EPA Lead Paint Rule | 2011 Update

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Lead Based Paint Certification 2011 Update:  This is an update from last year’s post on EPA Lead Based Paint program.  There have been reports of some enforcement of these regulations despite widespread misunderstanding and lack of knowledge amongst the public and service providers.  Following are some update links for real estate professionals to consider: EPA [...]

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Housing 2.0 | The New Rental Economy

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Morgan Stanley issues a report on single family houses as a investment strategy for institutional and private equity This is an interesting news story and video about institutional investors buying single family housing assets.  Note the differences between the company “salesman” and the analyst’s comments and opinions.  Following are some key points from the story: [...]

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Q2 2011 Income Property Statistics and Trends | 2 or More Units

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Denver Income Property Q2 | 1H 2011 Real Estate Statistics NOW is a great time to be a real estate investor in Denver.  If you’ve been buying rental property during this opportunistic period unmatched since the 1980’s, you are now enjoying the following: Zero effective vacancy rates (actual is less than 2%); Record high rents [...]

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Asset Protection and Taxes for Real Estate Dealers and Professionals

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TAXES Real Estate CYA “Cover Your Assets” Tax for Real Estate Investors Meeting Notes I don’t think anybody would expect an “asset protection and taxes for real estate seminar” to be exciting, but we had overwhelming response and interest in this topic from both investors and brokers.  Attendees were riveted for more than two hours [...]

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Owner Carry Bill Rocks! HB-1022 – Seller Financing of Real Property

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Colorado Seller Financing Bill Will Allow Owner Carry on Second Home Mortgages and Residential Investment Properties  | On behalf of lifestyle property buyers, sellers and real estate investors, the Colorado Association of REALTORS® is working with Rep. Ray Scott (R-Grand Junction) and Sen. John Morse (D-Colorado Springs) on a bill that makes changes to Colorado [...]

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Foreclosure Rule Changes Short Sale Flipping

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Colorado Foreclosure Protection Act Updated with New Disclosures  | The Colorado Legislature passed House Bill 10-1133, signed by Governor Ritter in June 2010 and effective January 1, 2011 which mandates new disclosures for investors (called “Equity Purchasers” in the Foreclosure Act legislation) who are flipping short sale properties.  The key text from the actual bill [...]

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Denver Real Estate Market Report

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September 2010 Metro Market Report Single Family (Residential + Condo), Denver CO Inventory was 23,332 units at the end of Sep 2010 Compared with prior month, available inventory is up 1% Up 18% compared with year ago Under contract listings were at 3,645 units Down 4% compared with prior month Down 30% compared with Sep [...]

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HUD Proposes Seller Financing Rules

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Elimination of Owner Carry Mortgages Disastrous Attention all real estate investors!  HUD is proposing to eliminate ALL seller financing with two lame exceptions: Seller lives in the home, or Seller becomes a licensed mortgage originator Passed last year, the federal SAFE mortgage act passed last year preserved the right for sellers to make up to five [...]

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FHA 90 Day Flipping Rule Waiver

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FHA Flip Rule Waived for 1 Year! This will be music to investor’s ears everywhere!  We no longer have to wait and plan to hold for 91 days to contract and sell fix and flip projects to first-time home buyers.   This will translate to lower holding costs, more projects, and higher quality inventory for buyers.  [...]

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A Tale of Two Title Companies

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One of the Craziest, Weirdest Wholesale Deals Ever This is a wild story, even for seasoned real estate investors. It’s a bit long, so you might want to get comfortable, grab a cup of coffee or a beer (depending on the time of day). Read it and weep. And then cheer at the end. One [...]

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