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Gorgeous Mountain Oasis – Home for Sale

home for sale

This gorgeous, custom home is a mountain oasis in the heart of the city, offering an open floorplan and 360-degree mountain & city views! Enter into a large, vaulted great room with an ENTIRE GLASS WALL, walk-out to 2 of 4 decks - enjoy magnificent views! A formal dining room adjoins large, modern kitchen with new stainless steel appliances & granite counters. Step-down to a family room with gorgeous, cultured stone fireplace & a walkout to 2nd deck.

On the top level are 2 ample sized bedrooms and master bedroom suite featuring a 5 pc bath, jetted tub with a Tiffany lamp and Bluetooth speaker for complete relaxation, a walk-in closet with cedar floors & walk-out to a 3rd, private deck. You'll also find another guest bathroom featuring an OVERSIZED shower and bench on that level - perfect for any living situation.

Step down 2 levels to a 2nd family room with another cultured stone fireplace, wet bar & walkout to 4th deck. Another two bedrooms & third bathroom on the lower level will make a great living area for in-laws, kids home from college, a short term guest?

INTERIOR HIGHLIGHTS OF HOME:

Completely remodeled home. The main level offers a very open layout. Offers a large laundry room w/built-in cabinets & utility sink. 2 central a/c units & furnaces with ceiling fans in every bedroom provide maximum, all-season comfort. Oversized, 3-car garage with ample space for a workshop! at the end of a cul-de-sac sets atop a hill with pine trees, scrub oak and wildlife galore - unrivaled privacy!

At the north end of town & near great schools, shopping, restaurants, a public library, I-25, and more, it's a luxurious, cost-effective alternative to Denver prices AND an easy in-town commute.


Cash Flowing Fourplex In 80916 – Top Four In Nation!

Fully occupied at close to market rent, this recently updated fourplex boasts strong cash flow and is currently performing at an 11%+ ROE with a 22% expense ratio; $20k upside with $25k rehab, comps to $540k. Located in 80916, recently one of the four fastest growing zip codes in the nation, its southeast location offers a good path to development with numerous community redevelopment initiatives already underway and is also close to shopping, restaurants and the intrastate with easy access to I-25. 24 average rental days on market and a decent 7%+, 10 yr price trend (single/multi-family combined), this asset may be worth taking a look at.

Click this link for a detailed analysis: 181220-1 Investment Analysis and contact us with any interest. A third party listing, NCND and/or buyer agency agreement is requested.


475 Wintery Circle N Colorado Springs CO 80919 Rockrimmon

Fully & meticulously remodeled, ranch style home in the desirable Rockrimmon area of Colorado Springs!

475 Wintery Circle N Colorado Springs CO 80919

Welcome home to your fully & meticulously remodeled, ranch style home in the desirable Rockrimmon area of Colorado Springs!

  • 3,600 sq ft home on a nicely landscaped 1/4 acre lot with fenced backyard
  • 5 beds, 3 baths with 5 piece master
  • 2 living rooms and gas fireplaces
  • Formal dining room and huge eat-in kitchen
  • Gorgeous hardwood floors
  • Fully finished basement
  • Central air
  • Private racquet and swim club within walking distance
  • Close to great schools, interstate, shopping, restaurants and more

Modern upgrades include LED and/or recessed lighting throughout, dual flush toilets, keyless entry, video doorbell, and a smart thermostat. Convenient north side location close to I-25, perfect for Denver commuters! Like new and competitively priced in an area showing a year over year price increase upwards of 10%. Comparable sales to $585,000!

Arrange your private showing today!


Finder’s Fee – Realty Times

hand grabbing money

We Love Paying Finder's Fees

via Finder's Fee - Realty Times

But, paying finders fees is against the rules, a RESPA violation! Right? See for yourself.

Is it?

At Axiom Real Estate Services, we teach soccer moms, college kids, retirees i.e., regular folks how to become Acquisition Managers who scout for homes that just need a little love to shine...tall grass, circulars in the driveway, boarded windows. It's simple. They bring in details for the leads they find and those we provide as well. The more we know about the home, the seller, the circumstances, the better we are able to know, "does it pencil"? Is it a deal?!

If so, and depending on how much they take on, our managers go about their daily lives at this point or participate in structuring, making offers on and closing deals, which is where the real money is made. If this seems like a lot, it is but, it's also simple once you know how. And once you do, we will pay you based on a sliding scale determined by how much work you did along the pay, paid at our purchase closing, usually 7 - 14 days from going under contract.

Contact us to find out more.

 

 


Find out what down-payment assistance programs you may qualify for!


Small Atlanta SFR Portfolio – 8 Properties

Great SFR portfolio, featuring a mix of properties in several great Atlanta neighborhoods. The seller manages over 500 single family homes in the Metro Atlanta area and renovations completed to meet or exceed Housing Authority requirements. Great opportunity to acquire a very stable and easy to get fully performing portfolio!

