Bess Tracy is a Colorado and California realtor; real estate investor; house flipper; interior designer; business owner; developer; and Colorado native. She started the F.I.R.E. Yourself Meetup Group after attending a book club about investing in real estate and realizing there was a lack of education and information readily available for Millennials to prepare for F.I.R.E. (Financial Independence – Retire early).
Bess’s passion to start this group came from her own desire to create financial independence. When she realized how attainable it can be with a little education and some effort, she decided to start a monthly event to help others, offering keynotes and networking with seasoned investors, financial advisors, accountants, and authors of related books.
Soon after, Chris Ferone joined Bess Tracy and they decided to partner on the F.I.R.E events after realizing a strong mutual interest in the philosophy. Chris Ferone is a Colorado Realtor; real estate investor, landlord, property manager, and 23 year Colorado Resident. He began a significant interest in the F.I.R.E. movement after absorbing numerous BiggerPockets and ChooseFI podcasts. Chris grew up learning the value of a dollar, saving for a rainy day, investing, and now lives a rather minimalist lifestyle in pursuit of FI.
Join us on April 17th, 2019 as we have a casual F.I.R.E panel conversation with our Team Lead, Vivi Gloriod. Join the conversation as we discuss...
What factors contribute to housing decisions? While prices continue to stay red hot and “bubble” paranoia is gaining steam, it’s important to remember many factors contribute to housing conditions. Denver is an incredibly strong position, but the answer lies in what is happening with the local economy. Barring a catastrophic event or some other travesty, Denver is trending towards another strong growth year.
What causes property values to increase? The top driving force for an increase in property values is a lack of inventory. Denver is in the strongest economy I have witnessed in my lifetime. Home prices are increasing each year, but our inventory is not. The result is a catch 22; people are not able to find homes to upgrade into and therefore are not selling their existing homes.
What does the Denver real estate inventory look like right now? At the beginning of May, there were roughly 1500 active single family homes for sale. In a metro area of 3 million, this isn’t even close to what we need for a healthy, balanced market. Back in 2007, we had a peak of 31,000 homes hit the market; yet by November of 2010 Denver hit rock bottom.
What does the future of Denver Real Estate look like? To see the future you have to understand the past. Personally, I watch leading economic indicators such as immigration, interest rates, unemployment rates, population growth or loss, and average days on market for listings. We will cover this data in detail!
Vivi Gloriod began her real estate career in 1996, taking a summer job with a builder who had sold 12 houses in 2 1/2 years. Vivi sold 13 houses in two months! The builder convinced Vivi to join him full time, and she continued her college education at night. She graduated with a degree in business emphasizing marketing in 2000, along with a minor in math. Vivi recognized the value of investing in real estate early on; purchasing her first property in 1998 and continuing to this day adding investment property to her portfolio. Vivi has helped countless clients in Colorado with the same goals, both buying and selling real estate. She has been recognized as a top producing agent by the Denver Business Journal and the Denver Metro Realtors Association and has top tier ratings on several Internet-based real estate sites.|
DENVERNOMICS For our October event, we got the pleasure of hearing from Vivi Gloriod from Team vivi Real Estate! Vivi answered different questions about Denver Real Estate, including: What factors contribute to housing decisions? What causes property values to increase? What does the Denver real estate inventory look like right now? What does the future of Denver Real Estate look like? You can find the entire video here.
EXPERT PANEL For our August event, we heard from an expert panel of real estate professionals! Robin Behrstock and Tim Walker, two experienced rental property investors; Sean Stewart, a master real estate accountant and; and Maria Timofeeva, a practicing real estate attorney. They engaged the audience and answered questions regarding topics such as "how to build a portfolio with multiple investments to provide passive income". They also talked about the process to legally and efficiently set up your rental property investments as a business that protects you.
JOHN BROKKEN For our May event we heard from the amazing John Brokken, a philanthropic entrepreneur, an avid real estate rental property investor who also does several fix and flips. He is a highly sought-after speaker for bringing education to high schools around the greater Denver area teaching teens to invest and inspiring them to become what they want to be in life and create wealth at the same time.
JORDAN YOUNGBLADE For our April event we got the pleasure of hearing from Jordan Youngblade who is a money mindset coach and spoke to us about how to have a great mindset when thinking about money and what we do with what we have and how to capitalize on it when you're looking to build out your financial portfolio for long-term success. Jordan is extremely helpful for especially the us millennials all trying to learn how to manage our money and save for retirement! Something many of us have yet to start. To set up a coaching consultation with Jordan visit her website!
SCOTT TRENCH For our March event we had the immense pleasure of hearing from Scott Trench, who runs the Bigger Pockets podcast and is the author of ‘Set For Life’. He is 28 and already owned several investment properties here in Denver, all of which he acquired by working a normal 9-5 like everyone else and now all he does is write blogs all day, works out, drinks craft beer and travels. He’s absolutely brilliant and did a great job! To get his book and learn the powerful formula and value of investing in your future order here!
Where: Team Vivi Real Estate Agency
Address: 720 6th AveDenver, CO 80204
When to Meet: 02.12.2019 at 6PM
Contact: Bess Tracy - Bess@Teamvivi.com - 970.531.1757 Chris Ferone - Ferone@Teamvivi.com - 303.475.4656