Archives for: November 2008, 07
What Would a 3.3% Appreciation Rate in Loveland Mean?
November 7th, 2008We just had a researcher submit some very basic information about a house for sale in Loveland 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 Loveland, Colorado Real Estate Resources is located at 1204 W 10Th St, Loveland, CO 80537.
In this particular example, let's take a look at what happens to the value of the property over a number of years from appreciation.
| Years From Now | Value |
| Assumed Appreciation Rate: 3.3% | |
| At Purchase | $130,158 |
| Year 1 | $134,453 |
| Year 2 | $138,890 |
| Year 3 | $143,474 |
| Year 4 | $148,208 |
| Year 5 | $153,099 |
| Year 6 | $158,151 |
| Year 7 | $163,370 |
| Year 8 | $168,762 |
| Year 9 | $174,331 |
As you can see from the table above, if we assume an appreciation rate of 3.3% per year, then the property value eventually reaches $174,331 after 10 years.
Are you looking for more ways to find deals? If your marketing arsenal is feeling a little depleted, check out Jassen's CD on Buying Houses with Oversize Post Cards. Knowing and implementing more methods to find deals in Loveland can only improve your investing business.
Until next time,
James
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Calling On FSBO Ads To Find Deals
November 7th, 2008Earlier today I found myself updating a new section on the Real Estate Investor Cookbook on For Sale By Owner Classified Ads and I was reminded just how effective calling on For Sale By Owner (often called FSBO) ads can be. While I personally prefer to spend money on marketing to get motivated sellers to call me with potential deals since I am willing to pay money to save myself some time, calling on FSBO ads can be a great method when you have more time than money for finding deals.
While calling on FSBO ads will result in your talking to a large number of un-motivated sellers, you will uncover a few motivated sellers during your calls. If you are wondering how many calls you might need to make, you can use the following as a general rule of thumb, but
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Only $8,700 Down, $100 Cash Flow and Instant Equity on Loveland Deal
November 7th, 2008We have analyzed this deal to see how this particular single family home in Loveland would be as a rental property. We try to research and analyze better than average deals for you to help save you time and money. You can read about what it is like researching properties for deals on your own in our article: Find Real Estate Deals is a Numbers Game.
Where is this property?
It is located in Loveland, CO. The property address is kept private to preserve the deals for our members. To work with our preferred investor friendly real estate agent/broker for this deal, contact us about Deal #3587 and they can give you the full details about this property and help you in purchasing it. This particular property was submitted to the Loveland Real Estate Resources Website featuring real estate investor articles and local deals.
Run your own analysis on this particular property. Use our new, FREE Offer Generator real estate investor tool to change our assumptions and use your own.
How did we find this property?
We found this property from one of our real estate investor friendly agents/brokers or one of the real estate investor wholesalers we know in the Loveland area.
Learn to find motivated sellers using marketing in Buying Houses with USPS Post Cards. This CD is included as part of the 68 CD Ultimate Real Estate Investor Package that you get when you purchase any house we promote on the website through our recommended real estate agent or broker. To work with our preferred investor friendly real estate agent/broker for this deal, contact us about real estate Deal #3587 and they can give you the full details about this property and help you in purchasing it.
The Story
Before we get into our full analysis, here is some of the interesting story for this particular deal:
This property was first listed in August for $150,800. The price has since been reduced multiple times. Just dropped again from the October list price of $105,600 to the new price of $87,000. It looks like it's time to make an offer. This is a short sale deal.
Property Details
- Bedrooms: 2
- Baths: 1.00
- Square Footage: 1,252 (see square footage estimates for info)
- All information is deemed reliable, but is pulled from tax records, real estate agent, zillow or the seller.
Income
- Gross Rent: $800/month (see Rent Estimates for more info)
- 4.00% Vacancy Adjustment: $32/month (see Vacancy Estimates for more info)
- Net Rent: $768/month
- NOTE: These numbers are for traditional rental income and NOT a rent-to-own. Rent-to-own analysis follows below.
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