Asking price: $829,408.00 ($104k per door, median estimated home value $326k)

Financials & Assumptions (third-party figures)

Net Operating Income: $63,674
Expense Load: 33.05%
Gross Yield: 11.36%
Net Yield: 7.68%
Cash on Cash Return: 7.68%
Rate of Return: 10.82%

Click here to get access to more information

Contact Norberto at 719-453-8690 to express your interest. NCND required.

We do not own or control the assets offered herein. The offering is via third-party with whom we have a direct relationship. Asking and/or final sale price is/will be inclusive of a 5% buyer premium. The information provided is deemed reliable but not guaranteed. Buyer due diligence required.


Is It Worth It?

Dream Big Things

What's Its Worth?

Understandably, clients want to know "What's it worth" or "what will it appraise for"? Where an experienced real estate practitioner will only answer, what a "ready, able and willing or ready, willing and able" buyer will pay, is the answer to "What's it worth" and "What will it appraise for" the same?

Worth is intrinsic or sentimental, which doesn't apply very well to a very technical appraisal. For example, where installing air conditioning will not give a dollar for dollar return, it's worth its weight in gold to someone from a hot or humid climate, even when the climate they are in now is not. On the other hand, the value of a 1,500 sq ft ranch with 3 beds, 2 baths, and a 2 car garage is reasonably determined.

Value and Price

Equal parts art and science, there are many moving parts to a real estate valuation. Amenities such as mountain views and landscaping are harder to price than a bedroom or garage space might be.

A real estate broker licensee may only give an opinion on price, which cannot be used for loan purposes and only an appraiser can decide value.

Multi-unit or Single Family?

Which are better, multi-unit or single family investments? Well, it depends. Where a multi-unit asset may offer more immediate cash flow, a single-family asset may appreciate better over time. Also, consider the amount of deployable cash. Priced at roughly $100k a unit and normally requiring 25% down from non-owner occupants, it will take something close to $110k to acquire a modestly priced fourplex, where the modestly priced single-family need is closer to $55k.

Finally, because multi-family units have that many more carpets, walls, water heaters, furnaces, etc., not to mention more turnover than single-family, there's a case for the relative stability and universal appeal of one over the other.

It Starts at Home

Often overlooked, financing options that offer as little as zero to as much as 5% down that exist for military, veterans, and non-veterans alike allow anyone to start building a real estate empire, right from home.

Once minimum occupancy requirements are met (two years recommended to avoid capital gains), a determined homeowner can amass a sizable portfolio in a 20 - 30-year investment career. Add the benefit of tenants paying each mortgage payment with rent and it's easy to see the ability real estate has to create wealth.

Is it Worth It?

With the risk and rewards of the various investment vehicles properly weighed, most of which do not offer the leverage that real estate does and none that offer the same intrinsic value, it's no wonder there's more wealth made in real estate than other market segments.

Consider this. We decide to create future wealth and start with a $250,000 investment. After comparing stocks, bonds, mutual funds, REITs and physical real estate, we find only one that allows us to control a $250,000 asset with as little as $17,500, real estate. Given a modest rate of appreciation of 5%, the asset may very well have a value of $663,324 after 20 years, while someone else has dutifully paid your mortgage in the form of rent.

Destination: Long-Term Wealth

In it for the long haul, we dutifully take care of our investment while taking advantage of principal reduction, appreciation, and depreciation for the scheduled twenty years. Add $360,000 in payments made over time to the initial investment of $17,500 and, for a total of $378,000 we now have at least one asset that can be used to fund retirement, pay for college education or whatever else is important. Can you imagine if this process is repeated once every few years, each acquisition becoming your primary residence and the last one a rental? How will your balance sheet look after slowly adding five, ten of these in your portfolio?

Not to mention, the further you can buy the real estate from its market value, the easier it is to finance. For example, what if you learned there was a way to borrow the money to finance and rehab real estate with no money out-of-pocket?

What do you think? Is it worth it?

Norberto Villanueva is a licensed REALTOR and investment specialist with Atlas Real Estate Group, a real estate investment and brokerage focused on financial autonomy. In addition, he brokers private and institutional capital for non-owner occupants and is an active real estate investor. 


Behind the News: Blockchain explained | Colorado Springs Business Journal

A simple explanation of blockchain

via Behind the News: Blockchain explained | Colorado Springs Business Journal

About a month ago, I had the opportunity to visit with a young wholesaler hungry to enter the business of real estate investment. When asked how much cash he and his partner had, he responded with $80k in Bitcoin. I recommended cashing in that coin to ensure there would indeed be that much to work with when appropriate.

Today, he informs me the $80k became $30k. Given the spectacular returns being touted with Bitcoin, who knows how much if any of it is true but, there is something to be said about the speculative, highly fluctuating nature of the intangibility of digital currencies, incomparable to the equally tangible, somewhat predictable returns consistently seen in real estate.

This is not to say one should (or should not) invest in one or the other, per se but to stress the importance of diversification and careful analysis required with any investment strategy.


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