For Sellers

What are the reasons for selling?

A savvy agent will ask you some questions about your decision to sell your home.

• Why do you want to sell your property
• Do you need a larger or smaller property?
• Are you moving to another school district, neighborhood, city, or state?

These answers may be self-evident to you, but it’s certainly worth a discussion before anyone is talking about price and marketing and such. Of course, how much you realize in your pocket from a sale might enter into your thinking. But we feel that all the reasons financial, geographical, and emotional need to be explored by the broker and client early on.

When should you sell your home, and is the market favorable for my sale?

Early on in the process, you and your agent should establish the best time frame for your sale. Seasonality is a big part of real estate. The market changes from month to month and season to season. A seasoned broker will understand the tone and tenor of the marketplace with respect to timing so you can realize the most stress-free transaction. There is a favorable time to sell in your market, and your broker should be able to address this question.

The financial implications of a sale?

 Without a doubt, this seems to be the most misunderstood aspect of a home sale that brokers don’t understand. A serious consideration of your current and expected future financial condition needs to be assessed before a serious conversation should be engaged about a home sale. Our team can effectively measure the cumulative effect of the net proceeds of your sale on your situation. It is not as cut and dried as it may seem. We understand some aspects of tax planning, and estate planning, and have a team of advisors at the ready to help you with these questions. We ensure that you will take control of your financial situation with any sale we take on for you.

For Buyers

Buying a home for most people is one of the largest transactions

Buying a home for most people is one of the largest transactions in their life. There are many financial decisions during a home purchase that affect you for a long time. There are complex issues that we don’t all have knowledge about, and there is a ton of paperwork. Hiring an expert to navigate the waters, get you access to off-market properties and to guide you through the process is just good sense.

When choosing a real estate agent, there are a few things for you to think about.

• Do you get along, do they listen and try to understand you? Do they return your calls promptly and give you the time you deserve?
• Are they full-time, do they provide a list of homes they’ve sold or a list of references?
• Are they available in the hours that you are available?
• Do they know your search area, and do they have local knowledge?
• Ask about how they keep themselves up on the changing nature of the real estate markets. Do they hold any special high-level designations?
• Do they have the financial acumen to help you in your decision process with respect to the financial aspects of the transaction?

Let’s have a call to discuss if we meet these criteria for you.

For Investors

Do you want to buy a home, or build wealth?

I’m not sure what I was taught, but what I learned was this: go to work, a lot. Make as much money as you can, and save that money as cash. And then someday retire, and live off of your paper investments; your IRA, and 401K.

Along the way, buy a home or homes and build equity in them, but by and large, save your cash.

That worked for some people, maybe a quite a few. But what I want to present to you is that isn’t the only way to do it. What I want to show you is another way to get ahead. I would humbly like to present another way to build wealth. A method that’s building wealth faster and with more safety than other methods being touted out there.

Our methods impart using the equity in your home (s) to build equity faster and safer using moderate leverage to increase not just return, but also your lifestyle balance. All while decreasing risk.

I know your advisors at Schwab and Fidelity aren’t presenting this to you. And that’s why I feel compelled to present it to you.

What we do here at Front Range Real Estate is teach you the value of ROE; the return on equity. Using some basic concepts of commercial real estate as adapted to residential real estate, we can show you how to reach your goals in life with as much or as little risk as you desire. And we show you how to do that faster and cheaper than the prescribed way of building a portfolio of paper assets that have a hidden underlayer of expenses that you never see.

To be sure, yes you will own rental properties in our scenarios. But no, you won’t be cleaning toilets and fixing roofs yourself unless you want to. You will be providing a much-needed service to your community and your neighbors. And you get to decide how hands on you want to be.

You get to decide whether you want to be in LTR (long term rentals), MTR (medium term rentals – like those offered to visiting nurses and such), or STR (like VRBO and AIRBNB vacation properties). All three of these strategies have their advantages and disadvantages. All three of them are very viable in Colorado. Our aim is to present the alternatives to you and help you decide which makes more sense to you based on your family’s needs.

Here is the simple five step process to assessing and gathering information on your investment thesis.

1) Review & Realign Goals

2) Have a Holistic View of Your Portfolio

3) Analyze Individual Investments

4) Explore Opportunities with Scenario Modeling

5) Create Your Portfolio Architecture Action Plan

We’ll enact these five steps together, and decide what your portfolio architecture should be; whether an entire portfolio of properties or just your primary residence.