Check out this video about what you can do with a bank owned foreclosed mult-unit property to generate great returns.  This 8plex generates a 26% NET ROI with a $3000/month NET positive cashflow.  Not a bad deal given the state of the economy.  Opportunities like this don’t come around very often.  With foreclosures high and rental demand up, this is the time to pad your wallet with income producing properties unlike so many other poor performing assets . . . such as stocks.  If your in the market to consider investment property acquisition, whether it be fix ‘n flip or fix ‘n hold, single family homes or plex properties, give me a call at 719-321-7600 Colorado Springs or in Denver at 720-373-0654.  Great deals are around now . . . but don’t count on them lasting forever.

3006-3008 Illinois Ave, Colorado Springs, CO

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Gorgeous home in Stonecliff featuring a truly private wooded and private setting.  Built in 2006, this home has never been lived in.  Take a look at the pics and property details here.  To schedule a private showing, call Cheryl at 719-321-7600.

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The Southern Colorado Economic Forum met last week and indicated that the recession is over and Colorado Springs should begin an economic recovery in 2010.  With the troops moving in and unemployment slowing, Colorado Springs appears to be on it’s way to recovery.  Read more here.

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