Category: Pueblo Lessons
$24.36 Per Square Foot in Pueblo
January 5th, 2009Here's another Pueblo property that was submitted by a user that we will use as a teaching tool for our Pueblo, Colorado Real Estate Resources real estate investors. The property address, in case you want to look into it in more detail is: 1512 E 5th St, Pueblo, CO 81001.
This 2/1.00 944 square foot property has an asking price of $23,000, 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 |
| $27,600 (120%) | $29.24/square foot |
| $26,450 (115%) | $28.02/square foot |
| $25,300 (110%) | $26.80/square foot |
| $24,150 (105%) | $25.58/square foot |
| $23,000 Full Price | $24.36/square foot |
| $21,850 (95%) | $23.15/square foot |
| $20,700 (90%) | $21.93/square foot |
| $19,550 (85%) | $20.71/square foot |
| $18,400 (80%) | $19.49/square foot |
As you can see from the table above, if you know what a typical Pueblo 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.
So you've finally done it - you've put out a ton of marekting and your phone's ringing off the hook. Now what are you going to do? Find out proven systems for dealing effectively with a large volume of leads in Managing Your Motivated Seller Calls. Among other things, you'll learn the benefits of having an automated 24-hour information line. Don't let your leads in Pueblo go to waste, check out this audio course today.
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!
Pueblo Discounted Property: $19,667 Per Bedroom
December 30th, 2008I want to share with you some information about a property in Pueblo located at 732 S Walton Dr. 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.
This 3/2.00 1,200 square foot property has an asking price of $59,000, 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 |
| $70,800 (120%) | $23,600/bedroom |
| $67,850 (115%) | $22,617/bedroom |
| $64,900 (110%) | $21,633/bedroom |
| $61,950 (105%) | $20,650/bedroom |
| $59,000 Full Price | $19,667/bedroom |
| $56,050 (95%) | $18,683/bedroom |
| $53,100 (90%) | $17,700/bedroom |
| $50,150 (85%) | $16,717/bedroom |
| $47,200 (80%) | $15,733/bedroom |
As you can see from the table above, if you know that rents in Pueblo 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.
Perhaps you've struggled with finding enough good deals in Pueblo. Well, the single most important step to take is to start marketing! If you need help figuring out where to start, please look at our Marketing to Buy Resource on the Real Estate Investor Cookbook.
Keep on investing Pueblo,
James
Get priority e-mail notifications of new real estate deals, a FREE real estate course and more real estate investor articles. Click here!
3.4% Appreciation Rate for Pueblo
December 28th, 2008I want to share with you some information about a property in Pueblo located at 1711 Johneva St. 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.
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: 3.4% | |
| At Purchase | $53,768 |
| Year 1 | $55,596 |
| Year 2 | $57,486 |
| Year 3 | $59,441 |
| Year 4 | $61,462 |
| Year 5 | $63,552 |
| Year 6 | $65,712 |
| Year 7 | $67,947 |
| Year 8 | $70,257 |
| Year 9 | $72,646 |
As you can see from the table above, if we assume an appreciation rate of 3.4% per year, then the property value eventually reaches $72,646 after 10 years.
Are you the weekend warrior type of investor? If so, you could seriously benefit from having an investment savvy real estate agent in your corner helping you to find deals worth your valuable time (and ultimately money). With all the deals in Pueblo you need to look at before you even find ones that meet your basic criteria, it makes sense to get some help from a realtor that understands your personal investing needs.
Keep on investing Pueblo,
James
Get priority e-mail notifications of new real estate deals, a FREE real estate course and more real estate investor articles. Click here!
Pueblo Deal: $46.02 Per Square Foot
December 27th, 2008Here's another Pueblo property that was submitted by a user that we will use as a teaching tool for our Pueblo, Colorado Real Estate Resources real estate investors. The property address, in case you want to look into it in more detail is: 3010 Winnipeg St, Pueblo, CO 81004.
I am going to do do some calculations on this Pueblo property. It is a 2 bedroom, 2.00 bathroom property located at 3010 Winnipeg St that has an asking price of $41,600.
| Price Paid (% of Asking Price) | Price/Square Foot |
| $49,920 (120%) | $55.22/square foot |
| $47,840 (115%) | $52.92/square foot |
| $45,760 (110%) | $50.62/square foot |
| $43,680 (105%) | $48.32/square foot |
| $41,600 Full Price | $46.02/square foot |
| $39,520 (95%) | $43.72/square foot |
| $37,440 (90%) | $41.42/square foot |
| $35,360 (85%) | $39.12/square foot |
| $33,280 (80%) | $36.81/square foot |
As you can see from the table above, if you know what a typical Pueblo 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.
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 Pueblo can only improve your investing business.
Keep on investing Pueblo,
James
Get priority e-mail notifications of new real estate deals, a FREE real estate course and more real estate investor articles. Click here!
