All
Members
Companies
Blog
Forums
Podcast
Webinars
    User Log in  /  Sign up
  • Forums
    Newest Posts Trending Discussions Followed Forums Real Estate News & Current Events General Landlording & Rental Properties Buying & Selling Real Estate Deal Analysis See All
  • Education

    Read

    BiggerPockets Blog BPInsights: Expert Analysis Guides Glossary Reviews Member Blogs

    Watch

    Webinars Video Library Financial Independence Blueprint Intro to Real Estate: Rentals

    Listen

    BiggerPockets Real Estate Podcast BiggerPockets Money Podcast BiggerPockets Business Podcast Real Estate Rookie Podcast Daily Podcast (Audio Blog)

    Topics

    Business Operations Finance Finding Deals Property Management Property Types Strategy
  • Network

    Recommended Vendors

    Real Estate Agents Mortgage Lenders Companies Hard Money Lenders Contractors Investment Companies

    Search

    Members Events Jobs
  • Tools

    Calculators

    Rental Property Fix and Flip BRRRR Rehab Estimator
    Wholesaling Mortgage Payment 70% Rule Airbnb

    Services

    BPInsights: Property Insights Tenant Screening Property Management Lease Agreement Packages

    New Feature

    BPInsights (beta)

    Quickly analyze a property address or ZIP Code to compare your rent in your neighborhood.

    Analyze a property
  • Find Deals
    Real Estate Listings Find Foreclosures External Link Ads, Jobs, and Other
  • Bookstore

    Real Estate Books

    Profit Like The Pros Bidding to Buy See all books

    Featured Book

    BiggerPockets Wealth Magazine book cover
    BiggerPockets Wealth Magazine

    Written by financial journalists and data scientists, get 60+ pages of newsworthy content, expert-driven advice, and data-backed research written in a clear way to help you navigate your tough investment decisions in an ever-changing financial climate! Subscribe today and get the Oct/Nov issue delivered to your door!

    Get the Magazine
  • Pricing
Log In Sign up
User
Quick search links
Podcast Hard Money Lenders Books Washington
ForumsArrowColorado Springs Real Estate ForumArrowLooking For Hoarder House/Full Rehab in Colorado Springs
  • Newest Posts
    • Newest Posts
    • Unanswered Discussions
  • Trending
    • Top Discussions
    • Trending Discussions
  • Browse Forums
Search Nova
Create post

Looking For Hoarder House/Full Rehab in Colorado Springs

2 Replies

  • Share on Facebook
  • Share on Twitter
  • Share on LinkedIn
Rotate Log in or sign up to reply
user profile avatar
  • Posts 63
  • Votes 39

Spencer Abeyta
Property Manager from Colorado Springs, CO

posted 3 months ago

Hello all. I'm moving back down to Colorado Springs from CSU Fort Collins at the end of the year and I'm looking for a hoarder house to fix up and move into. I've already flipped two hoarder houses so the mess isn't the problem its just finding an deal(isn't it always lol). 

I have creative financing options available to me so that's not an issue. If anyone has a property in the Springs that is too much work for them maybe it would be perfect for me.

I know hoarding is a mental illness so it can be difficult to approach but at the same time I do see the opportunity it represents in real estate. Does anyone have any advise on how to market towards people or families of people dealing with hoarding?

Rotate Log in or sign up to reply
user profile avatar
Check Rosette Top Subjects:
Team, Real Estate Finance, and Rentals
  • Posts 855
  • Votes 362

Colin Smith
Realtor from Colorado Springs, CO

replied 3 months ago

These sorts of deals are the same deals many people are looking for in Colorado Springs making them a competitive to get and win. If its online in any capacity (MLS, Zillow, Craigslist, etc) then it's too late in this market. My recommendation is to learn everything you can about wholesaling. Only instead of wholesaling the deal, keep it. This is the whole give a man a fish versus teach a man to fish mentality. Learn to fish to for deals!

Rotate Log in or sign up to reply
user profile avatar
Check Rosette Top Subjects:
Rentals, Single Family, and Residential
  • Posts 475
  • Votes 321

Stuart Grazier
Investor from Denver, CO

replied 3 months ago

@Spencer Abeyta As Colin mentioned above, you'll need to start getting leads directly from motivated sellers. This means you need to start doing direct marketing to those home owners. You can do direct mail campaigns, cold calling, SMS campaigns, or just go driving for dollars and try to find that diamond in the rough. It definitely takes some grind and hussle, but it is doable for sure. 

The other option is to try and get your name on every wholesaler's buyer list in the area so you are getting their off market deals sent to you. Good luck! 

Rotate Log in or sign up to reply
  • 1
Resources Read, see, and learn more!
Link Real Estate Investment Calculators
Link BiggerPockets Blog
Link Path to Purchase
Link Mortgage Loans
Link Find a Contractor
Link Real Estate Agents
Link Hard Money Lenders
Link Real Estate Listings

Top Contributors

Colin Smith
Colin Smith
Colorado Springs, CO
9.29
Score
James Carlson
James Carlson
Colorado Springs, CO
3.21
Score
Log in Sign up

Log in

Forgot password?

If you signed up for BiggerPockets via Facebook, you can log in with just one click!

Log in with Facebook

Or
btn_google_dark_normal_ios Created with Sketch. Continue with Google

Let's get started

We just need a few details to get you set up and ready to go!

Use your real name

Use at least 8 characters. Using a phrase of random words (like: paper Dog team blue) is secure and easy to remember.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.

Or
btn_google_dark_normal_ios Created with Sketch. Continue with Google

Why create an account?

Receive a free digital download of The Ultimate Beginner's Guide to Real Estate Investing.

Connect with 1,000,000+ real estate investors!

Find local real estate meetups and events in your area.

Start analyzing real estate properties, we do the math for you.

It's free!

Explore

  • Membership
  • Community
  • Education
  • Marketplace
  • Tools
  • FilePlace
  • REI Resources
  • Perks
  • Glossary
  • Reviews
  • iOS App
  • Android App

Company

  • About Us
  • Press
  • Advertising
  • Careers
  • Stats
  • Contact Us

Important

  • Editorial Guidelines
  • Terms of Use
  • Rules
  • Privacy
  • FAQ

Social

  • Facebook
  • Twitter
  • YouTube
  • Instagram
© 2004-2021 BiggerPockets, LLC. All Rights Reserved.