Month: February 2021

Deal Analysis – Colorado Springs Newly Renovated Duplex

This deal analysis is for a newly renovated duplex near Ft Carson. The investor buyer used the proceeds from a cash out refinance on rental properties that she had bought a few years ago to take advantage of the significantly low interest rates and equity growth on those properties. As a result, she wanted to redeploy the cash out proceeds into additional rental property. Listen to the episode to find out how she was able to get almost a 6 cap on a property that she didn’t have to put earned income into, rather was able to leverage equity from existing properties to redeploy.

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Colorado Springs Real Estate Trends – January 2021

The Colorado Springs MLS trends data for January 2021 is out. Comparing year over year (January 2020 to January 2021) is better than comparing the previous month, because we have defined seasonality trends. The charts reflect the crazy level of activity in the Colorado Springs market. As with Denver, it’s very much in the favor of the seller. If you are interested in walking through an equity analysis to see if selling your Colorado Springs property is the best way to reposition your equity, reach out to us.

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Denver Real Estate MLS Market Stats – January 2021

The Denver MLS trends data for January 2021 is out. Comparing year over year (January 2020 to January 2021) is better than comparing the previous month, because we have defined seasonality trends. This episode gives a few highlights if you’re wondering “how is the market?” Sneak peek…don’t expect distress sales to bring any meaningful amount of inventory to the market. Listen to the podcast to find out how off the charts the showing trends are for January.

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Rental Property Metrics Paralysis

It is important to have guidelines and parameters on which to base your investment decisions. However, be careful not to analyze yourself out of a good investment. Cap Rates and Purchase Price are important metrics, but keep in mind that the guidelines and/or metrics you choose to focus on could cause you to lose out on good deals if you don’t look at the deal from a multitude of different angles.

This episode highlights a few hang-ups investors face and why narrowly focusing on a single metric could end up causing thousands in opportunity costs.

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Deal Analysis – Colorado Springs Turnkey Townhome

This deal analysis looks at a new build, turnkey townhome rental property located in the Security-Widefield area of Colorado Springs that closed Q1 2021. The investor typically likes to BRRRR, but this was a good opportunity for an easy win since it was new build and turnkey. The expected performance was so good the agent decided to buy a unit for herself as well! Listen to the episode to hear how the expected returns were calculated.

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House Hack Mastermind #5

Join us in this fifth episode in our podcast series tailored towards both active and interested house hackers in the Denver Metro Market. Our guest, Andrew Lloyd, joins Chris, Jeff, and Ben in the new and improved Envision Advisors recording studio where we discuss a variety of topics including FHA vs. Conventional appraisal requirements. Check it out to hear Andrew walk us through his experience to date with house hack #1.

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