About a month ago, my men’s group discussed the various generations and common threads that ran through them.  (Please don’t be anal if my age spreads and descriptions are not what you think, I want you to think about this!) First, let’s take the generations:

  • Millennials (age 12-32)
  • Gen-X (32-52)
  • Baby Boomers (52-72)
  • Silent Generation (72-92)

Then let’s take a concept like “Authority” and take it through the generations.  The Silents have respect for authority; the Boomers question authority; Gen-X challenges authority; finally, Millennials reject authority.  

Now, you can take other concepts like change (Silents are resistant and Millennials are quick to change) and stability (Millennials are transient, Gen-X less so, Boomers and Silents are stable). How about Learning? Millennials and Gen-X are information and knowledge-based, while Boomers and Silents learn from history.  Play with this; you get the idea.  I suspect someone is writing (or has already written) a book describing the Generational characteristics.

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: 

Make the most of an Open House visit: Best Practices:

  • Use the open house to learn the market without committing
  • You don’t have to sign in (but don’t be rude)
  • Watch the other buyers
  • Ask the agent questions
  • Be open to meeting your future agent
  • Why open houses have been around for decades

For the bonus round, the link gives you 20 questions to ask the seller’s agent!

How to create an emergency evacuation kit: Zillow and State Farm provide with a list of items you need if/when you must evacuate (flood, hurricane, tornado, etc). No surprises rather than being thorough (you must have lots of doc copies: personal, insurance, bank, meds, wills, e.g.)

5 lease agreement items you didn’t know you (or your tenant) could negotiate:

  1. Security deposits
  2. Pet policies
  3. Access to amenities (gym, pool, etc)
  4. Parking passes and guest policies
  5. Monthly rent

Non-negotiables: smoking, remodeling, subletting, e.g.

Zillow has fascinating pictures and article on How our homes have changed since the ‘50s. Floorplans have more space and natural flow between rooms…from the kitchen to the dining room to the living room to the bathroom to the master suite (more walk-in closets, e.g.).

And now the good newsDon’t lose faith…it will get better. OK, seller’s market for over one year, inventory is limited, bidding wars, higher prices = listings are up 4.5% over past 3 months; new construction is up 9% and basic loans are hovering around 4%.  

The latest Mortgage Rates: 30 Year fixed at 3.88% and 5/1 ARMS at 2.82%. Expect investor (non-owner occ) rates to run about ½ point higher on non-owner occ loans. (These are AOL/ reported average rates as of Thursday) 


Market timing is important. “Gosh, prices are rising so I’ll list my house,” says a typical homeowner who is finally convinced they will get top dollar for their property. So they are listing their homes. More listings…It’s almost August but some people are slow to react.  Our economy? Getting stronger every day: Denver rated #1 for economic success with North Colorado and Greeley up there in the top 20! Jobs bring in more people who need to live somewhere; housing inventory (SFH, MFH, condo, rentals, etc) is low. When will it slow down?

Meanwhile, many Front Range investors are buying income properties out of state. They have a few more hoops to jump through but what’s the difference between local and out of state if you have a property manager taking your headaches?


THIS IS IT!!!  YOU MUST TAKE THIS WORKSHOP (if you haven’t already), if you’re in this business. Why?  Basics, foundation, labor cost estimates, material cost estimates, home value estimates (ARV) to name a few of the items to be covered in this workshop.  Plan to attend August 15-16: REHAB ACQUISITION WORKSHOP. Are you prepared?  Are you confident you know what you’re doing? Can you estimate fix up costs and after repair value? Registration and information HERE.

Coming soon: the Heart of Wholesaling, September 26. Book it!


COURSE CORRECTION COACHING CALLS. WOW, what’s that?  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 August 8) 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 by phone, text us at 3035641680. Happy Hunting!

10219 Black Forest Dr, Parker.  3 bedrooms, 2 baths, 2 car attached garage. 2 acres! Views! Great location! Buy for $320K.

18787 E Progress Pl, Centennial.  4 beds, 3 baths, 2 car attached garage. Jackson Farm. LITE FIX. HUGE. Walkout basement. Basement is unfinished, your option to fix. Buy me for $307K.

3390 Krameria St, Denver. 3 bedrooms, 1 bathroom, full basement. Traditional brick. Buy me for $257.5K.

6924 Elati Way, Denver.  3 beds, 1 bath, 2 car attached garage with partially finished basement in popular easy-to-comp Perl Mack. Buy me for $185K.

1601 S Ivanhoe St, Denver. 3 beds, 1 bath, 2 car attached garage.  Buy for $395K. Huge potential! Off Iowa and S Holly & close to Cherry Creek trail. Seller reduced!

224 S Kathleen Av, Milliken. Weld County! 1 bed, 1 bath with carport. Cheapo. Buy for $77K.

3401 S Ivy Way, Denver, University Hills with basement!  3 beds, 2 baths with 2 car garage. Buy for $295K.

8418 Allison Ct, Arvada. 4 bedrooms, 3 baths, 2 car attached garage in popular Arvada! Buy for $260K.

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….


Bon Homepetit!


John Fisher

303 338-8000 

QUOTE OF THE WEEK:  Each generation imagines itself to be more intelligent than the one that went before it, and wiser than the one that comes after it.  ~George Orwell

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