Rental Homes See Increase In Vacancy for 4th Quarter

     Vacancy for rental housing units in the Denver metro area increased to 4.9% for the 4th quarter of 2008, according to a report conducted by the Colorado Division of Housing. Of the counties used for the measure, Boulder/Broomfield boasted the highest average rent ($1,453.82) and Douglas the lowest vacancy rate (3.7%), while Denver posted […]

Denver Housing Market Sees Positive Signs

The Denver residential market is outperforming many other markets in the nation in terms of home price appreciation, according to S&P/Case-Shiller. In their most recent comparison of home-price appreciation among 20 metropolitan statistical areas in the country, Denver posted the 2nd lowest decline for the 12-month period ending in January 2009 (5.1%) and posted the […]

Real Estate Market Stabilizing in Denver

     In a recent Denver Post article Margaret Jackson reported that improvement was seen in the residential real estate market in Denver in February from the previous month, according to a report by Gary Bauer. The report found that total sales in the period increased 9.2% to 4,183, and increases of 5.8% to $192,000 and […]

Investment Strategies in Today’s Real Estate Market

BUY AND HOLD OR FIX N’ FLIP?
                                    

In the past couple of years we’ve seen tremendous opportunities here in the Denver Colorado foreclosure market.  Investors are buying Denver REO Homes at incredible prices each week.  Investors are buying properties to fix and flip and many investors are buying REO properties to hold for long […]

What to Ask for on a Tenant Application

     Finding and putting the right tenant in a property is one of the most important things that you can do as a property manager or landlord.  It’s important to screen tenants to make sure they are a good fit for the property.  Financially, the tenant can make or break your property as an investment.  […]

Colorado Carbon Monoxide Legislation

A bill was proposed in the 2009 Legislative Session regarding carbon monoxide detectors in rental units due to the many recent deaths in Colorado due to high levels of carbon monoxide in the homes and apartments. 
This year’s bill requires any existing single-family dwelling or dwelling unit of an existing multi-family dwelling offered for sale or […]

Deal of the Week for 12/18/08

Check out these two investment properties east of Denver in northern Aurora.  These houses are located close to the new Fitzsimmons Medical Center with easy access to downtown and I-70.  Give either of these houses some remodeling work and they would make great rental investment properties.