House Hack Mastermind #1

We just kicked off a new series of podcasts tailored towards Denver investors interested in house hacking. The idea behind this series is chatting with local investors that are either on their first house hack, in the process of closing on their first house hack, or currently working with our team in search of their first house hack. This is the first in our series.

Denver Real Estate MLS Market Stats – July 2020

The Denver MLS trends data for July 2020 is out. Comparing year over year (July 2019 to July 2020) is better than comparing the previous month, because we have defined seasonality trends. The seemingly dramatic price jump in the average price for Denver Single Family to just over $600,000 is a bit misleading. Read the blog post to find out why.

Lon Welsh, founder of Your Castle, also recently provided a summary of Long Term Real Estate Trends and COVID Impact in Denver and a Denver Apartment Market Trends – Q3 2020 report. Check them out for valuable data on the Denver real estate market. Links in show notes.

Long Term Real Estate Trends and COVID Impact in Denver

This post is from an email that Lon Welsh, founder of Your Castle, sent out. He spent four hours on a webinar hosted by the CO RE Journal for land development. Here’s the email: ———– Start Lon’s Notes ———— It’s hard to predict how COVID will impact inbound /outbound migration to CO; there are good […]

Denver Apartment Market Trends – Q3 2020

This post are notes from Lon Welsh, founder of Your Castle took during a four hour webinar hosted by the CO RE Journal to discuss the trends for the apartment market. Big Takeaways Pace of new apartment permits has been slowing since 2016/17 Pace of completed apartments peaked in late 2017 and also declining Increases […]

Deal Analysis – Colorado Springs House Hack Near Downtown

This deal highlight shows a House Hack opportunity on the MLS.  This property is centrally located, very close to downtown Colorado Springs.  It also already has a kitchenette and second entrance, lending itself to being an easy conversion to a second living space.  Further, it is zoned appropriately at R-4 (meaning multi-family units are authorized) to allow for a 2-family set-up.

Deal Analysis – Colorado Springs BRRRR Property

This deal analysis breaks down how intermediate investors purchased a wholesale single family home to build their real estate investment portfolio for retirement and were able to leverage the Buy-Renovate-Rent-Refinance-Repeat (BRRRR) method in order to expedite their ability to scale and acquire more rental properties.

State of the Market: Colorado Springs Q3 2020

In the last 12 months, Colorado Springs homes and condos both appreciated at 7%. While appreciation has slowed a bit, Denver Metro prices are at half this growth rate. Colorado Springs is a stronger seller’s market than Denver regarding appreciation rates. Home inventory is up while condo inventory is down.