Category: Colorado Springs Lessons
$27,000 per bedroom in Colorado Springs
January 6th, 2009We just had a researcher submit some very basic information about a house for sale in Colorado Springs to us and I wanted to share that with you. From time to time, I'd like to take a property submitted to us by our users that is for sale and show you how changes in one (or more factors) can affect various aspects of your investing. This particular property submitted for Colorado Springs, Colorado Real Estate Resources is located at 534 Lynn Ave, Colorado Springs, CO 80905.
Since this 3 bedroom, 1.00 bathroom property has an asking price of $81,000, let's take a look at what various offers would mean in terms of price per bedroom. Then you can select the offer price you would like to run further analysis on using the Offer Generator.
| Price Paid (% of Asking Price) | Price/Bedroom |
| $97,200 (120%) | $32,400/bedroom |
| $93,150 (115%) | $31,050/bedroom |
| $89,100 (110%) | $29,700/bedroom |
| $85,050 (105%) | $28,350/bedroom |
| $81,000 Full Price | $27,000/bedroom |
| $76,950 (95%) | $25,650/bedroom |
| $72,900 (90%) | $24,300/bedroom |
| $68,850 (85%) | $22,950/bedroom |
| $64,800 (80%) | $21,600/bedroom |
As you can see from the table above, if you know that rents in Colorado Springs can support a certain price per bedroom, you can use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.
Where do you go and what kind of marketing do you put out to find truly motivated sellers in Colorado Springs? There are many ways to get your message out, and while every investor doesn't need to employ every method, it pays to know what they all are. Most investors have never considered Buying Houses using Broadcast Media, but it may be worth your while to see what this type of marketing entails and what kind of return you might expect to see from employing it.
Sincerely,
James
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$90.19 per sq ft in Colorado Springs
January 4th, 2009I want to share with you some information about a property in Colorado Springs located at 3306 Valley Hi Ave Apt B. This particular property is for sale and was submitted by one of our researchers, but I'll be using it as an example. If you want to run your own full investor analysis on this property, you can do that using our Offer Generator.
Let's look at this 2 bedroom, 2.00 bathroom property located at 3306 Valley Hi Ave Apt B that has an asking price of $125,000.
| Price Paid (% of Asking Price) | Price/Square Foot |
| $150,000 (120%) | $108.23/square foot |
| $143,750 (115%) | $103.72/square foot |
| $137,500 (110%) | $99.21/square foot |
| $131,250 (105%) | $94.70/square foot |
| $125,000 Full Price | $90.19/square foot |
| $118,750 (95%) | $85.68/square foot |
| $112,500 (90%) | $81.17/square foot |
| $106,250 (85%) | $76.66/square foot |
| $100,000 (80%) | $72.15/square foot |
As you can see from the table above, if you know what a typical Colorado Springs property sells for on a price per square foot basis, you can quickly use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.
Consider this: if you receive two advertisements in the mail - one that has been mass produced and one that appears to be written by hand - which are you more likely to read? Well...if you'd like your marketing message to come into the hands of potentially motivated sellers with this same advantage over the rest of the stuff they get in their mailbox everyday, then you need to check out Jassen's Audio CD Buying Houses with Hand Written Letters. The team at Colorado Springs, Colorado Real Estate Resources has used this technique many times in several diffent markets - trust us - it works.
Keep on investing Colorado Springs,
James
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Colorado Springs Real Estate Deal: $63.18 Per Square Foot
December 30th, 2008We just had a researcher submit some very basic information about a house for sale in Colorado Springs to us and I wanted to share that with you. From time to time, I'd like to take a property submitted to us by our users that is for sale and show you how changes in one (or more factors) can affect various aspects of your investing. This particular property submitted for Colorado Springs, Colorado Real Estate Resources is located at 1663 Maxwell St, Colorado Springs, CO 80906.
This 4/1.00 1,225 square foot property has an asking price of $77,400, but let's take a moment to do some calculations to see what our actual price per square foot would be based on various offer prices (both above asking price and below asking price).
| Price Paid (% of Asking Price) | Price/Square Foot |
| $92,880 (120%) | $75.82/square foot |
| $89,010 (115%) | $72.66/square foot |
| $85,140 (110%) | $69.50/square foot |
| $81,270 (105%) | $66.34/square foot |
| $77,400 Full Price | $63.18/square foot |
| $73,530 (95%) | $60.02/square foot |
| $69,660 (90%) | $56.87/square foot |
| $65,790 (85%) | $53.71/square foot |
| $61,920 (80%) | $50.55/square foot |
As you can see from the table above, if you know what a typical Colorado Springs property sells for on a price per square foot basis, you can quickly use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.
