protected]

Interested in becoming a member of the Apartment Association of Metro Denver (AAMD)?

Connect with Christopher Dean: [email protected]

Is Denver Real Estate Still a Good Investment in 2025?

High interest rates, skyrocketing prices, and new legislation have transformed the Denver real estate market. But don’t panic – savvy investors are still finding lucrative opportunities. In this episode, host Chris Lopez breaks down the strategies that are working in today’s challenging environment.

You’ll discover:

• Why buying a single-family rental might be a losing proposition in 2024
• The surprising property type that’s outperforming in the current market
• How to potentially double your cash flow with one simple tweak to your rental strategy
• The “2008-like” opportunity that most investors are completely overlooking

Chris shares data-driven insights from his experience guiding hundreds of Colorado investors, revealing which strategies are thriving and which are struggling in the new high-interest rate landscape.

Whether you’re a seasoned investor or just getting started, this episode provides the roadmap you need to navigate Denver’s evolving real estate market. Learn how to adjust your approach based on your available time, capital, and experience level.

Don’t miss this essential guide to investing in Denver real estate in 2024 and beyond. By the end of the episode, you’ll have a clear action plan tailored to your specific situation.

Ready to take your Denver real estate investing to the next level? Read the 2025 Investing Guide and schedule your complimentary strategy session today!

Timestamps

(03:35) Investment Strategies in the Current Market Cycle

(09:13) Finding the Right Investment for You

(13:43) Opportunities in Commercial Multifamily and Passive Investing

Links from Podcast

2025 Denver Real Estate Investing Guide

Investment Strategy Consultation

A career-ending injury can derail a firefighter’s life in an instant. This eye-opening episode of the Denver Real Estate Investing Podcast features Paul DeSalvo and Jamin Cook, two firefighters who turned to real estate after facing potentially career-ending injuries. They reveal how smart property investments became their financial lifeline and share strategies to help fellow first responders secure their futures.

Paul and Jamin discuss how real estate provided them with a crucial fallback option when their firefighting careers were threatened. They break down three real-life scenarios showing how firefighters at different career stages can leverage real estate:

1. A rookie using house hacking to build wealth early in their career
2. A firefighter who inherited property and needed guidance on maximizing its value
3. An experienced investor optimizing their portfolio for retirement

Discover how one firefighter is living rent-free by renting rooms to colleagues, and hear about another who sold a long-held rental, potentially saving tens of thousands in taxes. Learn about programs specifically designed to help first responders invest in real estate with minimal upfront costs.

Whether you’re just starting your career or nearing retirement, this episode offers valuable insights on using real estate to create a financial safety net. Don’t miss these crucial strategies for protecting your financial future in the face of job uncertainty.

(01:59) The Birth of Fire on FIRE

(09:55) Navigating the Real Estate Market: Opportunities and Challenges

(16:59) Helping Firefighters Navigate Inherited Properties

(21:21) Firefighters as Landlords: Building and Managing Rental Portfolios

(27:18) Common Objections and Roadblocks in Real Estate Investing

Links from the Podcast

Email: [email protected]

Website: fireonfire.org

Instagram: @fireonfireinvesting

The August 2024 market stats for Denver and Southern Colorado are now out, and our roundtable is back to discuss what they mean. Check out the video to hear the latest trends, get updates on buyer activity, interest rates, and get the details on some of our latest deals. Whether you’re looking to buy, sell, or refinance, this is your playbook for navigating the market this fall!

(01:20) Market Overview and Trends

(05:13) Interest Rates and Market Sentiment

(07:44) Buying Strategies for Quarter Four

(15:11) Deal: Colorado Springs 8-Plex

(20:36) Deal: Denver 4-Plex

(29:02) Commercial Multifamily Real Estate Insights

Links from Podcast

Nova Home Loans: https://troyhowell.novahomeloans.com

Email Troy Howell: [email protected]

• LinkedIn: Troy Howell

Email Jeff White: [email protected]

• LinkedIn: Jeff White

Who is Nova Home Loans?

For over 40 years, we’ve been focused on helping homeowners find the perfect loan to fit their financial needs and personal goals. Working with NOVA is a personalized experience from initial application to final loan closing and beyond. We will be with you every step of the way toward successful homeownership. Start working with NOVA & Troy Howell today!

