How do you get into the real estate investing game? One house at a time. Real estate investing, like the stock market, can be daunting for some, but the payoff is worth the learning curve. My client, Kevin, became a landlord in 2007 with the purchase of his first rental property, half of a duplex in the City Park neighborhood of Denver. With a $150,000 purchase price and some minor upgrades to suit his specifications, Kevin was able to create positive cash flow within a few months. Two years later, we looked for another property, scouring for a neighborhood where you could still find a bargain, yet prices were pitched to rise. We found a larger single family, bank-owned home between Park Hill and Stapleton and were able to close on it for $136,000. The rehab was more inclusive, but with Kevin’s skill and good taste he created a very desirable rental which drew a very happy tenant. More cash flow. Today, we closed on his third rental property, in the heart of Park Hill. The $107,000 purchase price gives you an idea of what the market has done over the past few years and why Kevin is a happily building wealth through real estate. With a low down-payment, a well-planned fix-up budget and great interest rate, Kevin will be putting a total of $1,000 a month in his pocket this summer from his three investment properties. When you add in the tax benefits and property appreciation that comes with buying now and holding a long-term investment, Kevin is coming out way ahead.
Buying rental property is a great way for creative people to build long-term, sustainable wealth. For Kevin, this is the perfect blend of creativity and commerce and we’ll be following his journey through the fix-up process. Do you think this might be a good path for you? Call, text or email me, I’d be glad to show you successful strategies for building wealth through real estate. Till then, THRIVE BABY!
You’ll love the look and feel of this remodeled brick townhome in fabulous Mayfair! Situated on the corner it feels like a single family home. Keeping all of the 1945 charm, the updated kitchen has been opened up, offering a light and cheery feeling. Granite counters and handmade cabinets, stainless steel appliances, Viking stove, convection/microwave oven, hardwood floors, custom window coverings, designer paint~ it’s clean as a whistle! New windows, new bathroom fixtures and new vintage-style tile floor, patio with the option for private fencing and a strong HOA make this perfect for your first time home buyer! Great condo alternative and the best in the neighborhood. Call me for a showing, you really should take a look!
The fog lifts, the clouds part and the music swells as 2010 becomes the year of living visibly. After a few years under the radar I’m now accelerating through life full throttle with the Fuzz Buster on. The shoes have fallen and I’ve put them on my feet, the thread has unraveled leaving me naked to the world (except for that stint as Mrs. Robinson, but that was not my doing).
When we began rehearsals, the play had a different ending. Ames had deconstructed her creation and reconstructed it in a different configuration to form a completely different message. She had picked up the elements of her life and put them back together, but had not traveled forward or backward into the new. She was still in the same place, it just looked different. After the first read-through that same, strong voice came to me clearly but this time it said “Go, baby. Go there”, so I did. When the final image is revealed, Ames has returned to herself, just as I have. Though I consciously put my life together this year using what was left and returning to what was there in the first place, it is only in the writing of this blog I’m aware of the parallels between creator and creation. I’m no longer content with separating myself into fragments: the Realtor, the soccer mom, the artist, for the world is all of it at the same time.
Last night I jammed my foot and think I broke a small bone. It is uncomfortable to walk, slightly painful, and believe it or not feels better when I’m in high heels. But then, I always feel better in heels. The funny thing is that the show opens tonight, the “break-a-legs” have been pouring in…I am such a literalist.
