All Forum Posts by: John Clay

@Adam Christopher You bring a great point. If demand is high now the summer will be out out control, would like to know the listing inventory in Pueblo. I have a feel this summer, houses are going to sale for record high prices all over Pueblo and Fountain as well. 

Thank you very much @Chris Pasternak The house was falling apart as you know. It was a big undertaking for my first project! We should connect next time I'm in Pueblo

I just completed my first remodel in Pueblo and the number of people wanting to buy in the area is unreal!

Checkout 909 E. 10th 81001 on Realtor.com

Im looking to complete two more remodels this year

Meagan Kroeze with KM has been an absolute Rockstar!!

Im about 3 week away from finishing my first flip/remodel. My partner and I will be waiting for the closing process and the profits.  We are on a tight budget therefore we need the founds to roll on to our next project to continue our next remodel. 

My question is-- what kind of advice would you you guys give to someone completing their first remodel. How should I set myself up the next 3 weeks, to not have a big low after the house is listed? 

Im 3 week away from finishing my first flip/remodel. My partner and I will be waiting for the closing process and the profits.  As we are on a tight budget therefore, we need the founds to roll on to our next project to continue our remodels. 

My question is-- what kind of advice would you you guys give to someone completing their first remodel. How should I set myself up the next 3 weeks, not to have a big low after the house is listed? To continue an income, as I'm depend on flips--

@Robert Herrera

Outstanding, would be great to get your point on view, If I’m over rehabbing or on par. I’ll be in Pueblo next week. Look forward to connecting!

@Robert Herrera & @Adam Christopher

Thank you for the great details--I will have to read this a few more times for full get my head wrapped around this.  My work is on the east side of Pueblo. I started my project in early December, from what I have been able to see the town of Pueblo is getting a lot of positive attention.  Over the last 3 months I have seen at least 5 projects start on the east side by 10th st. From what I can see the town needs more quality rentals, the market is hot and deals area a bit hard to find.

Im in Pueblo 3 to 4 days a week, if you guys want to see my project pass me a message. Im excited to meet local investor in the Pueblo market. Cheers!

The position im in is a bit unique--Its my partners home she has chosen to carry all aspects of the hold cost (outline in out contract). She is also a real estate agent and we will save on the 6%. You bring up a great point about the Ccpital gain tax some that im not well versed in.

@Ashley Manning

That's outstanding!

The Flipping process has been an adventures one! the information and lesson im learning are tremendous. If i have any question i will not hesitate!

Thank you so much!! 

@Robert Herrera

The profit is split 70/30  30% will be my portion.