Early money is not always smart money but smart money is usually early money!

What’s this, another report of a new project in Denver? One week after the announcement of The Gaylord Resort and Convention Center to be built in Aurora, Penny Parker reports in the DENVER POST that another project is slated for development. An announcement like this every week would show a ton of faith in Denver’s future.

Parker reports, at the corner of I-25 and Hamden, D.H.Friedman will build a retail project and another builder will develop 350 apartment units on the north side.

Although this is nowhere near the size and scope of the DIA /Gaylord project, these types’ of developments start the inflow of money, jobs and new businesses into the community.

Is this early or smart money? Probably both, but the most important thing is the money is flowing the right direction!

Great Job Aurora!

If you are getting tired of the depressing numbers you read lately.
Check out these figures!

$800 million = Western-style convention hotel

$300 million = an incentive package

1,500 = rooms

400,000 = square feet of exhibition and conference space

1,900 = construction jobs

1,800 = permanent, on-site jobs

3,200 = direct and indirect jobs.

$5-billion = impact over 30 years.

Add these numbers up and what do you get? 

The Gaylord Resort and Convention Center

For those of us who have lived through the peaks and valleys of the Denver economy, this may bring a smile to your faces. Remember all the excitement of building DIA, getting the Rockies baseball team and building a new stadium. How about the convention center?

Great Job Aurora!

Insurance Savings

Re-Examine Auto Coverage .

This short article from the WSJ about re-examining ones auto insurance reminded me of my reviewing all of my insurance policies earlier this year. The article states that we need to make sure we have the proper policies and not overpay for unneeded coverage.


I have been telling all my clients and customers that they should shop their insurance business every year to make sure that they are getting the best deals and the coverage they need. After all, lower expenses increases value!

But… or more like Butt... I have not been following my own advice. For several years I have listened to my friendly insurance agent assure me that I am getting the best deal compared to what is available from his competitors.

This year I actually followed my own advice and was surprised to see the needed policy changes and how much I was leaving on the table. Buy shopping around switching from one company to another, I saved over $400 annually and ended up with better and more coverage. I achieved this by switching my homeowners, mountain rental and an umbrella policy. I also switched a couple of cars where the savings were minimal but doing so helped with the total cost savings.

I have another out state rental and 2-3 motorcycles coming up for renewal, I have already looked into these and have found similar savings.

Getting off my BUTT and listening to my own advice turns out to be the right thing to do!

If you want more details, give a call.

New Web Site

http://www.keithabees.com/



The new web site is up and (obviously) the old blog is here.

Thanks Steve and Josh at Hot Listings, http://hot-listings.info/ for making what had become an ugly transition much smoother and easier. I was struggling for a year to convert from the old platform before deciding to just start over.

Since we are starting from scratch, this means the site is bare bones right now but will be updated as we go forward. I hope to continually update with valuable info for small income property and commercial investors, as well as being able to help with all your residential real estate related needs.


We were able to get the special TAX APPEAL comparable sale section up in time to help with 2-4 unit tax appeals. I wish you all good luck in getting your assessment lowered.


All the investor help from the old site is still available; searches, comparable sales lists, CMA, 1031 information, eviction help, market trend info, buyer and seller help, etc. Although not all is currently available on line, I am always available to help. Feel free to contact me with any questions!

As we are processing the info to upload to the new site, please let me know what would be valuable to you. I am open to all suggestions.


Let’s have a great summer.