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Foreclosure shortage

Only an investor would miss the days of high foreclosure rates, haha! It used to be a good strategy for finding a deal. However, once you got a deal, it was harder to find a buyer. Now, it’s hard to find a deal, but easy to find a buyer (assuming it’s priced right). Colorado has the lowest foreclosure rate in the country. Thanks to stricter lending rules, low foreclosure rates are the norm throughout the country. The “good old days” for investors are gone!

In case you missed what happened at the legislature

The legislature was busy this year and landlords were a big target. Several new bills affect our industry. Get the full update on our blog. Also, make sure your property manager is up to speed and ready to help you comply. Some of the laws have very specific timelines and requirements that you must meet. 

QUOTE OF THE WEEK

“America is hope. It is compassion. It is excellence. It is valor.

~Paul Tsongas

 

 

See you soon,

Evania Ku

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