Colorado Springs Real Estate Investing Podcast

This is an exciting deal analysis because the client used a couple of different strategies to optimize his investment.  By using a Nomad approach to buy the home, he gets the benefits of better purchasing terms and the enjoyment of living in a nice house.  Once he moves out, using a room by room rental strategy will boost his returns significantly.  Three Learning Options! Listen to...

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 “#76: Colorado Springs Real Estate MLS Market Stats – February 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 exe...

Sometimes, the best property to purchase is one with potential.  With a tight market and low inventory, it can take some forward thinking to find something that has the ability to match your long-term goals, even if it’s not performing optimally in the moment.  In this deal analysis, we’re looking at a fourplex in the Cimarron Hills neighborhood of Colorado Springs that is underperformin...

MLS trends data for January are now out. One exciting develop we saw last month is inventory went up a bit.  It’s a 20% increase, although that doesn’t mean too much when the starting number is 425.  It will be interesting to see if people start to sell more as we come into the spring season in March and April.  We should see a little more, but it’s very slim out there.  Three...

I recently sat down with Josh Surver, a first-time investor who just purchased a new build townhome in the Springs.  Even though he’s known he wanted to invest for a couple of years, he thought it would be impossible since he’s currently stationed in Asia with the military. As he did more research, he realized investing is more feasible than he thought. He’s currently using a medium-term rent...

How hard is it for self-employed people to get a real estate loan?  While this is a topic we’ve touched on before, we haven’t yet done a deep dive on the subject.  To get the full scope of what it takes to get a loan and dispel some common myths, I sat down with Bill the Lender, Bill Rodriguez of Cornerstone Lending .  Listen to the podcast or watch the video to get the full discuss...

Today, Leah and I are looking at a townhouse-style fourplex in Pueblo.  A lot of investors ask us what multi family properties in Pueblo look like, so Leah and I are walking through a great option.  This is a property we found on the MLS, not one purchased by a client, but it’s a great example of the opportunity in this area. Three Learning Options! Listen to the podcast “#71: New...

In this Deal Analysis, Leah joined me to talk about a townhouse in Pueblo she just helped a client purchase.  As Denver and Colorado Springs continue to increase in price, we’ve been focusing more on Pueblo as a great alternative market.  We often have clients who have $50K to invest, which is harder to deploy as markets become more expensive.  Pueblo offers investors the opportunit...

This deal analysis looks at a fourplex that my clients recently purchased in a 1031 exchange.   These clients were extremely prepared, which made the process fun and a lot less stressful than a typical 1031 exchange.  Thanks to their hard work, they were able to sell a townhome on the east coast and bought a great fourplex in a desirable area of the Springs.  And the best part: they...

As we kick off 2022, now is a good time to talk about my goals for the year.  While I don’t always like the pressure of thousands of people knowing my goals, it’s helpful to share them with other investors.  To understand how I formulated this year’s goals, I will also review my investing rules and the goals I made for 2021 .  Three Learning Options! Listen to the podcast “#68...

The Colorado Springs MLS trends data for December and the year-end are now out.  Everything is holding strong and there are no big changes from the previous months.  We’re ending the year with 19% year over year median sales price growth, which is an incredible gain but not one I see changing in the near future.  Three Learning Options! Listen to the podcast “#67: Colorado Spr...

In this deal analysis, Chris and I talked with new investor Emily about the investment property she and her husband recently purchased in Pueblo. They were sitting on a considerable amount of equity from their Denver home and are making that money work for them by investing in their first rental property. Three Learning Options! Listen to the podcast “#66: Using Denver Equity to Invest in a...

In this Deal Analysis, Chris and I look at a fourplex in Colorado Springs that was recently purchased by Denver investors.  This is a great example of an off-market fourplex that will generate solid returns.  Three Learning Options! Listen to the podcast “#65: Using a HELOC to Acquire a Colorado Springs 4-plex” on the Colorado Springs Real Estate Investing Podcast Watch the Y...

In this episode of Ask an Investor, Envision Advisor’s House Hacking Specialist Ben Einspahr joined us to talk about how to plan for his next House Hack.  We went over the properties he currently owns and his options for funding the next house.  Ben is an active house hacker in the Denver area.  A couple of months ago, he left his W2 to join Envision Advisors full-time, which change...

The Colorado Springs MLS trends data for November 2021 are now out.  The active inventory went down 27% compared to the previous month, which is a staggering drop.  In some ways, it’s starting to feel like the Spring of 2021 again with buyers routinely outbid by $40K-50K.  A lot of buyers are anticipating interest rates going up and are trying to buy a property before that happens.&...

We don’t often talk about condos in Colorado Springs, but they can be a rewarding asset class, especially for first time investors.  This deal analysis looks at a condo I recently closed with a client that is poised to perform very well for them. Three Learning Options! Listen to the podcast “#62: 2 Bed 2 Bath Condo for Less than $220K in Colorado Springs” on the Colorado Springs...

In this episode of Ask an Investor, Kevin Main talks to Chris and Jenny about how to take his investment strategy to the next level.  Kevin has previously been on an episode of House Hack Master Minds.  Now that he’s closed on his second house hack , he wants to know how to scale up and where to find the best deal on a pure investment property.  Note: We ran this post (with all the...

As short-term rentals grow more popular and widespread, it makes sense that they’re becoming more professionalized, too.  One such professional management company is Hostē.  Located in Colorado Springs, they manage over 160 properties in the Springs and surrounding areas. I recently sat down with Craig Kallian, business development manager, to talk about what services Hostē offers client...

The Colorado Springs MLS trends data for October 2021 is now out, and this month is a repeat of the majority of the rest of this year. Home sale averages are up a little bit, with the median home price at $446K. The median appreciation is 16.3%, which is down a little bit compared to this time last year when it was in the 20s. However, 16% is still an extremely high appreciation rate. New listings...

I recently talked with Sara Blackhurst and Brian McCain, Action 22’s CEO and COO, about Pueblo , CO and why it’s a great place to invest.  While Action 22 focuses on southern Colorado generally, they are very active in Pueblo.  Action 22 is a member-driven organization that serves 22 counties in southern Colorado.  Their work focuses on the intersection of local government affairs,...

In this deal analysis, Leah and I analyze a property she closed on a few weeks ago with an out of state investor.  He has a great system in place for a non-owner occupied room by room rental model. This model brings great returns and provides a nice place to live for his tenants.  Three Learning Options! Listen to the podcast “#57: Over 10% Cash on Cash Return on Room by Room Renta...

In this episode, Leah joined me to talk about a townhome purchased by a first-time investor.  She helped him figure out what to look for and was able to get him under contract on the first property they saw.  Even with conservative projections, the client is getting great returns thanks to his choice to self-manage the property.  Three Learning Options! Listen to the podcast “...

The Colorado Springs MLS trends data for September 2021 is out.  New listings went down a bit compared to last month, but we’re still ahead of where we were this time last year.  Active listings are up to 961 compared to last month’s 844, which shows that things are staying on the market longer and providing a little more breathing room.  The average per unit price of multi family p...

We’re back with another episode of Ask an Investor, the series that gives investors the opportunity to ask their real estate related questions to Jenny and Chris.  Our guest this week is Greg who’s currently stationed in Germany but is planning on buying a property when he moves back to Colorado Springs this winter.  He lived in the Springs before moving overseas and still owns a house t...

Welcome back to the second episode in our new series “Ask an Investor.”  We’ve found that a lot of people have the same questions, so the goal of this series is to bring in other investors to have conversations and answer those questions in real time.   Our guest today is Catie Lawrence who recently left her W2 job to be a full-time real estate agent and pursue investing.&#160...