NOVA FINANCIAL & INVESTMENT CORPORATION, DBA NOVA HOME LOANS NMLS 3087/ EQUAL HOUSING OPPORTUNITY/8055 EAST TUFTS AVENUE, SUITE 101/DENVER, CO

Ever wondered what it takes to transform an empty lot into a thriving multifamily property? In this eye-opening episode, host Chris Lopez sits down with Adam Fenton of Narrate Holdings to unravel the complexities of land acquisition and development in Colorado’s competitive real estate market.

Adam shares his wealth of expertise on:

• Navigating the land-buying process from initial scouting to closing the deal
• Crucial due diligence steps that can make or break a project
• The critical importance of understanding zoning and historic designations
• How to assemble and leverage a team of experts for success

Discover why seemingly simple parcels can hide million-dollar pitfalls and learn how savvy developers mitigate risks. Whether you’re a seasoned investor or just curious about real estate development, this episode offers valuable insights into the intricate world of transforming raw land into profitable properties.

Don’t miss this deep dive into the first crucial steps of real estate development – it might just change how you view that vacant lot down the street!

Timestamps

(02:46) How do you find land?

(08:31) You’ve found it, now what?

(17:05) Knowing what you can build

(21:53) Letter of Intent (LOI)

(25:03) Purchase and Sale Agreement

(34:11) Under Contract

(38:01) End of Due Diligence

(40:54) Path to Closing

Links to Podcast

Interested in learning more about Narrate or investing in one of their projects?

Schedule a call with our team here

Visit Narrate Holdings Website

Adam Fenton LinkedIn

Check out our other Narrate podcasts:

Episode 499: How this Developer’s Creative Debt Financing Strategy Helps Them Stand Out w/ Adam Fenton

Episode 501: Real Estate Development from Concept to Reality | Deal Analysis

Who is Narrate?

Based in Denver, Narrate is a boutique private equity firm specializing in the investment and development of multifamily and mixed-use real estate projects as well as business ventures across the US. We are an experienced team of professionals focused on limiting downside risk while providing long-term, stable growth for investors. Our portfolio includes a diversified mix of ground-up development and existing value-add properties as well as high-margin scalable businesses. Our approach blends personalized attention with deep industry expertise, enabling us to identify and nurture opportunities that others may overlook.

Disclaimer: This podcast provides educational and informational content only. It does not constitute personalized financial, legal, or tax advice.

Could converting houses into senior living facilities be the most overlooked goldmine in real estate? In this eye-opening episode of the Denver Real Estate Investing Podcast, host Chris Lopez sits down with Mitch Conrad, a former high school teacher who transformed a personal family crisis into a thriving 23-location senior living empire.

Mitch’s journey from educator to real estate mogul is nothing short of extraordinary. He now oversees 400+ senior residents and nearly 300 employees, all stemming from an accidental foray into long-term real estate investing. You’ll hear the pivotal moment that led him to specialize in this unique and lucrative niche.

Prepare for some mind-blowing revelations:

• The unexpected advantages of residential senior care facilities during the COVID-19 pandemic
• How Mitch and his wife navigated the labyrinth of senior care regulations (including some inspection stories that will leave you in disbelief)
• Why converting single-family homes into senior care properties can potentially outperform traditional multifamily investing

Mitch offers a masterclass in scaling a real estate business, detailing his progression from small residential properties to commercial facilities. He shares priceless advice on:

• Identifying and dominating your real estate niche
• The crucial importance of taking action, even when you feel unprepared
• Developing an “unfair advantage” in your chosen real estate specialty

Whether you’re a veteran investor seeking new opportunities or a newcomer looking for inspiration, this episode is brimming with game-changing strategies and hard-earned wisdom.

Timestamps

(01:59) From Teacher to Real Estate Investor

(08:44) Transitioning to Senior Living

(12:26) Converting Homes into Senior Care Facilities

(22:59) Scaling Up: Residential to Commercial Facilities

(29:14) Tips for Real Estate Investors

Links to Podcast

Mitch Conrad email: [email protected]

• LinkedIn: Mitch Conrad
• Mitch Conrad Website: https://GardensCare.com/

Join host Chris Lopez as he explores the world of debt funds with Justin and Matt, founders of Dynamo Capital. These innovative investors are reshaping real estate finance in Wichita, Kansas – a market that offers surprising opportunities for yield-seeking Denver investors.

In this eye-opening episode, you’ll learn:

• How Midwest rental yields are dramatically outpacing Denver’s compressed margins, offering a lifeline for cash flow-focused investors
• Why Wichita is being called “Des Moines 20 years ago” and what that means for early movers
• The surprising truth about foreclosure rates in debt funds (hint: it’s lower than you might think!)