Pueblo Price Per Bedroom Analysis on Pueblo, CO Real Estate Deal
December 23rd, 2008I want to share with you some information about a property in Pueblo located at 1607 Zuni Rd. 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 4 bedroom, 2.00 bathroom property has an asking price of $92,700, 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 |
| $111,240 (120%) | $27,810/bedroom |
| $106,605 (115%) | $26,651/bedroom |
| $101,970 (110%) | $25,493/bedroom |
| $97,335 (105%) | $24,334/bedroom |
| $92,700 Full Price | $23,175/bedroom |
| $88,065 (95%) | $22,016/bedroom |
| $83,430 (90%) | $20,858/bedroom |
| $78,795 (85%) | $19,699/bedroom |
| $74,160 (80%) | $18,540/bedroom |
As you can see from the table above, if you know that rents in Pueblo 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.
As you sift through deals like this one at 1607 Zuni Rd, looking for a great property to invest in, do you know how you will fund that killer deal when you find it? You may be interested in learning about how to raise private money in Pueblo so that you will be ready to buy without delay when you discover your next deal.
Keep on investing Pueblo,
James
Get priority e-mail notifications of new real estate deals, a FREE real estate course and more real estate investor articles. Click here!
Pueblo Distressed Property: $22,450 Per Bedroom
December 21st, 2008I want to share with you some information about a property in Pueblo located at 1614 E 14th St. 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 $44,900, 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 |
| $53,880 (120%) | $26,940/bedroom |
| $51,635 (115%) | $25,817/bedroom |
| $49,390 (110%) | $24,695/bedroom |
| $47,145 (105%) | $23,573/bedroom |
| $44,900 Full Price | $22,450/bedroom |
| $42,655 (95%) | $21,328/bedroom |
| $40,410 (90%) | $20,205/bedroom |
| $38,165 (85%) | $19,083/bedroom |
| $35,920 (80%) | $17,960/bedroom |
As you can see from the table above, if you know that rents in Pueblo 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.
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 Pueblo, Colorado Real Estate Resources has used this technique many times in several diffent markets - trust us - it works.
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!
Pueblo, CO Real Estate Investing - Price Per Bedroom Analysis on Pueblo Deal
December 20th, 2008I want to share with you some information about a property in Pueblo located at 763 S Marcus Dr. 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.
This 3/2.00 1,100 square foot property has an asking price of $39,000, 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 |
| $46,800 (120%) | $15,600/bedroom |
| $44,850 (115%) | $14,950/bedroom |
| $42,900 (110%) | $14,300/bedroom |
| $40,950 (105%) | $13,650/bedroom |
| $39,000 Full Price | $13,000/bedroom |
| $37,050 (95%) | $12,350/bedroom |
| $35,100 (90%) | $11,700/bedroom |
| $33,150 (85%) | $11,050/bedroom |
| $31,200 (80%) | $10,400/bedroom |
As you can see from the table above, if you know that rents in Pueblo 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.
If you were interested in making an offer on a house like the one featured here at 763 S Marcus Dr, would you know how to evaluate what type of repairs that it may need? If you're not sure, you may want to check out the audio CD Introduction to Property Inspecting and Upkeep For the Beginning Real Estate Investor Volume #1.
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!
What Would a 5.5% Appreciation Rate in Pueblo Mean?
December 18th, 2008I want to share with you some information about a property in Pueblo located at 132 32 3/4 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.
In the table below I show what happens to the value with a modest appreciation rate. Can you have years where this (or any other property for that matter) go down in value? Yes. Might it not go up by as much as we are estimating? Yes. Can it go up by more? Yes. Only time will tell what will happen.
| Years From Now | Value |
| Assumed Appreciation Rate: 5.5% | |
| At Purchase | $93,895 |
| Year 1 | $99,059 |
| Year 2 | $104,507 |
| Year 3 | $110,255 |
| Year 4 | $116,319 |
| Year 5 | $122,717 |
| Year 6 | $129,466 |
| Year 7 | $136,587 |
| Year 8 | $144,099 |
| Year 9 | $152,025 |
As you can see from the table above, if we assume an appreciation rate of 5.5% per year, then the property value eventually reaches $152,025 after 10 years.
I also have additional information that Jassen recorded on audio CD on Selecting the Best Real Estate Deals. On the audio CD recording and members only password protected website Jassen covers determining Fair Market Value, how to find comparable sales, an overview of the 3 offers I typically make as well as some other additional information. If you're new to investing in Pueblo then you may be interested in checking that out as well as the other free articles and resources on the Pueblo, Colorado Real Estate Resources website.
Keep on investing Pueblo,
James
Get priority e-mail notifications of new real estate deals, a FREE real estate course and more real estate investor articles. Click here!