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All Forum Posts by: Bob Vollmer

Bob Vollmer has started 11 posts and replied 82 times.

Post: Current Status of Colorado Market Other Than Denver

Bob VollmerPosted
  • Real Estate Agent
  • New Castle, CO
  • Posts 84
  • Votes 36

From a new investors perspective, the Northern Front Range is tough place right now to find deals. I'm trying to work primarily in the Fort Collins, Loveland, Windsor and Wellington areas and while there are deals, they go quickly even with tight numbers. Inventory is extremely low and homes are selling well above asking price, no contingencies and some even go sight unseen. The influx of people in the region has created a frenzy of buyer activity, so much so that even with the addition of new builds, we are sitting at only a few weeks inventory.

I'm sure the more experienced investors are adapting better than the newbies, but as a rookie myself (just sold my first flip), it is increasingly difficult to find a property where the numbers make sense. The good news is, once you do find a property, it is really hard to not make money! 

Post: New guy in Fort Collins, CO

Bob VollmerPosted
  • Real Estate Agent
  • New Castle, CO
  • Posts 84
  • Votes 36

Hello BP members!

I'm a new member and thought I'd introduce myself! I am a new investor working in the Northern Colorado region. By some stroke of luck, I just went under contract with my first flip and now I'm back to square one looking for another deal! I really like working along the northern front range, i.e Fort Collins, Loveland, Wellington, Windsor, Longmont, etc. 

Although I grew up around Real Estate, I've only recently started pursuing it. I've watched my Dad do everything from land development/subdividing to custom builds, so I feel like I know just enough to get in over my head! My goal is to flip between 3 and 6 properties/year and use the profit as down payments for buy-and-holds. 

I am looking to forward to connecting with other savvy investors and learning as much as I possibly can! If this site is half as good as the podcast, I'm sure things will go well.