By the way, are you actively looking for deals in Colorado Springs? Don't forget that local real estate agents can be good sources for investor deals, but you have to make sure that they understand your needs as an investor. An investor friendly real estate agent can be a big boon for your deal finding!
Until next time,
James
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$84.94 per sq ft in Colorado Springs
December 29th, 2008Here's another Colorado Springs property that was submitted by a user that we will use as a teaching tool for our Colorado Springs, Colorado Real Estate Resources real estate investors. The property address, in case you want to look into it in more detail is: 5232 Solar Ridge Dr, Colorado Springs, CO 80917.
This 3/2.00 1,248 square foot property has an asking price of $106,000, but let's take a moment to do some calculations to see what our actual price per square foot would be based on various offer prices (both above asking price and below asking price).
| Price Paid (% of Asking Price) | Price/Square Foot |
| $127,200 (120%) | $101.92/square foot |
| $121,900 (115%) | $97.68/square foot |
| $116,600 (110%) | $93.43/square foot |
| $111,300 (105%) | $89.18/square foot |
| $106,000 Full Price | $84.94/square foot |
| $100,700 (95%) | $80.69/square foot |
| $95,400 (90%) | $76.44/square foot |
| $90,100 (85%) | $72.20/square foot |
| $84,800 (80%) | $67.95/square foot |
As you can see from the table above, if you know what a typical Colorado Springs property sells for on a price per square foot basis, you can quickly use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.
You may also be interested in learning about alternate financing for your deals. You've probably noticed that investor loans, whether in Colorado Springs or elsewhere, are becoming much harder to qualify for. That's why finding private money for your deals is such an important strategy that you, as a real estate investor, need to know about. Don't stand by and let good deals go because you don't have funding. Either learn how to raise private money yourself, or hire a private money coordinator to do it for you.
Until next time,
James
Get priority e-mail notifications of new real estate deals, a FREE real estate course and more real estate investor articles. Click here!
Colorado Springs Deal: $53.88 Per Square Foot
December 28th, 2008We just had a researcher submit some very basic information about a house for sale in Colorado Springs to us and I wanted to share that with you. From time to time, I'd like to take a property submitted to us by our users that is for sale and show you how changes in one (or more factors) can affect various aspects of your investing. This particular property submitted for Colorado Springs, Colorado Real Estate Resources is located at 3087 Starlight Cir, Colorado Springs, CO 80916.
This 2/1.50 928 square foot property has an asking price of $50,000, but let's take a moment to do some calculations to see what our actual price per square foot would be based on various offer prices (both above asking price and below asking price).
| Price Paid (% of Asking Price) | Price/Square Foot |
| $60,000 (120%) | $64.66/square foot |
| $57,500 (115%) | $61.96/square foot |
| $55,000 (110%) | $59.27/square foot |
| $52,500 (105%) | $56.57/square foot |
| $50,000 Full Price | $53.88/square foot |
| $47,500 (95%) | $51.19/square foot |
| $45,000 (90%) | $48.49/square foot |
| $42,500 (85%) | $45.80/square foot |
| $40,000 (80%) | $43.10/square foot |
As you can see from the table above, if you know what a typical Colorado Springs property sells for on a price per square foot basis, you can quickly use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.
And if you are looking for more information on how to find real estate deals in Colorado Springs, then you may also be interested in checking out the audio CD real estate course Finding Motivated Sellers to Find the Best Real Estate Deals that Jassen recorded. It teaches you how to find motivated sellers in Colorado Springs so that you can find some amazing deals.
Keep on investing Colorado Springs,
James
Get priority e-mail notifications of new real estate deals, a FREE real estate course and more real estate investor articles. Click here!
Colorado Springs Deal: $67.53 Per Square Foot
December 27th, 2008We just had a researcher submit some very basic information about a house for sale in Colorado Springs to us and I wanted to share that with you. From time to time, I'd like to take a property submitted to us by our users that is for sale and show you how changes in one (or more factors) can affect various aspects of your investing. This particular property submitted for Colorado Springs, Colorado Real Estate Resources is located at 3647 Hayman Ct, Colorado Springs, CO 80910.
