Single Family in Colorado Springs

Single Family in Colorado Springs

New to Real Estate · Colorado Springs, San Antonio · Member since 2022 · 1 post · 1 vote

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $400,000

Beautiful home in a quiet neighborhood with easy access to Fort Carson, Peterson, and Shopping. This home boasts five bedrooms and two living areas in a layout that makes it easy to move around the house. The large backyard, with a play set, is perfect for entertaining guests or enjoying the beautiful colorado nights.

What made you interested in investing in this type of deal?

Having a place to live while in Military with the intent of renting it out and using it as a future investment property.

How did you find this deal and how did you negotiate it?

Hard to negotiate as it was in a Seller’s market.

How did you finance this deal?

Traditional VA Loan

How did you add value to the deal?

Built eq

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  • Rental Property Investor · Colorado Springs, CO · Member since 2020 · 433 posts · 284 votes
    4y

    Congrats on the deal. Welcome to the Colorado Springs, reach out if we can be of any value.

    Cheers

  • Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    4y

    Nice looking house! Congrats @Jesus Robles ! 

  • Realtor · Colorado Springs, CO · Member since 2021 · 13 posts · 12 votes
    4y

    Jesus, congrats on your home! Colorado Springs is a great area with Fort Carson, Schreiver AFB, and Peterson AFB all close by. The city itself doesn't have the traditional military vibe as well unlike other areas such as Fort Bragg. I personally like the idea of leaving a trail of homes as you PCS to your next duty station. Very important that when the time comes you have a good property manager in place to relieve any stress of being an out-of-state investor. I was a medic for 7 years in the Army. Let me know if you need anything now or in the future. 

    Cheers brother!

    Ray Bachmann

  • Ryan ThomsonBusiness Member
    Real Estate Agent · Colorado Springs, CO · Member since 2018 · 1k+ posts · 1k+ votes
    4y

    Nice Work @Jesus Robles! Is the plan to turn that beauty into a mid-term furnished rental when you are done?

    The Assumable Guy544 Reviews
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