Commercial Investment Properties - Redevelopment

Many people have been seduced by the promise of getting rich as a real estate investor or speculator. Colorado is frequently the subject of seminars selling this idea.

Durfee West P.C. of Denver, Colorado has counseled many individuals and investor groups who pursued real estate as a get-rich scheme and soon found there were legal issues at every turn that they could not resolve by themselves. In law, an ounce of prevention is worth a pound of cure. Avoiding difficult title issues, contract traps, or other pitfalls is far less costly than trying to resolve them after the fact. Call Durfee West P.C. before you sign a foreclosure rescue agreement, a lease/option, a "land trust" scheme, or the like.

Amy Durfee West has 25 years of experience practicing law and focusing on commercial real estate in Colorado. Her firm assists both new investors and seasoned real estate developers with critical legal services, such as legal analysis of a property's status, zoning changes, and drafting or reviewing contracts with sellers, buyers and contractors.

"People are being told that this is easy, and anyone can do it. Well, if something sounds too good to be true, then it isn't," says Ms. Durfee West. "They think they can get rich and be real estate moguls by themselves, with no effort. In reality, making money in real estate is about adding value. If you don't know what you're buying, or what you're getting into, you are almost sure to make costly mistakes."

The ones who succeed, she says, are people who realize that they need the help of professionals -- such as a Colorado real estate development lawyer -- who can recommend and coordinate with surveyors, engineers, consultants, a title company and other real estate specialists. She says, "If you want to save money, don't buy the books and packages of forms. Spend it on putting together a team of experts who can really help you."

Durfee West P.C. serves clients in Denver, Colorado, surrounding areas such as Boulder, Fort Collins, Colorado Springs and Greeley, and throughout the state. In addition to development and investment real estate services, the firm also provides commercial leasing services and business formation and planning.

Ms. Durfee West can help structure investment entities to allow developers to bring in private investors to make the project successful. "You can't do it without capital. 'Nothing down' just isn't true," she says. "But if you realize the value of putting together a team of competent professionals, and if you compensate investors appropriately, it can be done."

Contact an experienced Colorado real estate development lawyer for help with your investment property, development or redevelopment project, including incorporating your investment group.