The old saying that “all real estate is local” is true.  All markets behave differently. Because of this, any talk of a real estate “bubble” on a national level, like the Dot Com meltdown, is highly unlikely.

Success in real estate investing means buying low, selling high and keeping as much of the difference as you can.  This is easier said than done.  The key is to buy at the right point in the real estate cycle (before the market has peaked).  To do this you will need to pay careful attention to the trends.

These are the 5 major trends to watch if you are attempting to time an investment in your local residential real estate market.

1.MIGRATION. People are always moving into and out of any city in America. However, in a given market, if when you subtract the two  the net in-migration figure is higher and trending upward, that is a sign it is time to buy.

2.CONSTRUCTION. Construction activity in and of itself does not mean it is time to buy, particularly if there is already an over-supply, but if the home builders in your local market cannot keep up with demand, it is a sign to buy.

3.JOBS. New jobs bring life-blood into a local economy. Regardless of the kind of job, the workers will need a place to live. Lower paying, blue collar type jobs tend to be the renters and the higher paying jobs will be creating demand for new single family homes. Watch where companies are relocating or expanding. Job growth that is trending upward is a sign to buy.

4.DIRECTION OF DEVELOPMENT. The best location to buy in a local market is wherever the path of progress is heading. The best time to buy in that path is shortly before the progress has gotten there, before the prices are too high and the best areas are developed.

5.INTEREST RATES. Ok, this trend is not just for local markets, but it is too important not to mention. If rates are trending upward, it will generally not be a good time to buy -- for much longer-- because it causes mortgages to become too expensive and it will eventually cool demand.       

We have personally been involved in investing in real estate for the last 8 years and have had many successes and a few headaches.  We have studied and learned much through experience along the way and our passion for putting together real estate deals to help others achieve financial freedom has only increased.  

Wherever you may be at in the process, chances are we have been there too and can relate.  Whether you are a beginner, still trying to learn and work up the courage to do your first deal, or a seasoned, savvy investor who is just looking to add someone to their network who can bring them good deals...we are ready to add value and help you reach your goals through Colorado Springs Real Estate.   

Investors Wanted!!  

Life House Realty can help you find, buy or sell Colorado Springs investment property.  Why invest in the Pikes Peak area? If you enjoy seeing your investments appreciate, this has been a great market for that and should continue to. 

We are compiling a list of investors who want to be notified when we come across great deals. Please let us know if you would like to be a part of it.  Finding great investment deals in a competitive market like we have in Colorado Springs is challenging, but it happens all the time.  Let us help you build your nest egg.

Despite the hot market and competition from other investors and home buyers, not every house sells for what its worth. There are still sellers out there with problems that make it impossible to sell quickly (or at least quickly enough to meet the seller's needs!) or for full price. It's these sellers that you want to work with, because, in solving their problems, you will be able to make a profit from their properties.  I can help you find these sellers and these homes. Perhaps you are not even looking to flip or rent the property but just looking for your own home in Colorado Springs and would like some instant equity, there are deals we come across every day which are 5 - 10% undervalued. With a skilled agent searching the deals for you and negotiating on price and terms, you can end up saving $10,000 - $50,000 on many of these homes. You should always try to make money in real estate when you BUY. Saving money on the front-end through wise investing is key.  Whatever appreciation you realize before you sell is just the icing on the cake.

Are you an out of state Real Estate investor looking to diversify your portfolio and invest in Colorado Springs property ?  Take advantage of our "Investor Concierge" service which includes FREE Transportation from the Airport while you are in town to preview investment opportunities.

We offer a complete turn-key, one-stop-shop solution for the out of state investor.

As part of the service, we will:

*Research properties and match the best available, undervalued properties to your criteria. 
*Preview the properties you are interested in and email you pictures and comps.
*When you are ready to come out to view any opportunities and learn more about the area market, we will arrange for your transportation from the airport, show you the properties and the entire area and supply you with a welcome package. 
*Introduce you to our preferred list of local lenders, property managers, handymen, insurance agents, general contractors, home inspectors, lawyers, etc. 
*Negotiate the best price and terms for you on the properties you select and ensure a smooth transaction from start to finish.

All of this is absolutely free to you and offered exclusively by the Life House Realty team.

(requires signing exclusive agency agreement)

Most real estate investors start out with great intentions of becoming well-informed before getting themselves into a deal.  They watch infomercials, read books, listen to tapes or cd's, scour the real estate ads in the Sunday paper and attend seminars.  Then, too often, they quit or start repeating the research process indefinitely. 

Don't misunderstand me, I think that educating yourself and doing all the due dilligence is critical and would recommend it to everyone before rushing into an investment.  I also think you should never stop learning and it's always good to brush up on the latest news and techniques that are out there.  Sometimes just one piece of information can lead to a lot of money if you put it to use.  Ahh, that is the key.  Putting it to use.  Real Estate knowledge for its own sake is not of much use.  But if you combine that knowledge with action and allow it to shape your decision making then you are on your way.   

So if you find yourself in perpetual research mode, always learning and never acting, then you may be crossing the line into "Paralysis by Analysis". 

Common causes of Paralysis by Analysis...
 
*Fear of making a mistake (it is often easier to buy yourself time by appearing busy with research or just dreaming than to make a decision and risk something).
*Insisting that everything be perfect before you make a move (it will never be the perfect time. There will always be one more book to read, one more seminar to attend. You don't have to hit a 'home run' with every investment. Hitting 'singles' will get you where you want to be).
*Lack of goals (if you are not sure what you really want, then you probably lack the motivation to get there). 
*Conflicting information (if you are receiving input from numerous sources, chances are you are also getting some conflicting advice about the best way to invest. Some gurus swear the best way to make money is with multi-family, others swear by ugly homes or new construction or foreclosures or flipping or buy and hold or lease/options, etc. There is a lot of information out there. Ignore most of it). 

What is the cure?

Set realistic goals with deadlines. Write them down. Take Action!

There are many ways to make money in real estate.  Do your research, find one you are comfortable with, assemble your team and take action.  Don't confuse or substitute activity with accomplishment. Is it possible not to succeed in real estate investing ? Absolutely.  But merely talking, analyzing and dreaming about it without taking action are guarantees you will not make any money.

When you are ready to make a Smart Move and take action, we are here to assist you.          

Want to do more research on Investing ?

Click here for 500 + Real Estate Investing Articles ! FREE Resource!