I endure hardship, folding it into life like melted butter into batter. It is an expected guest, though an unwelcome one. What unfolded in the summer of ’08 was an unexpected test. I could no longer swim in the waters of chaos, the vortex of mental illness is far too strong. The dam broke in the marriage in February of ’07, flooding me with the realities of raising two sons solo as a Realtor® in a declining market. Two soccer schedules at two different parks had me driving in circles, keeping the boys in their schools meant a ten mile daily commute; I spent many a morning burrowed in the underground parking lot, napping in the back of the Volvo before going to my office. Endurance is endearing, enduring is exhausting. Under the circumstances, this was a trade up; at least the chaos was my own. Slowly, putting one stiletto in front of another I moved forward, no longer sacrificing my life on the alter of addiction. While he took to climbing mountains, I became adept at moving them. It got better. Until the other shoe dropped…
The boys had been with their dad for the Fourth of July weekend. I was on my way to meet them half way for the kid swap when the phone rang. No one had heard from my brother since Thursday. Now if Steve hadn’t called me, his wife or his life-long friend in three days, something was seriously wrong. I promised to go by the house and check in, I called the boys to say I’d need more time, and I got dressed slowly and methodically, thinking ‘are these the glasses you want to wear when you talk to the coroner? Should I take a sweater in case it’s cold in the morgue?’ Driving across town I wished I had some dry cleaning to pick up, contemplated a drive through the Starbucks, anything to delay what I knew was inevitable. I ran through my mental Rolodex, looking for someone who might meet me there, cursing and asking, ‘Why do I have to do this alone?’ Tears were welling but not falling, waiting in the traffic jam of my numbness. The ten minute drive felt like an hour. I pulled up to the house; his car was catty-wampus in the driveway, the keys lying on the threshold of the front door. My deepest fear confirmed in that moment. I walked around the back of the house to check the back, stood at the sliding glass door looking in. A clear voice spoke to me, very strong, “No baby, don’t do this. Don’t come in, you don’t have to do this.” I knocked as a matter of protocol and called the police. “My brother is dead.” “Are you with him?” came the first of many questions from the 911 operator. “No, he is dead at the bottom of the stairway.” I said, having no evidence save the premonition I’d had months earlier as I followed Steve down the stairs. I waited for the cops to come, alone. My real estate partner, Lea, called with a question about condo rules. I answered in a trance and told her where I was. She landed there in minutes, like an angel; staying the five hours it took for detectives and coroners to process the scene. I didn’t break until the photographer arrived. Steve had been a professional photographer and in our LA days I’d been his model, rep and muse. I was crushed under the weight of irony. The family gathered for the “Shaffer Shiva”, a ritual that requires more vodka than prayers. And time passed.
THE TROUBLE WITH FSBO.
There are a million real estate stories in the Mile High City; this is one of them. The story you are about to read is true, the names have been changed to protect the innocent. This is a story of one girl’s nightmare. Me. I’m a REALTOR®. But I’ll try not to let that get in my way.
It was a hot summer in cool real estate market. The rolling boil of winter’s tax incentives had simmered into springtime and left the pot dry. Houses sat for weeks without a showing. Sweaty listing agents tied balloons to open house signs as potential buyers rolled by on fat-tired bicycles. My phone rang. It was the clients I’d put into a downtown duplex some years before; cute couple, new baby, good debt-to-income ratio and a spanking clean credit score. They were smart enough to see it was time for a move up, down to the bucolic suburbs. Interest rates hadn’t been this low since… well, ever.
We set out shopping, searching for nothing less than the dream home: that elusive slice of Americana where you know your neighbors, raise a family. And we found it, love at first sight, a bit like Bedford Falls but in Technicolor. The drawback? It was a FSBO. *bum-bum-bum-bummm*.
Now I’m a kind of do-it-yourself type dame, within reason. I don’t mind doing my nails or washing the dog but I have to draw the line at what I don’t know, like removing a kidney or my taxes. It’s not that I couldn’t do it if I had to, but it wouldn’t be in my best interest. Some folks get all DIY when it comes to selling a house, I mean, how hard could it be, ey? Stick a sign in the yard, a couple snapshots on the Internet, throw some poor schmuck a few clams for an MLS input, then sit back and watch that baby sell.
