Using Self-Directed Retirement Plans to Buy Real Estate
August 28, 2009 by Bob Schenkenberger · 2 Comments
A growing trend is developing where investors are seizing the opportunity created by the nationwide housing slump. The trend is using IRA monies to buy these homes! This strategy could be a perfect fit for your portfolio woes. The IRS allows all types of real estate to be purchased by an IRA. Including single family, [...]
Is it Economic or Psychologic?
December 5, 2008 by Bob Schenkenberger · 1 Comment
According to an article in the Rocky Mountain News, foreclosures will be down significantly in 2008 vs. 2007. There were 14 percent fewer completed foreclosures in the first nine months of this year compared to the same period in 2007, according to the report released on Thursday by the Colorado Department of Local Affairs’ Division [...]
Denver Investment Property HOT SPOT
December 2, 2008 by Bob Schenkenberger · 1 Comment
For almost a year, the Get Home Denver Team has been advising our investor clients to get into the game. While the rest of the country has been experiencing the massive devaluation of real estate, the Denver Market has (In my opinion) neared bottom, and has stabalized substantially over the past 12 months. In fact, [...]
Inventory Drops, AGAIN!
November 8, 2008 by Bob Schenkenberger · 2 Comments
The number of unsold homes in the Denver area continues to decline. In October there were 23,120 homes on the market, a 20.1% drop from 2007! Inventory hasn’t been this low since January 2005, when there was slightly less than 21,000 homes available. One of the primary reasons for the lessening inventory is the fact [...]
Denver Top 10 for Investment Opportunity
October 23, 2008 by Bob Schenkenberger · 3 Comments
The Denver Business Journal reported: HomeVestors of America Inc. ranked Denver No. 6 on its list of top 10 markets for residential real estate investing in the third quarter… Based on HomeVestors data, the best U.S. markets for home sales, in order, are: (1.) Dallas (2.) Houston, Texas (3.) Fort Worth, Texas (4.) Atlanta, Georgia [...]
Wall Street Screwed Main St. (and themselves!)
October 10, 2008 by Bob Schenkenberger · Leave a Comment
The subprime mortgage mess, and questionable lending practices may have started this debacle, but the Wall Street brain trust are to blame for the full blown financial meltdown. Greed and suspect ethics are the reason the financial infrastructure of this country is in a state of chaos. But instead of letting these companies be cannabalized [...]
Invest Like Warren Buffett
October 1, 2008 by Bob Schenkenberger · Leave a Comment
Invest in Denver Area Real Estate? Since the beginning of the year we’ve been telling our clients that now is the time to start investing in Denver area real estate. Here are some of the past articles. The Rich Get Richer Investment Trends Some things to consider Prices are 10%-25% lower currently than they were [...]
Lenders Becoming More Conservative!
September 9, 2008 by Bob Schenkenberger · Leave a Comment
Fannie Mae has announced that they are lowering the maximum loan-to-value (LTV) ratios for a number of loan types. The three changes that will have the most impact follow: Principal residence, cash-out refinance: Current max is 90%, new max is 85%. This means that if you refinance your primary residence, you can’t get more than [...]
What it’s Like Dealing with Foreclosures & Short Sales
August 25, 2008 by Bob Schenkenberger · 2 Comments
I saw this video, laughed out loud, and immediately though that this is what I feel like dealing with the incompetence among the countries big lenders. Stonewalled and ran around, day after day, their actions and attitudes communicate an overwhelming aire of indifference! [Read examples from previous posts here and here ] If you are [...]
Wholesale Real Estate Makes News – Finally!
August 22, 2008 by Mike Whalen · Leave a Comment
< ![endif]–> If you are a regular subscriber to BlogHomeDenver than this is old news to you; for everyone else, The Denver Post recently published an article touching on some of the incredible deals for investment buyers in the current real estate market. The current credit crisis and difficulties in the national real estate market [...]
