Justin and Sonya’s Story Yes, Denver’s real estate market is hot. More than 7,000 homes sold in the Denver metro area in July; that’s 21% more than the same time last year. And yes, homes can be expensive here. The average sold price of a single-family home in July was nearly $540,000…a 9% increase over […]
Category Archives: Investing
Buying an Investment Property: Five Important Steps
Whether you’re retired or just starting out, having multiple streams of income is a wise strategy. It can offer protection against career surprises, stock market fluctuations, and other uncertainties. Real estate’s long-term return on investment makes it particularly attractive. According to the Denver Metro Association of REALTORS®, the average sold price of detached single-family homes […]
Let’s Talk About Fix-and-Hold Properties: Part 1
If you’ve watched HGTV or similar channels for any length of time, you’ve seen lots of programs devoted to “fix-and-flip” properties. Today I want to introduce you to the idea of a “fix-and-hold” property. How is a Fix-and-Hold Property Different from a Flip? Both fix-and-hold and fix-and-flip properties have this in common: you won’t be […]
Tips for Millennial Real Estate Investors
There’s no doubt about it: investing in real estate can be fruitful. Many people find it attractive because it’s typically less volatile than the stock market while still providing strong growth over time. Now, after years in the workforce, more Millennials are taking the leap. (“Millennials” is the name given to the generation born between […]
A Great New Resource for Your Fix and Flip
It’s safe to say we Americans are slightly obsessed with the concept of the fix and flip house. Just take a quick glance at the lineup of shows on HGTV and DIY. You’ll see House Hunters Renovation, Rehab Addict, and Flip or Flop. My favorite is Fixer Upper, with the impossibly cute duo of Joanna and Chip Gaines. How […]