Fix-and-flips are all the rage, but have you ever considered a fix-up to live in? (Photo: Pexels). Fix-and-flips are all the rage, but have you ever considered a fix-up to live in? You might be able to find the perfect location an older home that may need more renovation than your budget allows. The answer […]
Duane's Timely Topics
Duane's compilation of the most relevant topics to real estate today in Boulder.
Realtor for Life: What It Takes To Fix-and-Flip – Part 2
Fix-and-flips are beloved home show staples, and they make these ventures look easy and highly profitable – but are they? In my previous article,What It takes To Fix-and-Flip – Part 1 I discussed building a team of experts, which you will need as you move forward with any property renovation. I also provided a Cost […]
What It Takes to Fix-and-Flip – Part 1
The time and money it requires to renovate a property and the time it will take to sell the property are critical factors in whether or not you make a profit in your fix-up venture. (Photo: Rene Asmussen/Pexels). With the innumerable “fix-and-flip” shows that make home renovations look so easy, many people think purchasing […]
Is COVID-19 Causing a Housing Inventory Shortage?
COVID-19 is only one of the reasons why housing inventory remains low. (Photo: Bigstock). If you have been searching for a home recently, you will observe that there is a shortage of homes for sale. Demand for homes remains high, and with limited inventory, there has been pressure pushing prices upwards. COVID-19 does factor […]
Protect Yourself from Wire Fraud
In 2017 there was a barrage of scams and attacks on real estate transactions by cybercriminals attempting to steal funds from wire transfers. Yes, even right here in Boulder! Cybercriminals have stolen hundreds of thousands of dollars by re-directing wiring instructions in the middle of a real estate transaction. For many victims, their entire life […]
Coronavirus and Buying a College Condo – Part 2
In my last article, Part 1 of “Coronavirus and Buying a College Condo” I discussed how buying a condo or house for your child to live in when going to college can be a worthwhile investment and can also have financial as well as other benefits for your college student. As you evaluate this decision, […]
Coronavirus and buying a college condo – Part 1
Every August in college towns across the country college students return for the fall semester. This year is an exception due to coronavirus, although for the colleges that are holding in-person and not just online classes, it has had a drastic effect on housing for college students. The virus has made the close proximity of […]
Analyzing residential real estate investments
My last article I discussed investing in real estate during the coronavirus pandemic. Even with all the uncertainty in our life today, through good times and bad, there are some things that remain constant – that is the way you analyze real estate investment properties. There are several rules of thumb that help you compare […]
Coronavirus and Investing in Real Estate
I have been asked many times, “Is now a good time to invest in real estate with the uncertainty of our current coronavirus environment?” There is always some risk in any sort of investment, anytime, anywhere. For purposes of this article, we will take a look at residential real estate and analyze the factors […]
Coronavirus and Refinancing Your Home
The coronavirus pandemic has pushed the mortgage rate to historic lows due to investors fleeing to the safety of government securities.. (Photo: Bigstock). The coronavirus pandemic has pushed the mortgage rate to historic lows due to investors fleeing to the safety of government securities. Fixed mortgage rates tend to follow the ups and downs […]