Real estate can be great way to build wealth. Most people start investing in real estate by buying a personal residence. BOULDER – It’s the new year! Time for a fresh start – for reconsidering your finances and growing your investments. Real estate can be great way to build wealth. Most people start investing in […]
Denver Most Recovered City since Great Recession
Denver receives many ‘Best of’ acclaims and this is one high ranking the city can be especially proud of. The Mile High City ranked No. 1 for recovering more from the Great Recession than any U.S. city. The Great Recession had a huge impact on the national economy from 2007 to mid-2009. Investors suffered […]
Not ready to buy? Try a lease option.
What is a lease option? Otherwise known as a “lease option to buy,” it is an agreement between a buyer and a property owner in which a buyer pays the owner money to purchase the property at a later date. This real estate tool can be a win/win for all parties involved, especially if both […]
A Tour of the New Hiltons on Canyon Blvd.!
Just before they opened Duane Duggan, with the Boulder Property Network at RE/MAX of Boulder, was permitted into the new Embassy Suites Boulder and Hilton Garden Inn (collectively referred to as the Hiltons on Canyon) that just went up next door to RE/MAX of Boulder! If you have not yet had the pleasure of checking […]
Gifting a Down Payment and Gift Taxes
Duane Duggan with the Boulder Property Network and RE/MAX of Boulder affiliated attorney, Gina Weinberger, discuss gifting money to help someone with a down payment or purchasing a home. We covered lots of ground in this short podcast! Is there a limit to gifting? What is the lifetime threshold? When is there a tax burden? […]
Beware! Real Estate Transactions and Wire Fraud
This year electronic real estate transactions have undergone an onslaught of attacks as cyber-criminals attempt to steal wire transfer funds. Yes, even right here in Boulder! Sophisticated hackers have stolen hundreds of thousands of dollars by re-directing wiring instructions in the middle of a real estate transaction. For many clients, their entire life savings have […]
Alphabet Soup – What Do These Real estate Designations Mean?
When searching for a real estate agent, you often come across their list their credentials including designations and certifications. Real estate designations are a jumble of letters that seem to have little or no meaning. However, they do in fact represent a higher level of education and knowledge, expertise, and professionalism. It is important […]
The Realities of Fix-and-Flips – Part 2
The following article is a summary from the book, “REALTOR for Life”, written by Duane Duggan. Fix and flips are incredibly popular on TV home shows and make these ventures look easy and highly profitable – but are they? In my previous article, “The Realties of Fix-and-Flips – Part 1,” I discussed building a […]
Another Satisfied Client!
Timmy Duggan grew up in Boulder and his knowledge of the area is incredible. He knows every Nook of Boulder and quickly figures out what you are looking for and provides valuable insight. I enjoyed a frustration and stress free purchase!!!! Wayne B.
Comparing One Real Estate Investment to Another
There are several rules of thumb that help you compare different investment properties. The perfect comparison would account for all factors involved in a real estate investment: rent amounts, purchase price, initial investment, appreciation, depreciation, expenses, loan amount, holding period, time value of money, exact future sales price and tax liability upon sale. None […]