Colorado Springs Real Estate Investing Podcast

Our deal analysis today looks at a house hacker who moved from Denver to Colorado Springs to take advantage of the lower price point.  He found a house that’s the perfect setup for room by room rentals and is poised to perform very well when he moves out.  In the meantime, he gets to live for only $300 a month! Three Learning Options! Listen to the podcast “#102: Great Mountain Vie...

The August 2022 market stats are out, and we’re back with another roundtable to discuss what they mean. As inventory increases in both Denver and Colorado Springs, we’re seeing a slight shift in power back towards buyers. We still have a long way to go to reach a balanced market, but the trends are consistent. Rising interest rates may cause some homeowners to stay where they are in th...

Investor friendly realtor Leah Keeling joined me to talk about a fourplex she recently helped a client purchase.  This is his second investment property and his first multifamily unit.  Despite a high interest rate, he’s getting strong returns thanks to self-managing and is making a great dent in his investing goals. Three Learning Options! Listen to the podcast “#100: How Self-Man...

House hacking is a great way to start building your real estate portfolio, and it’s never too early to get started.  My guest today took that idea to heart. Miller started his investing journey while still in college and is already settling into his first house hack in Colorado Springs. Three Learning Options! Listen to the podcast “#99: How This House Hacker Started Investing Before Gr...

The July market stats are out, and our roundtable panel is back to discuss what they mean.  Across Denver, Colorado Springs, and Pueblo we’re seeing seasonality return to the market. After a couple of years where there was consistently low inventory and buyers had to make multiple, above-list offers, they finally have some breathing room. They can look at a few houses, take some time to...

We’ve got a fun case study today about a Denver area investor who went to Pueblo, bought a single family home, and executed a BRRRR with great results.  Eric, an investor based out of Lakewood, joined Chris and me to share his story and explain how he was able to successfully BRRRR in today’s market.  Three Learning Options! Listen to the podcast “#97: How a Denver Investor Success...

Our guest today is Michael, an Envision Advisors client who recently bought his first house hack in Colorado Springs.  He moved from San Francisco to the Springs specifically to invest in real estate as part of his long-term wealth building strategy.  He joined Chris, Ben, and me in the studio to discuss why he made this move, what his goals are, and how he uses his background in both so...

Today, we’re looking at a new build townhouse in Colorado Springs, near Peterson Air Force Base.  My clients took advantage of equity in an older property by utilizing a 1031 exchange and buying a new build townhome with the proceeds.  This is a great example of investors making the most out of the current market’s gift of appreciation. Three Learning Options! Listen to the podcast &#822...

I recently sat down with Chris to talk about how my strategy is changing halfway through the year.  With rising interest rates, I’m evaluating my portfolio, new acquisitions, and risk differently than I was before.  That’s why I got my first Adjustable Rate Mortgage and am looking into cost segregation for my multifamily properties.  Three Learning Options! Listen to the podcast &#8...

The June 2022 MLS market stats for Denver, Colorado Springs, and Pueblo are now out, and our roundtable is back to talk about what it all means.  Joining me in the studio are Envision Advisors agent Preston Newberry , lenders Joe Massey of Castle & Cooke Mortgage, and Travis Sperr of Renovo Financial. Make sure to listen to the podcast or check out the YouTube video for the full discussio...

Today’s episode isn’t your typical deal analysis.  We’re zooming out to look at the big picture: going over different transactions that make up an investor’s journey.  Our guest is Ken Hobbick, who connected with Chris about three years ago and stayed in touch as he grew his portfolio.  He’s talking to us today about how he progressed from investing out of state and why he’s testing...

Our guest today is Gretchen Place, an investor based out of a Denver suburb.  A few years ago, she and her husband started investing in Colorado Springs.  Over time, those investments have proven to be solid, but as the market in the Springs began shifting, they turned their focus to Pueblo.  We talked about how they got started in the Springs, why they made the move to Pueblo, and...

We have a different kind of deal analysis today: a fourplex in Colorado Springs that’s being run as four medium term rentals.  Leah helped our buyers find not just an investment property, but a business, as well.  This is a great example of how to pivot when the market shifts. Three Learning Options! Listen to the podcast “#90: AMAZING Cash Flow Even at 6% Interest Rates in Colorad...