Justin and Matt break down their unique approach to debt fund management, revealing how they achieve consistent double-digit yields where traditional investing struggles. You’ll hear how they balance the rigidity of conventional lending with the speed of hard money, funding deals in as little as three business days.

Discover how their debt fund:

• Generated an impressive 82% average loan-to-cost ratio in 2023
• Maintains an average 63% loan-to-value across their portfolio
• Provides opportunities in a market where investors are acquiring cash-flowing properties for as little as $55,000

Whether you’re a seasoned Denver investor looking to diversify or a newcomer seeking better returns, this episode is packed with actionable insights. Explore how debt funds are opening doors in markets where rising interest rates have shuttered traditional opportunities.

Don’t miss this chance to expand your real estate horizons and learn how to be the bank in today’s evolving landscape. Tune in now to discover strategies that could transform your investing approach!

Timestamps

(02:02) The Basics of Debt Funds and Benefits

(06:16) Wichita vs Denver Real Estate Market

(12:03) Investing in the BRRR Strategy with a Debt Fund

(20:35) Background of Dynamo Capital

(25:54) Loan Products Offered by Debt Funds

(27:36) Defaults, Foreclosures, and Managing Risk

Links to Podcast

Interested in learning more about Dynamo and the funds they offer? Schedule a call with our team here.

Who is Dynamo

Dynamo Capital, founded in 2023, is a debt fund specializing in residential real estate lending in Wichita, Kansas. Offering fix-and-flip, construction, and long-term financing, they leverage technology and experience to give investors an edge in the lucrative fix-and-flip market. Dynamo balances traditional lending rigidity with hard money speed, typically lending up to 75% of a property’s after-repair value. Their personalized approach and strategic underwriting aim to provide flexible, accessible financing for real estate investors, enhancing clients’ portfolios with agility and expertise.

Disclaimer: This podcast provides educational and informational content only. It does not constitute personalized financial, legal, or tax advice.

In this informative episode of the Denver Real Estate Investing Podcast, host Chris Lopez explores the rapidly expanding Build-to-Rent (BTR) sector with industry experts Ryan Watts of Red River and Bill Morton of Leo Brown Group. They offer an in-depth analysis of their Centerville, OH Build-to-Rent (BTR) project highlighting why BTR is emerging as a notable asset class for astute investors.

Key highlights of this podcast include:

• A comprehensive overview of a $58 million BTR development
• Projected returns in the mid to low 20s IRR and a 2x investment multiple
• Strategies for identifying prime locations with high barriers to entry
• The strategic advantages of vertically integrated construction and property management
• Innovative phased construction approaches for optimized cash flow

Ryan and Bill share their expertise on:

1. Recognizing and leveraging opportunities in undersupplied markets
2. The strategic benefits of in-house construction and property management
3. How phased development can lead to earlier revenue generation
4. Designing amenities that appeal to both young professionals and empty nesters

This episode offers valuable insights for seasoned real estate investors and newcomers alike. Learn why Build-to-Rent communities are reshaping the rental market and how investors can position themselves within this growing trend.

Tune in to gain a comprehensive understanding of this emerging asset class and the strategies driving its growth. Expand your real estate investment knowledge and explore the potential of Build-to-Rent communities in this must-listen episode.

Timestamps

(06:10) Selecting the Right Market: Centerville, Ohio

(12:20) The Importance of Local Sponsors in BTR Development

(18:12) The Construction Process and Milestones for Centerville, OH Build-to-Rent (BTR) Project

(24:25) Keeping Residents Happy During Construction

(30:26) Expected Returns for BTR Investors

(33:42) The Future of BTR and Red River’s Growth Strategy

Links to Podcast

Interested in learning more about Red River?

Schedule a call with our team here!

Check out our other Red River podcasts:

#520: Inside the Making of a $30M Build-to-Rent Community #516: The Rise of Build-to-Rent and Why Investors Should Take Note

Who is Red River?

Red River Development is a vertically integrated real estate development company with a focus on developing and operating class-A build-for-rent residential communities under the management brand: Trulo Homes. A unique and growing space in the housing market, luxury rental communities provide the comfort and privacy of single-family homes with the convenience and amenities of high-end multifamily rentals. Red River sees extensive market opportunity in the Build-To-Rent (BTR) space throughout the Southern and Midwest U.S. with a substantial pipeline of developments planned to break ground later in 2024 and beyond. Red River is headquartered in Dallas, TX with a second office in Tulsa, OK.

Disclaimer: This podcast provides educational and informational content only. It does not constitute personalized financial, legal, or tax advice.