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All Forum Posts by: Roy Leach

Roy Leach has started 9 posts and replied 39 times.

Post: Boise fix and flip market

Roy LeachPosted
  • Wholesaler
  • Parker, CO
  • Posts 40
  • Votes 25

@Jonna Weber - Yup... I've already started advertising and working with sellers there.  I should be there by Aug 15 so I hope to make the meetup.
How are the outlying areas from Boise like Caldwell, Nampa, or even Emmet?  Is there more inventory than Boise & Meridian?

Post: Boise fix and flip market

Roy LeachPosted
  • Wholesaler
  • Parker, CO
  • Posts 40
  • Votes 25

Sounds like Boise is similar to Denver.... @Scott Lepore did you make the move?
I'm about to do the same thing.... Leaving Parker CO to go to Boise (Going to be near the grand kids).

@Lisa Troxel how are the outlying areas like Caldwell, Nampa, or even Emmet?

Post: Yellow Letters Examples?

Roy LeachPosted
  • Wholesaler
  • Parker, CO
  • Posts 40
  • Votes 25

Make sure that if you use yellowletters.com that you spend the $195 to get the platinum membership.  It saves you 15% of each order for 6 months.  It saved me over $800!

Post: Must Close fast!!! Cash only!!!!

Roy LeachPosted
  • Wholesaler
  • Parker, CO
  • Posts 40
  • Votes 25

SOLD!

Post: New Couple from Colorado Springs

Roy LeachPosted
  • Wholesaler
  • Parker, CO
  • Posts 40
  • Votes 25

Welcome!  Not only is @Norberto Villanueva right, he's also a great guy :)  The Colorado Springs Real Estate Investing Club Meetup is great!  I think the next one is this Wed 4/5.
Friendly folks and great info.

I work both the Colorado Springs and Denver markets as a wholesaler so let me know if I can answer any questions!

Post: Hot Property!! Ready to Move in!!

Roy LeachPosted
  • Wholesaler
  • Parker, CO
  • Posts 40
  • Votes 25

SOLD!!!!!!!

Post: Must Close fast!!! Cash only!!!!

Roy LeachPosted
  • Wholesaler
  • Parker, CO
  • Posts 40
  • Votes 25

This is a single family home located at 20672 E Batavia Drive, Aurora. It has 3 beds (1 is a large master suite which could be divided into 2 rooms) and 1 1/4 baths. In good shape inside but could use updates on the outside.

Average sales price in Tower Triangle is $249,500.

Built: 1980

Roof: Composition Shingles

Beds: 3 (1 car garage converted into bedroom)

Baths: 1 1/4

SqFt: 1,172

Lot: 5,220 sq ft Basement: N/A Heating:Forced: Hot Air Air Conditioning::Central A/C – Electric

Fireplace: Yes

Yard: Fenced Yard

Parking: Additional parking on both sides of home

Post: Formula for finding the best city in which to wholesale.

Roy LeachPosted
  • Wholesaler
  • Parker, CO
  • Posts 40
  • Votes 25

@Jeff B. I love it! You're absolutely right... I don't know how to include "Social Issues" in the formula... MLS / Population * CHI
:)

I think from my brief investigation, I found that Denver is .0015 which I know is a tough place to be...  Let's look at Detroit 6347/677000 = .0093  This is the highest number I've seen anywhere.  It seems that might be a good indicator that it's a city to stay away from for generic wholesaling.

So MAYBE the math does kinda work... (MAYBE!)

Post: Book Keeper familar with Real Estate Investing - Denver

Roy LeachPosted
  • Wholesaler
  • Parker, CO
  • Posts 40
  • Votes 25

Gerald Barton does bookkeeping exclusively for real estate folks.

Gerald Barton, Owner
SFH Bookkeeping & Financial Services, LLC

http://www.SFHbookkeeping.com

Post: Formula for finding the best city in which to wholesale.

Roy LeachPosted
  • Wholesaler
  • Parker, CO
  • Posts 40
  • Votes 25

@Maxwell Lee That is a HUGE point and you're absolutely right!  Trying to find number of properties for sale (initially I'm using Trulia and Zillow) and matching their criteria to what I can get from census data to try find number of people is not reliable at all.  I don't know how each is defining their boundaries.

It would probably be more accurate to do it by state (I know what the boundaries are) however, as you pointed out, the different markets within a state would make that number unusable...

Thanks for the input!