I am going to do do some calculations on this Colorado Springs property. It is a 3 bedroom, 2.00 bathroom property located at 3647 Hayman Ct that has an asking price of $130,000.
| Price Paid (% of Asking Price) | Price/Square Foot |
| $156,000 (120%) | $81.04/square foot |
| $149,500 (115%) | $77.66/square foot |
| $143,000 (110%) | $74.29/square foot |
| $136,500 (105%) | $70.91/square foot |
| $130,000 Full Price | $67.53/square foot |
| $123,500 (95%) | $64.16/square foot |
| $117,000 (90%) | $60.78/square foot |
| $110,500 (85%) | $57.40/square foot |
| $104,000 (80%) | $54.03/square foot |
As you can see from the table above, if you know what a typical Colorado Springs property sells for on a price per square foot basis, you can quickly use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.
Do you know how to use direct mail to find and/or market great deals in Colorado Springs? You might be interested in learning time-saving strategies for getting the most out of this powerful marketing medium with Jassen's audio CD: Buying Houses with USPS Post Cards. Learn the difference between one and two step marketing and more on this super informative CD.
Until next time,
James
Get priority e-mail notifications of new real estate deals, a FREE real estate course and more real estate investor articles. Click here!
Colorado Springs Discounted Property: $42,500 Per Bedroom
December 23rd, 2008I want to share with you some information about a property in Colorado Springs located at 2322 Lexington Village Ln. This particular property is for sale and was submitted by one of our researchers, but I'll be using it as an example. If you want to run your own full investor analysis on this property, you can do that using our Offer Generator.
Since this 2 bedroom, 1.00 bathroom property has an asking price of $85,000, let's take a look at what various offers would mean in terms of price per bedroom. Then you can select the offer price you would like to run further analysis on using the Offer Generator.
| Price Paid (% of Asking Price) | Price/Bedroom |
| $102,000 (120%) | $51,000/bedroom |
| $97,750 (115%) | $48,875/bedroom |
| $93,500 (110%) | $46,750/bedroom |
| $89,250 (105%) | $44,625/bedroom |
| $85,000 Full Price | $42,500/bedroom |
| $80,750 (95%) | $40,375/bedroom |
| $76,500 (90%) | $38,250/bedroom |
| $72,250 (85%) | $36,125/bedroom |
| $68,000 (80%) | $34,000/bedroom |
As you can see from the table above, if you know that rents in Colorado Springs can support a certain price per bedroom, you can use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.
So you've always heard that real estate is the way to gain true wealth. Trump has done it, Robert Kiyosaki has done it, so why not you? Well, it pays to start off by knowing why real estate is the world's best investment and how it can make you truly wealthy. Try starting with Jassen's audio CD titled How to Make a Living and Build a Fortune in Real Estate Investing. In it you will learn about the long term strategies of building a real estate portfolio and how to become a millionaire through real estate investing, but you will also learn how real estate can start paying your bills in the short run through better cash flow strategies.
Keep on investing Colorado Springs,
James
Get priority e-mail notifications of new real estate deals, a FREE real estate course and more real estate investor articles. Click here!
Colorado Springs Deal: $104,000 Per Bedroom
December 21st, 2008Here's another Colorado Springs property that was submitted by a user that we will use as a teaching tool for our Colorado Springs, Colorado Real Estate Resources real estate investors. The property address, in case you want to look into it in more detail is: 2094 Legacy Ridge Vw, Colorado Springs, CO 80910.
This 1/1.00 1,512 square foot property has an asking price of $104,000, but let's take a moment to do some calculations to see what our actual cost per bedroom would be based on various offer prices (both above asking price and below asking price).
| Price Paid (% of Asking Price) | Price/Bedroom |
| $124,800 (120%) | $124,800/bedroom |
| $119,600 (115%) | $119,600/bedroom |
| $114,400 (110%) | $114,400/bedroom |
| $109,200 (105%) | $109,200/bedroom |
| $104,000 Full Price | $104,000/bedroom |
| $98,800 (95%) | $98,800/bedroom |
| $93,600 (90%) | $93,600/bedroom |
| $88,400 (85%) | $88,400/bedroom |
| $83,200 (80%) | $83,200/bedroom |
As you can see from the table above, if you know that rents in Colorado Springs can support a certain price per bedroom, you can use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.
By the way, you may also be interested in learning a system for finding wholesale deals that can help you achieve investing success in Colorado Springs. In Jassen Bowman's CD: Wholesaling: Using the Deal Finder Checklist both poor methods, for folks with lots of time but not lots of money and rich methods, for folks with lots of money, but not time are covered for finding really great wholesale deals.
Until my next post,
James
Get priority e-mail notifications of new real estate deals, a FREE real estate course and more real estate investor articles. Click here!