All Forum Posts by: Troy Miller

How far can you climb?

.. 10 ft.?

... 100 ft.?

…. 1,000 ft.?

Well you might not want to become the next mountain climber on Pikes Peak, but we know that you do want to become a successful investor.

So this year, ICOR’s theme for our statewide tradeshow will focus on a “Real Estate Investing Base Camp”.

What does this mean?

Well before any climber can make their ascent, they need to have a place where they can connect with their team, and collect all the tools they need to reach the top.

Just like with investing.

An investor’s real estate team is probably one of the most powerful tools an investor can boast. A convergence of talent in the right areas is entirely capable of providing savvy investors, like yourself, with beneficial partnerships, guidance, and support.

And with this Colorado community of investors, there is an endless number of individuals that have scaled, or plan on scaling up their next mountain, or deal.

This event will be more than just schmoozing and swapping business cards – though you are welcome to do both!

Sure, you may have a few deals under your belt, and feel like you’ve gone up this mountain before – but understanding the particular nuances is a different story. This will be the perfect opportunity to connect you with investors that have tried-and-true methods that helped them gain the traction needed to reach their peak.

All you need to do is show-up, and we’ll provide you all the tools you need to triumph over your next deal.

And if that’s not enough, we’ll also have door prizes and an awesome grand prize drawing you don’t want to miss!

Agenda:

5:30 pm – Registration & Tradeshow Open (Food & Drinks Served + Cash Bar)

6:30 pm – Education Session 1

7:00 pm – Education Session 2

7:30 pm – Education Session 3

8:00 pm – Education Session 4

8:30 pm – Individual Door Prizes Drawn (Must be Present to Win)

9:00 pm – Grand Prize Drawing (Must be Present to Win)

How far can you climb?

.. 10 ft.?

... 100 ft.?

…. 1,000 ft.?

Well you might not want to become the next mountain climber on Pikes Peak, but we know that you do want to become a successful investor.

So this year, ICOR’s theme for our statewide tradeshow will focus on a “Real Estate Investing Base Camp”.

What does this mean?

Well before any climber can make their ascent, they need to have a place where they can connect with their team, and collect all the tools they need to reach the top.

Just like with investing.

An investor’s real estate team is probably one of the most powerful tools an investor can boast. A convergence of talent in the right areas is entirely capable of providing savvy investors, like yourself, with beneficial partnerships, guidance, and support.

And with this Colorado community of investors, there is an endless number of individuals that have scaled, or plan on scaling up their next mountain, or deal.

This event will be more than just schmoozing and swapping business cards – though you are welcome to do both!

Sure, you may have a few deals under your belt, and feel like you’ve gone up this mountain before – but understanding the particular nuances is a different story. This will be the perfect opportunity to connect you with investors that have tried-and-true methods that helped them gain the traction needed to reach their peak.

All you need to do is show-up, and we’ll provide you all the tools you need to triumph over your next deal.

And if that’s not enough, we’ll also have door prizes and an awesome grand prize drawing you don’t want to miss!

Agenda:

5:30 pm – Registration & Trade show Open (Food & Drinks Served + Cash Bar)

6:30 pm – Education Session 1

7:00 pm – Education Session 2

7:30 pm – Education Session 3

8:00 pm – Education Session 4

8:30 pm – Individual Door Prizes Drawn (Must be Present to Win)

9:00 pm – Grand Prize Drawing (Must be Present to Win)

How far can you climb?

.. 10 ft.?

... 100 ft.?

…. 1,000 ft.?

Well you might not want to become the next mountain climber on Pikes Peak, but we know that you do want to become a successful investor.

So this year, ICOR’s theme for our statewide tradeshow will focus on a “Real Estate Investing Base Camp”.

What does this mean?

Well before any climber can make their ascent, they need to have a place where they can connect with their team, and collect all the tools they need to reach the top.

Just like with investing.

An investor’s real estate team is probably one of the most powerful tools an investor can boast. A convergence of talent in the right areas is entirely capable of providing savvy investors, like yourself, with beneficial partnerships, guidance, and support.

And with this Colorado community of investors, there is an endless number of individuals that have scaled, or plan on scaling up their next mountain, or deal.

This event will be more than just schmoozing and swapping business cards – though you are welcome to do both!

Sure, you may have a few deals under your belt, and feel like you’ve gone up this mountain before – but understanding the particular nuances is a different story. This will be the perfect opportunity to connect you with investors that have tried-and-true methods that helped them gain the traction needed to reach their peak.

All you need to do is show-up, and we’ll provide you all the tools you need to triumph over your next deal.

And if that’s not enough, we’ll also have door prizes and an awesome grand prize drawing you don’t want to miss!

Agenda:

5:30 pm – Registration & Tradeshow Open (Food & Drinks Served + Cash Bar)

6:30 pm – Education Session 1

7:00 pm – Education Session 2

7:30 pm – Education Session 3

8:00 pm – Education Session 4

8:30 pm – Individual Door Prizes Drawn (Must be Present to Win)

9:00 pm – Grand Prize Drawing (Must be Present to Win)

Our next featured speakers at the event will be: Rich Meyer & Kim Tucker.

