Fisher Friday Flyer – July 22 2016,
Are you ready? Benjamin Franklin said “By failing to prepare, you are preparing to fail” and he’s right. Many of you know I have an 8 year old son and 6 year old daughter and they are awesome! They can also be a handful! Our biggest issue at this age is getting them prepared! I have to set them up for success by preparing them for what’s coming next!
When you’re buying a property you need to be prepared! Do you have your financing in place? Contractor ready? Plans in place? Do you do the same thing every time? In this market, you’ve got to be ready or you’ll miss the next deal! Don’t let the next deal slide by! I get to many calls from people that say they want a deal, but when I send it to them they aren’t ready!
Invest Success Going Away Party for Justin Walker
Come celebrate our coach, mentor and friend! Justin is moving to Minnesota with his family next week. We’ll be at The Hornet on from 5:30-7:30 on Monday July 25, 2016. We’ll have some beer and light appetizers.
The Hornet is located at 76 Broadway, Denver.
Please see the John Fisher Breakfast Club meetup page to RSVP. https://www.meetup.com/John-Fishers-Breakfast-Club-for-the-Real-Estate-Investor/events/232648489/
For your reading pleasure
Want to be a contractor?
What is the most pressing question at every Breakfast Club? Where do I find a contractor?
Well, check out this article. The state of Colorado and Associations of General Contractors have joined together to try and fill 30,000 jobs that are needed in the next 7 years. They partnered with Emily Griffith Technical College in Denver to offer a free program. Are you thinking what I’m thinking? I may take the class or just wait outside and hire a couple of these people! www.denverpost.com/2016/07/20/new-construction-training-program-launched-to-meet-growing-need/
Is the market slowing down?
Those of you who were at the ICOR meeting heard Lon Welsh tell what was going on with the market, and he had charts and graphs to show you. Well, yes the market is slowing down just like last year. But don’t panic! It just feels like a big slowdown because of how hot our market was this spring. Take a look at Lon’s blog from Your Castle Real Estate. http://yourcastle.org/showing-traffic/
MORTGAGE RATE UPDATE
The latest Mortgage Rates: 30 Year fixed at 3.33% and 5/1 ARMS at 2.71%. Expect investor (non-owner occ) rates to run about ½ point higher on non-owner occ loans. (These are AOL/Zillow.com reported average rates as of Thursday) The 30 year fixed rate raised .5% while the 5/1 arm went down slightly. Still amazing what you can get money at!
REAL ESTATE WEATHER REPORT
Slowing down? Settling down? If you look at the stats from last year you’ll see this is normal. Just read Lon Welsh’s article or attend his trends class! His insight is amazing.
These numbers come from REColorado and are for their whole listing area.
New Listing – 1491 (1689 Last week)
Under Contract – 1793 (1867 last week)
Sold – 1497 (1409 last week)
Earn a Referral Fee!!!
Our Invest Success Mentorship Program is ongoing and we are signing up more students. We will pay a $500 referral fee to any one who introduces a new student to our program. Tell your friends. We offer LOCAL webinars, house tours, and small, personalized classes as well as hands-on on-site experience. You will learn where and how to look for deals! Oh, and our flagship program requires you to REHAB A HOUSE! You’ll have our ear for a year! Amp up your business with custom systems and procedures. Go to our website for more information. Better yet, call us. Nothing ventured, nothing gained!
Call us with tips, rumors, conjectures, deals, and cold cases (we’re thirsty!). If you’re not on our list and want to be, LET US KNOW. Write, Text, Tweet, Facebook (the verb), E-mail, drop by. Next Breakfast Club is Aug. 13, 2016 at Poppies. We start at 7:00am. Bring a friend or family member!
INVENTORY: Inventory flows: CHECK ‘EM OUT!!! More coming soon!!! NOTE: if you don’t reach us with a phone call (303 338-8000), text us at 303-517-9197.
4750 South Mariposa Drive, Englewood, CO 80110 3 beds, 3 baths. 2 car tandem garage. Buy for $335K!
5061 South Fox Street, Englewood, CO 80110 2 beds, 2 baths. With sun room! Yours for $265K!
519 North Corona Street, Denver, CO 80218 4 beds, 2 baths. 2 car detached garage. Buy for $455K!
8587 Apache Plume Drive, Parker, CO 80134 3 beds, 2 baths. 2 car attached garage. Buy for $255K!
1635 West Florida Avenue, Denver, CO 80223 2 beds, 2 baths. Brick house near Ruby Hill Park. Buy for $245K!
880 West 8th Avenue Dr, Broomfield, CO 80020 3 beds, 2 baths. 2 car attached garage. Buy for $305K!
4590 South Inca Street, Englewood, CO 80110 3 beds, 2 baths. 1 car attached garage. Buy for $340K!
11472 Donley Drive, Parker, CO 80138 2 beds, 2 baths. 1 car attached garage. Yours for $245K!
780 Nickel Street, Broomfield, CO 80020 3 beds, 2 baths. 2 car attached garage. Buy for $267K!
1582 Lowell Blvd, Denver, CO 80204 2 beds, 1 bath. Buy for $402K!
1639 Yosemite Street, Denver, CO 80220 2 beds, 1 bath. 2 car detached garage used as shop. Yours for $195K!
9063 Bermuda Run Circle, Highlands Ranch, CO 80130 3 beds, 2 baths. 2 car attached garage. Buy for $287K!
15423 East 13th Avenue, #305, Aurora, CO 80011 2 beds, 1 bath condo. Buy for only $87.5K!
3147 West Walsh Place, Denver, CO 80219 2 beds, 1 bath. Corner lot. Yours for $195K!
1217 South Pennsylvania Street, Denver, CO 80210 3 beds, 2 baths. Buy for $335K!
9981 Bluegrass Street, Firestone, CO 80504 3 beds, 2 baths. 3 car attached garage. Buy for $375K!
See you on Monday,
QUOTE OF THE WEEK: “One important key to success is self-confidence. An important key to self-confidence is preparation” – Arthur Ashe