#611: Denver Rentals Are Getting Squeezed. Here's the Exit Strategy.

After 20 years of buying and holding on the Front Range, the numbers finally said it was time to move. That moment of reckoning is exactly what this episode is about — and for anyone rethinking their Denver real estate portfolio strategy in 2026, it’s one of the most honest conversations we’ve had on this show. Adam Haman sat on an underperforming Aurora duplex longer than he should have, watched the ARM reset and the rents slide, and finally made the call. What came next is where it gets interesting.

Chris Lopez sits down with Adam Haman, a Denver-based real estate broker at Your Castle Real Estate and longtime Front Range investor. Adam manages his family’s portfolio alongside his brothers and sister, and has built his holdings from a single duplex purchase in his mid-20s to a mix of duplexes, townhomes, and a full 13-building fourplex development in Colorado Springs — all built to rent.

This episode is a real-time case study in portfolio rebalancing. Adam recently sold a problem duplex in Aurora after an ARM reset pushed his rate from 4.5% to 6.5% while Aurora rents dropped from roughly $2,200 per side to $1,800 — and staying full got harder. He walks through how he priced it, the lowball offers he received, and why he took a number that was lower than he’d hoped. At the same time, he’s doing a DSCR cash-out refi on a Greeley duplex he loves — locking a 30-year fixed at 6.5% and pulling out roughly $200,000 to redeploy into higher-yield income opportunities.

• Why an ARM adjustment and softening rents turned a cash-flowing Aurora duplex into a break-even liability
• How Adam priced, listed, and ultimately sold the property — and what the buyer’s DSCR loan had to do with the final number
• Where Adam sees buy-side opportunities right now, including Athmar Park and why he’s watching the Burnham Yards development
• Why he’s making disrespectful offers on investment properties — and how to do it in a way sellers actually respond to
• The Greeley duplex DSCR refi breakdown: 30-year fixed, $200K out, and why the spread into Dynamo Capital makes sense
• How a $6,500 earnest money deposit in 2018 eventually led to ownership of an entire Colorado Springs fourplex complex
• Why Adam is seriously looking at new construction duplexes in Texas — with builder rate buydowns under 4% and projected $600/month cash flow
• Colorado legislation, rental licenses, and what rising compliance costs mean for small landlords

• Adam Haman — Your Castle Real Estate
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• Dynamo Capital Fund