Month: March 2021

Colorado Springs Real Estate MLS Market Stats – February 2021

The Colorado Springs MLS trends data for February 2021 is out. Comparing year over year (February 2020 to February 2021) is better than comparing the previous month, because we have defined seasonality trends. No surprise; it was a spectacular time for the sellers! Listen to the podcast to hear Jenny review the data and give the high level overview.

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2021 Colorado Springs Real Estate Investing Guide

The goal of this podcast is to be a quick start guide to Colorado Springs real estate investing. It should help new investors learn the market and help existing investors stay up to date. Jenny Bayless leads this review and is our Colorado Springs expert. Listen to the podcast to find out why Colorado Springs rental property prices are going up.

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2021 Denver Real Estate Investing Guide

Are you interested in building a Denver rental portfolio but not sure where to start? Then… Start here! This podcast is a quick start guide to Denver real estate investing. It should help new investors learn the Denver market and help existing investors stay up to date. Listen to the podcast to hear Chris dive into market stats and recent developments. There’s a lot of value in this one!

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Denver Real Estate Trends – February 2021 + New Lending Guidelines

The Denver MLS trends data for February 2021 is out. Comparing year over year (Feburary 2020 to February 2021) is better than comparing the previous month, because we have defined seasonality trends. The only market in Colorado that is a buyers’ market right now is downtown condos, with multiple properties over 100 days on market. When baseball, sports and restaurants pick back up, will that market also pick up? 30-year mortgage rate topped 3% for the first time since July. Listen to the podcast to hear all the stats for the February Denver market.

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Interview with Colorado Springs Property Manager Rob Lynde

Rob Lynde is an active real estate investor who together with his wife, Renee, in 2007 started a property management company in Colorado Springs called MileStone Real Estate Services.

In this episode, Rob discusses property management in Colorado Springs. Hear what he has to say regarding questions such as: how screening is conducted and why it is important, his philosophy on rent increases, multi vs single family management, what types of upgrades will tenants pay a premium for, and much more!

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Interview with Colorado Springs Insurance Agent Bill McIntosh

Bill McIntosh and his wife Kathy started their own insurance company called Complete Protection Insurance to serve Colorado’s insurance needs.

Listen to this episode to hear Bill discuss a myriad of insurance topics such as insurance issues unique to Colorado Springs, actual cost vs. replacement value, condo/townhome/single family/4 plex considerations, special HOA insurance topics, umbrella policies, and what happens if your cat accidentally floods your home (true story)!

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ADU Build Out in Unincorporated Adams County

Investor couple Chantal and Tyler join our resident ADU expert and agent Stacy Rozansky in this episode to talk about a Denver ADU property they purchased in 2017. This property is located near Regis University just North of Denver in the Chaffee Park neighborhood but on the Adams County side. The property had unique characteristics like a full kitchen in the basement and an old garage/barn structure at the back of the property. Listen to the podcast to find out what advice this investor couple has for Denver buyers looking for ADU properties.

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Deal Analysis – House Hack in Denver for Under $200K

Our client in this Deal Analysis was looking to start a rental portfolio and wanted to take advantage of the house hack strategy. He wanted a place under $200k to start, preferably in the Denver metro area.

Check out this episode to find out how he used the Colorado Fair Housing Act (CHFA) Down Payment Assistance (DPA) program to realize his dream of home ownership in Denver. This deal shows it’s possible to get into the Denver market without a lot of cash.

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Deal Analysis – Colorado Springs Turnkey Single Family Home

This deal analysis looks at a turnkey single family home in Northeast Colorado Springs. The client was able to exchange an out of state property that consistently gave him headaches (evictions and things breaking down) and was able to utilize the gain he realized on the value of that property and 1031 exchanged it into a 3 year old, tenanted (with highly qualified tenants) property in a growing section of town. Listen to the podcast to find out how this investor made the move to a stable, cash flowing asset.

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