Porch Ideas

Colorado is blessed with sunny days and we love to enjoy our outdoor living spaces.  House Logic provides 5 budget-friendly ideas to remodel your front porch to add value and get more enjoyment from the great outdoors.  From adding architectural elements to creative ideas like painting the floor, you'll be inspired to make a few updates for your enjoyment, or to create curb appeal to sell your home.  Read Five Porch Ideas Under $500, and please let me know if you have some ideas to share!

Renovate or Relocate?

A popular question at one time or another for homeowners, do you fix up your current home, or move into a new one.  As your life changes, your needs from your home can change too.  CNN Money suggest five key questions to ask before making this decision.  The real estate market is hot, as is the remodeling market.  Is selling a realistic option?  You can answer this question by assessing the prospects in the market.  I can help you with this one.  Consider what you need from a new home and how your neighborhood compares to others in the area.  Then determine if renovating is an option and if you could get the home you want from remodeling your current home.  Read the article Renovate or Relocate at CNN Money and contact me if you'd like any advice on your home.

Foothills Mall Redevelopment Passes

Northern Colorado seems to be creating a trend with redevelopment of shopping centers.  First, the 29th Street Mall, plans were recently approved for Longmont's Twin Peaks Mall and now Fort Collins has stepped in passing developer's plans for a $312 million redevelopment of the Foothills Mall.  Approval includes many environmental considerations and guidelines.  From the Coloradoan:  "Their plan to tear down most of the building to add green space and new entertainment options creates a new way to reuse that central land instead of sprawling out over greener pastures.  A new Youth Activity Center will replaces the old facility. Apartments and townhomes placed around the edges of the property will help make for a more walkable community. And, of course, there’s the fact that shopping options will undoubtedly improve." 

We look forward to seeing the redevelopment and growth in our neighbor Northern Colorado town.  

iPad Seminar and Shred-A-Thon

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Property Flipping Is Still Profitable

Denver is still a profitable market for property flippers (buying, rehabbing and reselling homes for a profit, usually within 90 days), ranking 25th in the country according to RealtyTrac.  Typical investors gained about a 10% gross profit in the sale of their property.  Flipping homes will continue to be favorable for investors in 2013 as home prices continue to rise.  While buying rental properties still offer a solid rate of return, even buy-and-hold investors typically flip properties periodically to fund their ongoing rental purchases.   The Boulder market is a unique real estate market, but there are still opportunities for rental investment properties and flipping, but like any area, you need to do your homework.

Chamberlin Investment Group specializes in these investment strategies.  If you'd like to learn more about investing, rental market or rehabbing homes for selling, or properties that we currently have, please contact me.  I love working with new and experienced real estate investors.