Because I said so? Is there Absolute Truth? We’d like to believe it so. There’s right and there’s wrong, black and white. If only it were so simple (It can be for some). Opinions creep in, because I said so, as Truth. How does that happen? I am currently faced with God’s Truth vs Medicine’s Truth. I have lung cancer and am undergoing a barrage of tests (they continue) as the doctors work to narrow down the source/origin so they can determine treatment. Meanwhile, I am working with a Christian Faith Healer who has already helped me so much. Maybe MY TRUTH will be an integration of both God’s Truth and Medical Truth. My Faith is strong. I must be patient. Thank you all for your heartfelt prayers and support; they make a difference. We’ll beat this!
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:
- W Helena, AR 3/2 for $8.8K (IE)
- Birmingham, AL 2/1 for $5.4K (is it purple or fuchsia?)
- Elberon, IA 3/1 for $11.3K (IE)
- Cambridge City, IN 4/2 for $11.2K (IE)
- Benton, IL 3/1/1 for $16.2K (IE)
Biggest news is our stock exchanges. Expect more rollercoaster rides; hold on to your hat!
The latest Mortgage Rates: 30 Year fixed at 3.74% and 5/1 ARMS at 2.74%. 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
Same ole’ stuff; over bids, fewer repair objections, quicker closes, cash closes. Can this sustain? For another month or two before it starts to slack off….
YOU MUST TAKE THIS WORKSHOP (even if you have 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. Oh, and Sunday is FIELD DAY where we view 4-7 properties! Plan to attend August 29-30: 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. Oh, and we’re just introducing our Graduate Program (just for our mentorship graduates!) 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 September 12. 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!
HUGE 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!
1915 Dallas St., Aurora. 3 beds, 1 bath. Huge lot. Scrape and rebuild. Buy for $115K.
6175 Lamar St., Arvada. 2 beds, 1 bath, 1 car detached garage. Buy for $250K.
5525 Troy Street, Denver. 4 beds, 2 baths, Brick. Buy for $165K.
4760 South Fox St., Englewood. 3 beds, 1 bath, 1 car detached garage. Buy for $225K.
490 South Canosa Court, Denver. 2 beds, 1 bath, 2 car carport. Buy for $185K.
7529 Pierce St.,, Arvada. 4 beds, 2 baths, 2 car garage. Buy for $235K.
6431 Osceola St, Arvada. 4 beds, 2 baths, 2 car garage, light fix, all for $280K.
8225 Solana Dr, Denver. Nice brick 3 bed, 2 bath near Thornton and comes with basement! Buy for $195K.
665 Juniper St, Golden. Popular Golden! 3 beds, 2 baths, huge oversized detached garage. Buy for $205K.
3575 Holly St, Denver. 2 beds, 2 baths, finished basement. PARK HILL. HUGE oversized detached garage. Buy for $285K.
4130 Reed St, Wheat Ridge. 3 beds, 3 baths in popular Wheat Ridge. Buy for $315K.
2464 Astrozon Cir. Colorado Springs. 2 beds, 1.5 baths, 1 car attached townhome. Buy for $71.4K. Terrific rental, great cash flow. FHA “as is” appraisal of $84K.
1263 Gumwood Dr, Colorado Springs. 4 bedrooms, 2.5 baths, 2 car attached. Buy for $207K. ¼ mile from Fort Carson Gate. Big house.
2551 S Pearl St, Denver. 2 beds, 1 bath, 1 car detached garage. Super location: Harvard Gulch! Close to DU. Buy for $285K. Good lot size, possible addition to add more value!
26 S Yarrow St, Lakewood. 2 beds, 2 baths, with garage. Clean brick ranch. Buy for $290K.
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!
QUOTE OF THE WEEK: When you have eliminated all which is impossible, then whatever remains, however improbable, must be the truth. ~ Arthur Conan Doyle