November 2017

Found 14 blog entries for November 2017.

Duane Duggan is an award-winner Realtor and author of the book, “Realtor for Life.”

When searching for a real estate agent, you often come across their list of credentials including designations and certifications. Real estate designations are a jumble of letters that seem to have little or no meaning. However, they do in fact represent a higher level of education and knowledge, expertise, and professionalism. It is important that you become familiar with what these letters mean so you can find the right real estate agent qualified to serve your needs.

REALTOR®

All real estate licensees are not the same. Only real estate licensees who are members of the NATIONAL ASSOCIATION OF REALTORS® are properly called REALTORS®. REALTORS® are committed

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By Mary Huffman, Realtor, RE/MAX of Boulder

U.S. News ranked Colorado the No. 1 state to age in, solidifying its position as a state that has something to offer every age group.

Colorado has long been a haven for the young and active, most recently attracting tens of thousands of millennials each year. The state’s youthful population isn’t new – in the 1970s the state’s climate and beauty attracted active-lifestyle-loving Baby Boomers to its borders.

Now, many of those Boomers are entering the 65+ age group, causing Colorado's older population to grow faster than most others. Most of the growth between 2015 and 2020 will be in the 65‐74 year old age group, reports the Colorado State Demographer’s website.

“The aging population is growing

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Address                                                      Date                                    RE/MAX of Boulder Realtor          

4895 6th Street, Boulder                            Sat 1 – 3                               Rich Gribbon

5055 Ralston St – A, Boulder                     Sat 1 – 3                               Ann Cooper       

82 Benthaven Place, Boulder                     Sat 1-3, Sun 11-1                 Terri Cox             

235 Fox Drive, Boulder                               Sat 1 – 3                              Steve Altermatt

3601 Arapahoe Ave #304, Boulder             Sun 12 – 2                           Rich Gribbon      

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The tenth annual Boulder Valley Real Estate Conference will offer a packed day on Wednesday, November 29, exploring trends and shifting market conditions for Boulder County commercial and residential real estate.

Organized by BizWest and RE/MAX of Boulder, the event will deliver an intensive schedule of national keynote speakers and panels made up of local real estate experts and development officials.

(left to right) RE/MAX of Boulder Realtor and Author Duane Duggan, BizWest Publisher/Editor Chris Wood, and RE/MAX of Boulder Broker/Owner Jay Kalinski in a video podcast discussing the Boulder Valley Real Estate Conference.

 

More than 500 real estate professionals and anyone interested in the local real estate market are expected to

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The following article is a summary from the book, “Realtor for Life”, written by Duane Duggan. 

Fix and flips are incredibly popular on TV home shows and make these ventures look easy and highly profitable – but are they? In my previous article, “The Realties of Fix-and-Flips – Part 1,” I discussed building a team of experts, which you will need as you move forward with any renovation of a property.  I also provided a Cost Analysis Worksheet to help you assess the costs of the fix up.

 

Here are additional areas you will need to consider as you think carefully about undertaking a fix and flip.

Picking the right neighborhood

-Is another fix-up being done there?

-Check the quality of schools and amenities such as shopping and other

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Address                                                        Date                                     RE/MAX of Boulder Realtor            

24 Ridge View Rd, Nederland                       Sat 11 – 2                            John Chamberlin/Jason Meglich

1439 North St, Boulder                                  Sat/Sun 12 – 2                    Bill Allen             

1506 Green Pl, Longmont                             Sun 1:30 – 3                        Andrew Muller/John Hickey       

1917 Stonehenge Dr, Lafayette                    Sat 1:30 – 4                         Tammy Milano 

 

235 Fox Drive, Boulder                                  Sun 1 – 3                              Steve Altermatt                

5055 Ralston St

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Over the years, the thought of “fixing and flipping” has become highly popular. Perhaps this is because of the array of reality TV home shows that make it look so easy.  Many people think taking a run-down property and doing some fix-up can result in reaping a huge profit. In reality, you need to analyze each project carefully to make sure there is room to make a profit at all. There is risk in investing in real estate and doing renovations, but this information will help you manage that risk.

Fix-up properties can range from buying a 1,000 square-foot ranch and updating the basic systems to undertaking a major remodel with a “pop top”. The time and money it takes to renovate the property and the time it will take to sell the property are critical

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RE/MAX of Boulder has announced that Realtor® Sherrie Lee Mileski is the latest addition to the growing real estate office. Sherrie Lee brings to RE/MAX of Boulder more than 12 years of real estate experience in luxury homes, new construction and investment properties. She was formerly the Broker/Owner of her own RE/MAX office in northern New Mexico and has been consistently ranked as a top Realtor® among her peers.

She is an avid hiker, biker, singer, songwriter, and cook -- and loves spending time with her family and Blue Healer dog in her happy place, Louisville, while exploring the majestic Colorado backcountry. 

“I am deeply honored and humbled to join the #1 real estate office and network in the U.S. This wonderful transition has helped me

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The following article is a summary from the book, “Realtor for Life,” written by Duane Duggan.

There are several rules of thumb that help you compare different investment properties. The perfect comparison would account for all factors involved in a real estate investment: rent amounts, purchase price, initial investment, appreciation, depreciation, expenses, loan amount, holding period, time value of money, exact future sales price and tax liability upon sale. None of the following methods are “perfect” comparisons. They all have their advantages and disadvantages. 

Gross Rent Multiplier (GRM)

The most commonly used rule of thumb is called the gross rent multiplier. It simply compares the price of the property to the annual gross rent. Part

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Address                                                       Date                                   RE/MAX of Boulder Realtor            

4161 Westcliffe Ct, Boulder                         Sat 11 – 1                            Brian Sundberg

1405 Cypress Circle, Lafayette                   Sat/Sun 12 – 2                    Gene Hayden

14636 Gaylord Street, Thornton                  Sat 12 – 3                           Tammy Milano 

5360 Lichen Place, Boulder                         Sat 1 – 3                             Jeptha Sheene   

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3981 Promontory Ct, Boulder                      Sun 11 – 1                           Brian Sundberg                

385 Erie Drive, Boulder                               Sun 2 – 4   

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