Rich Meyer grew up in Pembroke Pines, FL, and is a Southern FL market expert. Richard attended Mercer University in Macon, Georgia. He is an established successful Realtor/Broker. 1ERA Prestige Reality, established 4 South Florida offices, with 120 successful Associates, Gross Sales over $60M for 8 consecutive years. He is currently the Primary at the Florida Real Estate Investment Center.

Kim Tucker is a Kansas City, KS & MO market expert. She is also a 16-year veteran of Real Estate Investment and expert of buying and selling of REO assets along with her husband and partner. Most recently they have been buying and renovating to sell to end-buyers, using funding from private partners that provides her partners good ROI. Currently she is the President of Mid America Real Estate Investors Association.

Our first feature speaker for this event will be Pete Youngs, an Atlanta market expert.

Pete Youngs is a successful investor, business owner, author, and lecturer dedicated to helping others become successful as investment and real estate entrepreneurs.

Part of his expertise is teaching people how to rehabilitate properties for a fraction of the normal estimated cost. His prestigious renovation contracts includes the living quarters at the 1996 Atlanta Summer Games, Courtyard By Marriott Hotels, two different contracts within international communications giant MCI, Publix Distribution Center, and hundreds of single and multi-family homes nationwide.

Pete Youngs teaches Secret Ways and Techniques (SWAT) courses, which include 101 valuable techniques that range from minor cosmetics to major rehabs for all investors.

April 29-30th | DoubleTree - Stapleton North Denver

So, when it comes to investing out of state, they say, “You remove the risk by doing your due diligence,” but the challenge is not knowing what you don’t know.

The Pro’s to Investing Out of State

1. Affordability
2. Diversify Your Portfolio
3. Better/Ease of Market
4. Vacation Home
5. More Options that Meet Your Criteria

The Con’s to investing Out of State

1. Unfamiliarity with the Market
2. Unfamiliarity with the Legal Regulations
3. Distance When Choosing
4. Travel During Regular Visits

Our goal for you during this event is to remove the fears or pain points you have with investing out of state, and make the opportunity that much sweeter through knowledge and experienced resources.

THIS IS NOT TURN KEY REAL ESTATE! This is a two-day intensive event that will not only teach you the due diligence and team building process for investing out of state, but put you in front of local market resources to what Forbes Magazine identified as the hottest markets for real estate investing in the nation including:

• Orlando/Jacksonville, FL
• San Antonio, TX
• Charlotte, NC
• Ft Lauderdale/Miami, FL
• Indianapolis/NW Indiana/Chicago Suburbs
• Nashville/Memphis, TN
• Cleveland/NW Ohio
• Kansas City
• Atlanta

ICOR is collaborating with National REIA and our sister chapters around the country to give you market insight, resources, and the answers to make you feel in peak position to comfortably and intelligently, with allies and local market intelligence, set yourself up for success.

Cost:

Early Registration:

$295/pp for Members

$329/pp for Non Members

After 4/24:

$325/pp for Members

$349/pp for Non Members

A recent Gallup poll discovered that 37% of people have said they telecommute for work. Despite this, in-office employment continues to steadily rise, resulting in even more demand by big employers for newer, high-quality office space.

According to the CoStar Portfolio Strategy Forecast, the delivery of new office projects will hit its peak in 2017. Office vacancy rates have steadily declined, hitting 10.4% in 2016, down 0.3% from the previous year.

This year, it is anticipated vacancy rates will sit at 10.3%.

CoStar Portfolio Strategy Director of Research, Walter Page, anticipates seeing a huge increase in construction deliveries.

"The big news in 2017 for the office market is that we’re expecting a 55% spike in construction deliveries, increasing from 58 million square feet of new office space in 2016 to over 90 million square feet this year," said Page.

On January 1st of this year, there was a total of 138 million square feet of new office space under construction. That number is largely due to office projects that have not yet been completed from previous years, including the massive $1.2 billion One Manhattan West office tower in New York.

Keep in mind, however, that the current construction of 138 million square feet was nowhere near the 200 million square feet in the 2000-2001 year. The surplus of construction in previous years has allowed national vacancies to remain well below long-term averages.

In large metropolitan cities, current construction projects are exceeding historical averages. Denver for example, has 3% of total office inventory, compared to 1.5% historically, with 5 million square feet of construction underway.

According to CoStar, "The impending wave of new supply will have an impending ripple effect on demand fundamentals such as net absorption, occupancy and rental rates in several large markets in coming quarters."

Absorption totals for newer 4 and 5 Star office properties have declined about 22 million square feet over the last year. This is expected to change fairly soon as larger projects, including Apple's 2.8 million square foot "spaceship" campus, are set to be completed.

Although office vacancy rates for newer buildings, like in San Francisco, are expected to rise, vacancy rates for older, vintage buildings may double in cities, like Denver.

Click here to read the full report

@Rob Duncan, if you would like some relevant and timely market information, you should check out the local chapter of the National Real Estate Investors Association. They have three here in Colorado. Click here to find a National REIA Chapter near you

Noah, If you want a professional and vetted group of people, check out the National REIA. They have chapters all over the country, and three here in Colorado. Check'em out at National REIA - Find A REIA

Welcome @April Jones! Lots of competition in the Wholesaling Arena, the challenge is to stand out and differentiate yourself from the pack! Be Smart, S.M.A.R.T. refers to goals that are Specific, Measurable, Achievable, Realistic and Time Framed. Have a plan!  Best of Luck!