As my old pal, Joe Friday, once said, “Ah, sure, but just like every other foaming, rabid psycho in this city with a foolproof plan, you’ve forgotten you’re facing the single finest fighting force ever assembled.” REALTORS®
The problem here stemmed from a lack of access to accurate data. Zillow, Trulia and the CMA done by the affable agent who sent the Broncos schedule doesn’t give a true representation of home value. My hunch is that they took the range provided by the neighborhood expert, added 20 to it for ‘negotiation’ and called it a day. They missed the mark in this game of real estate pricing horseshoes. By 35k . When our offer came in at market value and the appraisal backed it up, they went into a tailspin. See, they lacked the two most important things in the real estate process: accurate information and an advocate. Without those two things you’re left vulnerable. Very vulnerable. Just like performing that kidney transplant with a Swiss Army knife and a yard of dental floss, it seems like a good idea at the time, but then you get in there and realize how much you don’t know.
Statistics show that 81% of FSBOs sign with an agent within 30 days, at least the smart ones. Because not only do you reduce your headache and legal liability with a REALTOR®, you actually make more money. Have I made my point? So if you’re considering a move in this hairy market, do yourself a favor and call a Realtor®, hopefully me, and ask a few questions. Just stay away from ones like “Ma’am, what is the approximate dry weight of the average Madagascan fruit tree bat” … ah that Joe Friday.
This is the question discussed today at the Telluride Playwrights Festival Open House and a conversation that circulates through the theatre community like a five dollar bill. I’ve popped this and a few other questions to some of the TPF participants. Grabbing a post-rehearsal snack at Smugglers with director/playwright William Missouri Downs, in from Wyoming to direct Telluride Rep actors in Phillip Gerson’s This Isn’t What It Looks Like. A prolific author and playwright, Bill has eight upcoming productions around the country and just closed the Denver hit, Books on Tape.
T- “Why do you think we keep asking this question?”
B- “To justify our existence.”
T- “Do we ask if new songs should be written, or if fashion should be recreated seasonally?”
B- “Good point. There’s been so much talk over the past few decades about theatre being dead or irrelevant. And with the Internet, we’ve got so many forms of public dialogue and expression.”
T- “Yes, but it’s not in 3-D.”
B- “We’re the original 3-D. If for no other reason than the disconnect of the internet, we’ve become more relevant. Those who want to participate in the intimate reflection of life that only theatre offers crave it. We are like books printed on paper, and campfire stories; not commonplace as the world changes, but essential nonetheless.”
T- “Like art museums. People still go to them but now they take a picture of the art and move on to the next masterpiece. We exist for those who actually stand there and look at the painting.”
B- “Theatre has got to tell stories which are universal, I believe that more and more. When your medium is about being physically in a room with a group of people for a shared experience, the observational story is less effective. Save that for film and television. Just the fact that you can’t talk in the theatre changes things.”
T-“Really, you’re not supposed to talk? What about texting?”
On the gondola with Denver actor Paul Page. “What do you like about being in Telluride?” I asked.
P-“It’s really exciting to be involved in the thought process of a new play. I’ve done many world premieres with script tweaks and changes before opening, but this is a much more raw discovery of the characters as the playwright is solidifying them. The festival really gives the script and the artists a chance to incubate.”
T-“How do you like the play you’re working on?”
P-“Oh god, it’s fascinating. James Still has created these really interesting characters and put them in a highly charged situation. We’re working through the script slowly, moment-to-moment, asking questions of each other in a process of discovering what the play is.”
T- “Plays do write themselves at some point. If you let them.”
P-“And James is so open, so talented. It’s great to work with artists from other markets. After New York I’ve spent the past twenty years in Denver.”
T-“Working constantly.”
P- “Well, yes. But it’s nice to shake it up a bit.”
We’re only a third of the way through the Festival and the energy is building steadily. Hunkered down in our rewrites and rehearsals, meeting up for dinners graciously hosted by TPF supporters, eyeing the mountains for a chance to hike, my experience of Telluride is always a balance of risk and safety. I feel held, which gives me the power to create. And I feel that is terribly important.
I’ve just listed the most beautiful home in Berkeley, one of Denver’s most sought after neighborhoods. This one is an artist’s dream, a gardener’s paradise. Click here, check out the video I made and let me know what you think.
