Denver Market - What is your approach in 2016?

Question

Denver/surrounding communities have been tabbed by Zillow and others as one of the hottest markets in the country for 2016.  For those in the Denver area, what are your plans?

Anson Young · Answer

Continue to find unique on and off market deals to flip and wholesale.

Just like every year.

Doubt 2016 will be any worse than 2015 as far as low inventory is concerned, its wholly unsustainable.  Problem is finding deals, a well trained Labrador could sell a house in this market.  The key for agents will be adding as much value as possible, the key for investors will be to get super creative to find those out there who need to sell now and will trade price for terms.

Bill S. · Answer

My plans are to buy and sell as much as I can make a buck (or 10,000) on. Buy as many off market properties as I can. Keep as many as I can figure out a way to fund and resell the rest.

Micki M. · Answer

Continue keeping our clients happy by working even harder to find viable investment properties, like we do every year as @Anson Young says. As well as continuing to improve our service and contributing to the community with more education etc so that when the impending doom strikes eventually (ie the market balances out) and the Labradors quit, our team and all our investors will be poised for a real estate spree.

Kyle Doney · Answer

Market and find off market deals and make plenty of MLS/ Wholesaler offers too. Fix and flip and buy and hold approach depending on the property. 2 UC in January and possibly adding another before the end of the month. Starting off right and hoping to continue through the year making deals every month. Plain and simple goal is to make deals, partner with other people, and make BIG things happen in 2016!

Travis Sperr · Answer

Raise Rents - Lower expenses

Continue new construction projects

Buy rental properties that make dollars and sense

More of the same, moving with the market and finding great deals. When our market is so strong I see it keeping people out of investing because they are not able to move as quickly and efficiently as seasoned investors. Relationships are key right now in all sides of the business.

Denver Market - What is your approach in 2016?

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