Fisher Friday Flyer – March 4th, 2016
When it comes down to it, which one do you prefer? Are you the one that digs in the heals and gets ready for a rodeo or are you the one who turns and tucks tail? Do you take trouble head on or dodge it consistently? Where can we relate to this in our businesses? How does that affect our character and even who people perceive us to be (because after all perception is reality)? If we’re in “fight” mode, is it out of anger and aggression or controlled consideration? When we’re in flight mode – is it to avoid consequences or necessary conflict? They are both options, but typically one will leave you better and more prepared for the next time around.
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 OK for FHA loan as is);these HUDs may “go” quickly):
- Kansas City, MO 3/1.5 for $15k
- Milwaukee, WI 3/1.5 for $52K (IE)
- Akron, OH 3/1 for $8k (IE) Oh, the beautiful barn red!
- Kansas City, MO 3/1 for $22.5k (IE)
FOR YOUR READING PLEASURE
We’re #1! We’re #1! According to US News and World Report Denver is the #1 place to live in the country. Not sure if this is good news or bad news for those of us already here. I suspect it won’t help to level out our current real estate market. But, we can look at this as trend setters – we already knew Denver was the #1 place to live, right? What’s so great about our city? The study factored in desirability, value, job market, quality of life, and net migration. Our “little brother” to the south got #5.
Where will it end? Life consistently getting more complicated in order to make it simpler… I feel there’s a lesson there somewhere. Nevertheless, tech is up and coming in the real estate world in the form of home automation. Are you cutting edge? Or age old? Apparently the phrase “does it cook you breakfast” is not too far off. Cook? Go ahead. Clean? Why not? Monitor water leaks? No problem! Home automation can do it. Maybe I’ll stick to the simpler side for now (thermostat, lights, appliances) but oh, the future is here!
MORTGAGE RATE UPDATE
The latest Mortgage Rates: 30 Year fixed at 3.5% and 5/1 ARMS at 2.85%. 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
Record low inventory. Need we say more. It doesn’t end. It would appear that there may be a “pouring” of deals onto the market for the spring – that should be fun. Ultimately, it won’t get us anywhere. Demand is pent up and has nowhere to go. So what happens? Increasing prices is the pressure reducer and property owners everywhere reap the benefit.
Our Invest Success Mentorship Program is ongoing and we are signing up more students. 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 Saturday, March 12th at Poppies. We start at 7:00am. We’ll see you there!
Kevin Amolsch, owner of Pine Financial is releasing his book, the 45-Day Investor. Kevin is the real deal. He’s not a guru with an up sale, so he has no reason to hold anything back. His book details 2 strategies you can use to purchase cash flowing real estate with no down payment. These are important strategies to understand.
The best part is that he is giving his book away this weekend only. Check it out, we will be. Download the Kindle version free at www.45dayinvestor.com. If you don’t have a Kindle you can download the Kindle App and still get the book at no cost.
It would also help him if we all gave some honest feedback so please provide feedback on Amazon after you download the book.
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 720-345-8361.
581 Utica Street, Denver, CO 80204 3 beds, 1 bath. 2 car detached garage. Buy for $235 2edsemand Berkeley AreaK!
447 Cherokee St, Denver, CO 80204 2 beds, 1 bath. Buy for $225 2edsemand Berkeley AreaK!
1301 Mariposa Drive, Denver, CO 80221 3 beds, 2 baths. 2 car carport. Buy for $226.5 2edsemand Berkeley AreaK!
1808 Dilmont Avenue, Greeley, CO 80631 3 beds, 3 baths. Yours for only $205 2edsemand Berkeley AreaK!
2823 South Saulsbury Street, Denver, CO 80227 3 beds, 2.5 baths, 4 car attached garage. Buy for $310 2edsemand Berkeley AreaK!
7410 Greenwood Blvd., Denver, CO 80221 3 beds, 1 bath, 1 car detached garage. Yours for only $185 2edsemand Berkeley AreaK!
2685 Quebec Street, Denver, CO 80207 2 beds, 1 bath, 2 car detached garage. Price REDUCED to$230 2edsemand Berkeley AreaK!
2594 South Harrington Lane, Lakewood, CO 80227 4 beds, 2.5 baths, 2 car attached garage. Buy for $420 2edsemand Berkeley AreaK!
12669 East Wesley Place, Aurora, CO 80014 2 beds, 2 baths, 2 car attached garage. Yours for only $262 2edsemand Berkeley AreaK!
2320 Sherrelwood Drive, Denver, CO 80221 3 beds, 2 baths, 1 car attached garage. PRICE REDUCED to $240 2edsemand Berkeley AreaK!
Until next time,
QUOTE OF THE WEEK: “Life is 10% what happens to you and 90% how you react to it.” – Charles Swindoll