Spring fever hit Colorado, creating the perfect opportunity to stroll away a sunny afternoon with virtuoso chef and Foodswings owner, Brian T. Jacobson. First stop, coffee at Paris on the Platte; Brian swinging in with his energy as fresh and delicious as the food he cooks. Dipping biscotti into double espresso, we talk food, spices and the five essentials I must have in my kitchen. Brian leads me down the spice trade routes and into my very own culinary Age of Discovery. We speak of Dutch West Indies Trading Company, talk of blends, balance and the culture of cardamom. Trading the secrets of pepper and hanging on his every word, and armed with my vintage parasol, I’m restless to sojourn in the sunshine. Under the umbrella of a turquoise floral print, I link my arm in Brian’s and saunter up Little Raven to the Savory Spice Shop.
Savory is the love child of Mike and Janet Johnston, who in 2004, opened their hearts and their spice cabinet to bring some big flavor to downtown Denver. More than 140 original recipe seasonings, small-batch-blended on-site, bear names like Pikes Peak Lemon Pepper and Lodo Red Adobo. Sidled up next to the blends are rows of exotic and common (like me) spices from around the world. Freshly ground and sold in large or small amounts, you can buy just what you need or as much as you like. Brian’s current favs are Berbere Ethiopian Style Seasoning and an Italian Black Truffle Sea Salt that smells of an earthy heaven. Whispering together about the mixes and the meats to rub them on, Brian leads me to a wall of infused sugars in flavors like lavender and vanilla bean. My mind was racing with my taste buds chasing after in a flush of excitement I rarely feel… the urge to cook. Following that urge just got easier as Savory premieres their new Food Network TV show, “Spice & Easy” this month.
On advice from the chef, which is close to doctor’s orders, I throw some Herbs de Provence Sea Salt, Bohemian Forest European Style Rub and Cherry Creek Seafood Seasoning into my canvas bag, pay the winsome clerk and we breeze out the door. Heading south on 15th Street toward Market, and feeling oh so European, Brian stops mid-step in a brain-storm, cooking up ideas for the Biennial of the Americas. Heading up the cuisine committee for the July event, he’s alive with ideas on whom and what should be included in month long celebration.
When Telluride Inside… and Out editor Susan Viebrock told me about Evoo Marketplace I didn’t get it. A store that only sells oil and vinegar? I couldn’t wrap my head around the idea… until I walked through the door. Located in one of Denver’s oldest buildings at 15th & Market, light streams in the high, arched windows, bouncing off the polished steel canisters called “fusti.” These rows of fusti hold some of the finest extra-virgin olive oils and balsamic vinegars from across America and around the world. The concept is try before you buy. We made our way around the shop mixing flavor infused oils with complementary vinegars and dipping delicious bits of bread from The Denver Bread Company to taste our creations. Each combo delivers excitement, both in flavor and the things you choose to blend. I particularly liked the Roasted Garlic oil with a Meyer Lemon balsamic, and the Blood Orange oil with Dark Chocolate vinegar. EVOO owner, Mick, is very customer-centered, sharing his passion and hospitality with ease. I think the only words that came out of my mouth that half hour were “OMG”.
The perfect finish to our lovely day was a stop at Tag Restaurant on Larimer Square for “Social Hour”, with Baja Tacos, Da Bomb Sliders and the Mojito of the Day.
With the grill heating up and the fresh summer produce headed your way, I’m thinking a trip around our Culinary Wonderland makes parking in Lodo worth it!
I have a feeling that except for my inner circle, most of the people who know me will learn of my death on Facebook. I’ve heard of two such loses this week as the Denver theatre community bids farewell to two beloveds. First it was Renye, a much loved artist who fell to cancer and days later the death knell of the National Theatre Conservatory. The one is inexplicable, the other begs for answers and I, the optimist, believe there is re-birth at hand.
