OK. You saw a documentary… What did you learn? You expect to learn from a documentary. What about a movie? A video game? OK, EDUTAINMENT is a hybrid word, creeping into our vocabulary (albeit not authorized…yet). Is it education that entertains or entertainment that educates? Who makes that call? Where’s the all-knowing Edutainment Yoda Master? Oh, not there. Watching stuff like movies and videos is passive. For most of us, we’ve been “doing it” all of our lives; it just comes naturally. My adult kids still point out iPhone tips, apps, and websites that can “make” me more “productive.”
Here are some scary stats regarding electronic media, smart phone, TV, internet usage, etc. This data is from early 2014 so it’s old; if anything, we’re spending more time on internet (2014 average adult spent just over 5 hours on internet AND 4.5 hours on TV!!!); here’s the stats from mashable.com on the average time American adults 18+ spent with electronic media in Q42013 in hours:minutes:
- Live TV 5:04
- Radio 2:46
- Smartphone: 1:07
- PC Internet: 1:01
- Recorded TV 0:32
I find this information disturbing! 9-11 hours/day with an electronic device? Meet my best friend! What are we learning? Or is it more entertainment? Or is it passing time? Or is it wasting time? Or is it losing social skills? Most popular games: Planetside (huh?), Dota, Tribes, Path of Exile, League of Legends rounds out the top 5. I can honestly say I have NEVER heard of any of these games. Am I just too old? Don’t answer that! I know I am a “boomer” and our generation is starting to decline in number.
HUD STEALS for you investors who are looking for out-of-state deals (this is just a sample of potential bargains available; click on link for more information; all at investor status; “IE” means FHA-lender repairs are under $5K, “IN” means insurable, OK, for FHA loan as is);who says there are no bargains out there? These HUDs may “go” quickly:
- Wynne, AR 3/1 for $4.5K
- Lawton, OK 3/1.5/1A for $10.1K
- Mansfield, OH 3/1 for $9.9K
- Carroll, NE 3/1.5 for $16K (IE)
- Glidden, WI 3/1/1 for $15K (IE)
- Denver Metro
- SF Metro
- San Jose
- Dallas Metro
- Boston Metro
- Santa Cruz
- Santa Rosa
- Ann Arbor
- Detroit Metro
- San Diego Metro
- Sacramento Metro
- LA Metro
- Austin Metro
- Manchester NH Metro
- Columbus, OH
- Stockton Metro
How much will that home renovation cost you? Landscape, kitchen, electrical…23 items!
- You won’t get offers (but your neighbors might)
- You lose credibility
- Not everyone likes to play “Let’s Make a Deal”
- You’re turning people into “yes men”
- You squander the early days
- Your house gets stale
- People won’t even see your listing
- The house won’t appraise at the high price
The latest Mortgage Rates: 30 Year fixed at 3.87% and 5/1 ARMS at 2.88%. 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)
REAL ESTATE WEATHER REPORT
Wow, how does it feel to be number 1 as hottest real estate city in USA? Denver Metro was also #1 for April. What does that mean? Prices climb, demand is high, creativity is rewarded. Many homeowners are “cashing out” on their houses; will prices continue to rise? Maybe. I am hearing more and more that if you plan to sell, sell now. It’s a great time of the year, too. I have a sneaky suspicion our market will soften in Fall and Winter, but not much, and not noticeably as we may revert to prices of April or May when our market was still “hot.” Hey, Summer hits us Sunday. Maybe we’ll dry out….
BOOK IT! June 27, Saturday, Bulletproof Your Rentals, all day workshop on saving you time and money with your rentals. Over 100 tips! Registration/info HERE.
Coming July 18: Out of State Investing. Registration/info HERE. This sold out last January. We’ll provide lots of demographic sources and help you with a system or two. Bonus handout will be HOW TO VIDEO A PROPERTY IN 3 MINUTES.
We’re looking for people looking for us! Our Invest Success Mentorship Program is ongoing. 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!). Our next Breakfast Club is July 11. If you’re not on our list and want to be, LET US KNOW. Write, Text, Tweet, Facebook (the verb), E-mail, drop by. Thank you for helping us help you!
INVENTORY: Inventory flows & goes: CHECK ‘EM OUT!!! More coming soon!!! NOTE: if you don’t reach us with a phone call (303 338-8000), text us at 303 564-1680.
2379 Ivanhoe St, Denver. 3 beds, 1 bath, 1 car garage. Park Hill. Buy for $405K.
4975 Clay St, Denver. 3 beds, 1 bath, 2 car garage.Lots of potential. Buy for $234K.
4140 W Floyd Ave, Denver. 3 beds, 1 bath, 1 car garage. SW Denver. Buy for $265K.
13255 E Bethany Place, Aurora. 3 beds, 3 baths (!), 2 car detached. Buy for $175K.
219 W 5th Ave, Denver. 4 beds, 1 bath, 2 car detached. Buy for $356K!
6205 W Exposition Ave, Lakewood. 3 beds and 3 baths. Buy for $202K.
330 Collyer St, Longmont. 3 beds and 1 bath for $255K.
350 S Parfet St, Lakewood. NICE. 5 bedrooms, 5 baths, 2 car detached garage. Yours for $347K (Price reduced by seller).
6553 Big Horn Trail, Littleton. 5 beds, 4 baths, 2 car garage on ¼ acre. Roxborough! Buy for $440K.
7058 S Chapparal Cir West, Centennial. Buy this 4 bedroom, 4.5 bath, 4-car garage “mansion” for $540K. Great numbers. Great location on over 1 acre close to DTC! It’s luxurious, captivating, impeccable….
QUOTE OF THE WEEK: Anyone who tries to make a distinction between education and entertainment doesn’t know the first thing about either. ~Marshall McLuhan