WholesaleDenverDeals.com

Secret Denver Real Estate Deals

Wholesale house in Englewood | 2/1 at Delaware & Yale

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Wholesale house in Englewood

I have a wholesale deal you may be interested in. This house is currently occupied so please do not disturb the owner. They will be moving soon.
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This house has all the options. It is rent ready right now with minimal repairs. Update it for a quick 2/1 flip, or add an easy master suit off the back side to make this a 3/2.
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SOLD
ARV as a 2/1 is $185,000
ARV as a 3/2 is $235,000 (There’s one on the market now for $269k)
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1000 sqft
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Zilpy says the rents are $910 for a 2/1
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If you ready this far let me give you some wow. The roof and gutters are new, and not those cheap three tab shingles either. The furnace is also pretty new.
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This house is close to Yale. Not far from the shops an Hampden and Broadway. And very close to the light rail stops.
There has been a lot of remodels and new construction in the area. This is a great wholesale house in Englewood.
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If your interested email me or call
Tom Spaeth
303-881-6293
tom@easalproperties.com
www.WholesaleDenverDeals.com

Wholesale Denver Property Real Estate Trends | 2009

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I have been doing some research on property trends in Denver. I thought you might like to see this info. Best of luck investing in 2010.

Real Estate Trends Comparing November 2008 to November 2009

Price Range

$1,000

Days on Market

Sold Last Yr

Months Inventory

Inventory Trend

Price Change

<85

18

2807

0.8

No change

14%

85-135

67

4551

1.8

down

11%

135-210

198

8186

2.9

down

6%

210-315

361

8548

5.1

up

-2%

315-460

303

4847

7.5

up

-5%

>460

887

2820

20

very up

-14%

For Properties under $150k, Reo’s are going to be harder to come by. The market for $150k to $250k is probably going to build this year. However, there are no guarantees. We do not know what the government or banks have plans to do in 2010.

REO sales are down 50% as a percent of total sales from last year. Short sales are on the rise. Quantity of homes on the market by regular sellers continues to trend down as it has for the last for five years.

A majority of REO’s have selling on average 10.5% over list price if sold within 5 days. And still average 5% over list if sold after 5 days on market. Just a sign that there are more people chasing fewer deals.

Central Denver itself is a great market.

Wholesale Price in Aurora | 7th Ave in Aurora

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Street View

Street View

– 7th Ave Aurora Wholesale Deal

This will go quick so act fast! Hot Area for fix ups.

For Sale –  Waiting on the Bank
Great  flip or hold deal!
4 Bedrooms
1 Full Bath
1,130 Sq/Ft plus an enclosed porch

Living Room

Living Room

I have a 4 bed 1 bath 1130 sqft home that is  available. This is a 2 story home. It will make a great rental or a fix andflip. It is in great condition needing just paint and carpeting for a rental. This house was fixed up for a retail sale less than three years ago. The furnace and electrical service have already been replaced. The kitchen cabinetsand counters were also replaced at that time.  So it would be a quickIt is in Aurora in the Burns subdivision near Fitzsimmons.

Right down the street another investor is currently working on a fix and flip. You could be next.

If you are a cash buyer and you are ready to purchase email or call.

I always have deals all over the metro area that I am working on. If you would
like to get first notice then sign up for my email list on www.wholesaledenverdeals.com.
I send a list out any time I get a new property for sale.

www.wholesaledenverdeals.com

Tom Spaeth
303-881-6293
Tom@easalproperties.com

6th at Havana, 80010

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