The NTC was former Denver Center Artistic Director Donovan Marley’s baby; his vision for sustaining the future of the American Theatre through the impeccable training of the actor. It brought much to the then fledgling Theatre Company and far more through the years. Having bright young talent in our midst has kept us young and connected to why we began our own journeys in this profession. The impact the alumni have had on the world of and beyond Denver is impressive; I’m blessed to have known so many of them.
From the outside this feels like a drastic step. But in the post 911 years I’ve watched the adjustments made to production budgets, the job cuts and their duties consolidated in an effort to keep the Conservatory alive within a difficult economic climate. Though I cannot explain their decision, I am certain that the “Powers That Be” within the DCPA considered the options carefully before slashing this jewel. Like many have noted and all of us hope, perhaps with the National Charter, it may find rebirth.
As a Realtor in this market, I know that change is constant and things in the Denver theatre community have changed. Under the vision of Artistic Director Kent Thompson a new nurturance of artistic talent is taking place at the DCTC as the New Play Summit bears witness. I am not sure it’s fair to say that the future of the American Theatre is enriched more by investing in acting talent than in writing talent, for the nurturance of artistic voice and vision further our society regardless of the medium. God knows I’m not in favor of closing the NTC, but let’s not take our eyes off of the good that IS happening here. A fearless and risky commitment to the development of new plays is nothing to sniff at. In fact, finding new stories and discovering new ways to tell them is surely the best way to ensure the health of the theatre and the employment of all of its artists.
For years I heard an endless drone of white noise grousing about how the Denver Center was hermetically sealed to local talent, but that too has changed. Through the efforts of Mr. Thompson, Bruce Sevy and former DCTC casting director Sylvia Gregory among others, many talented Denver actors have been seen in plays and employed by the Center in the past few years. A great deal more interest has been paid to our talent pool and I believe that we’ll see more.
So rather than seeing only loss and feeling anger, perhaps we should stay focused on the gifts we’ve been given and the rebirth ahead; for Renye, and for the NTC. And if you hear of my untimely demise via Facebook, keep the wise cracks to a minimum. Or better yet, keep ‘em comin’.
Regarding the nudity, or lack of it, in the Aurora Fox’s production of “The Graduate”, John Moore’s mention of it in the Sunday Denver Post and the current dialogue… The decision about the nudity was made before I signed on to do the show. I was aware that the script called for it when I auditioned and as a professional actress and playwright, I would have bucked up (or should I say ‘buffed up’?) and done it. Frankly, I am not a fan of alterations to theatre (that’s for you John) scripts, and I’m not sure of a playwright who is. I find additions, subtractions and ‘improvements’ to plays by other theatre artists disrespectful at the least, hubris if I’m being dramatic. As an actress/playwright I must remember which hat is on my head to avoid conflict, though we writers actually have unions and guilds to prevent these decisions from being made and recourse for them when they are. But that’s a discussion for another column, another blog.
Basically, disregarding the author’s intent is equal to the actor not honoring the director’s directorial notes, or the costume designer blowing off the agreed upon color palette, you get the idea. It says that you may have your job, but I know better. What if, for example, playing Mrs. Robinson I chose to take the same liberty and come out one evening stark naked? The hierarchy of theatre has always been skewed. We claim to serve the play and mouth that the playwright is king or queen, then make changes as suits our needs. Happens in film, happens in TV… where there’s a writer, there’s an editor. The line of demarcation here is in intent. Does deleting the stage direction of her nudity alter the action of the scene or the impact on the characters? Does it make my Mrs. Robinson more or less seductive, powerful or desperate? I don’t think so. Would it be more shocking and intimate if I were standing naked in front of Jack Wefso as my Benjamin? Yes. But the real vulnerability would have happened between us, in rehearsal, long before the audience filed in. I’m sure there are many theaters in Aurora and in Glendale for that matter, where the nudity of the woman on stage would be critical to the quality of the show. I don’t think that would apply in this case. Theatre ethics and theatrical risk aside, the real and most important question here is this: would the show receive more stars if I showed my tits?