Welcome back to our three-part State of the Market series .  Today in part two, we’re discussing where and how to invest in rental properties.  Jenny Bayless joins me to discuss strategies in Denver, Colorado Springs, and Pueblo.  We’re looking at six examples of where to invest: $50K, $100K, $115K, $150K, and $250K.  Three Learning Options! Listen to the podcast “#384: State of the Market:...

The May market stats are out for Colorado Springs, and I discussed them with our roundtable panel.  Active inventory in the Springs went up 30%, from 700 to 1000 last month.  Although this is less than a one-month supply, we’re feeling a change in the atmosphere.  Listing agents are more likely to follow up after a showing, and we’ve been able to take the time to write strong contra...

This deal analysis looks at a townhome in Colorado Springs.  Leah and I were involved in both sides of the transaction, which gave us a full picture of what everyone wanted.  This is a great case study because it shows that it’s still possible to find a deal that benefits everyone. Three Learning Options! Listen to the podcast “#87: Double Digit Returns at 5.75% Interest Rate in Co...

We’ve previously mentioned that we see a lot of opportunity in Pueblo and want to expand our business down there.  Now that we’re regularly helping clients complete transactions there, we’re looking for a talented agent to add to our team in Pueblo. Three Learning Options! Listen to the podcast “#86: We’re Hiring! Pueblo Investor Friendly Agent” on the Colorado Springs Real...

We’ve seen inflation and interest rates tick up over the past few months, which creates a lot of uncertainty and concern.  Many of our clients are coming to us with questions about what it all means and what they should do.  Today, we’re going to talk about what we’re seeing, our expectations, and where there are opportunities in the marketplace.  The market is changing, but change...

The MLS trends data for April 2022 is out, and we have all of the stats. It continues to be a seller’s market, and we hit a new record median sales price at $480K.  A year ago, the median sales price was $420K.  Active inventory increased 31%, but that’s only an increase of 200 homes in actuality.  On the plus side, we’ve seen appraisals coming in at offer price more often, meaning...

We recently brought Dan Haberkost on the show to talk about how his business of buying infill lots influences his real estate investments.  Once he buys the lots, he either builds on them or sells them to another developer.  New builds are a hot topic right now, so he’s back today to talk more about the process of buying a lot and building on it.  To hear all of the nuances of our c...

In today’s deal analysis, we’re looking at equity I’m taking from a Colorado Springs rental property and investing in a single family home in Pueblo.  To see a video tour of the Pueblo house, go here . Three Learning Options! Listen to the podcast “#82: What Does $80k Buy You in Pueblo?” on the Colorado Springs Real Estate Investing Podcast Watch the YouTube video (at the bottom.)...

Today, we’re talking to real estate investor Dan Haberkost, who focuses on a niche area of the market.  In addition to investing in real estate, he buys and sells parcels of land in southern Colorado.  He describes himself as a wholesaler but for land.  This is a new area for us and one we’re excited to explore.  Dan came on the podcast to discuss how his business works and how...

The MLS trends data for Colorado Springs are now out, and we have all the stats and analysis you need to understand the market. Three Learning Options! Listen to the podcast “#80: Colorado Springs Real Estate MLS Market Stats – March 2022” on the Colorado Springs Real Estate Investing Podcast Watch the YouTube video (at the bottom.) Read the blog post. Note, the blog is an execut...

In this deal analysis, we’re looking at a rental property I recently purchased in downtown Colorado Springs.  This deal is all about that classic real estate mantra: location, location, location.  Three Learning Options! Listen to the podcast “#79: Location over Cash Flow in Downtown Colorado Springs” on the Colorado Springs Real Estate Investing Podcast Watch the YouTube vid...

There’s no better way to hold yourself accountable for achieving your goals than telling other people what you’re planning to do.  With that in mind, I sat down with Envision Advisors agent Leah Keeling to find out how well she hit last year’s goals and what she plans to do in 2022.  Three Learning Options! Listen to the podcast “#78: 2022 Goal Setting with Leah Keeling with Envisi...