All Forum Posts by: Norberto Villanueva

Aside from licensed activity in Colorado Springs, I am a direct representative for turnkey investment opportunities in the Detroit market. With cap rates anywhere from 8 - 19%, they come with a 5 year Rental Income Guarantee and Comprehensive Property Warranty. Full details provided upon inquiry. All the best!

A licensee/Colorado REALTOR, I am not sure what the rules are in New York, but it's kind of like working for a union shop - you join or else. Not that I'm relating the two but, owned and operated by a local association of REALTORS, membership to that board will be required IF you work at a brokerage that is a member of that board, with MLS privileges as a benefit of said membership. However, belonging to an association of REALTORS is NOT a requirement of licensing. And where board membership definitely has its privileges, there are brokerages who offer a non-REALTOR option, where you can just hang your license without joining the local board, which can be very expensive. If allowed and you find such a shop, an alternative to the MLS is a service like Point2Agent which, though usually not as comprehensive in terms of local data, offers a far superior service in terms of value added benefits with national exposure and at tremendous savings. Hope this helps.

All the best!

Hi Tonya. To state the obvious, Craigslist, Backpage, eBay classifieds and similar sites are a great place to find fixer-uppers and the like. Searching for terms such as fixer-upper, handyman, tlc and similar keywords usually return desired results. Notice to the right of the search bar there is a "save search" link? 

Click that link to save the search and either login to or setup a free account. From there, click edit to manage notifications:

 This will redirect to yet another screen, from which email notifications can be turned on or off.

Obtaining the foreclosure list usually requires a subscription to sites such as RENAV.com Realtytrac.com, foreclosures.com... Another way is to engage the services of a foreclosure savvy REALTOR ;) who often gets these lists from their vendor contacts on a regular basis. 

Obviously unaware of any experience you or he may have along these lines, I'd be remiss to not state the importance of using the services of an experienced buyer agent if, for no other reason, to protect and represent your brother's best interests. 

All the best!

All the best to you Robert. Lots of great help and resources on Bigger Pockets.

Greetings from Colorado Springs, Adam. I am a licensed broker specializing in distressed single family assets standing by to be of service. All the best in your endeavors.

Welcome to BP, Zach. All the best in your endeavors. 

Hello Zach. As real estate brokers, we all have access to the same, primary tool for locating properties which is the MLS. However, there's more to putting solid deals together than locating properties, as anyone with Internet access can do that without a license. When choosing who to work with, it's important to align yourself with a professional who understands your objective, which in this case is a 1031 exchange of your existing properties for like-kind (investment) properties in the Springs. A horse of a different color, it's not as simple as finding suitable properties due the timelines and nuances that can make or break the deal - and your finances.

I wish you all the best in your search for a partner/advisor in this process!

Great post Linval. Welcome to BP, Karen.

Thanks Katie!

A licensed real estate broker since 2002 and mortgage loan officer five years before that, I am an investor friendly real estate broker specializing in detached single family housing. Offering buyer and seller representation, I am currently focused on building listing inventory and looking to partner with experienced and novice investors alike as well as private sellers in the sourcing, listing, marketing and sales of property in Colorado Springs and surrounding areas.

My team includes experienced contractors and knowledgeable service providers, quality traditional and hard/private money lenders able to finance up to 100% of ARV, 90% of LTV and more, sources for individual and business lines of credit, stated income and blanket loans, even shelf corporations and am knowledgeable with the use of land trusts, land contracts, lease options and similar strategies to acquire property.

Yours for the asking, I've created and update a Hot Properties List daily containing local properties that are pre-screened for potential equity and seller motivation based on days on market and MLS friendly keywords :), being careful to indicate listings with approved short sales. 

Please feel free to contact me for a personal discussion that will determine our ability to work together. I look forward to it.