Want to know what’s working in the southern Colorado real estate market?  Today, we’re rolling out the 2023 Southern Colorado Real Estate Investing Guide!  This guide is designed to help you figure out how to invest in this market, what strategies are working now, and changes in the lending environment that will affect your deals.  We’ve divided the guide into three bite-size parts: real estate investing concepts refresher; different financing methods and recent changes; and strategies our clients are successfully executing, including recently closed purchases.

1. Listen to the podcast “#130: What’s Working Now? Your 2023 Guide to Southern Colorado Real Estate Investing” Colorado Springs Real Estate Investing Podcast
   
2. Listen to the full episode (at the bottom)
   
3. Watch the episode on YouTube
   

In part one, we’re focusing on real estate investing basics for Southern Colorado.  While the market may change every year, there are some concepts that continue to stay relevant.  We’re going back to these basics to remind you of how to approach analyzing your investment, less obvious costs associated with rentals, and different ways to evaluate your returns.  Understanding these concepts will give you the knowledge you need to find an investment property that fits your long-term goals. 

Check back next week when we cover financing methods, what lending rules have changed, and talk to a local lender about your options.  If you’re considering buying a property this year, you’ll want to hear what she has to say. 

• How to calculate vacancy rate, and why 5% is a good rule of thumb for Colorado Springs investment properties.
  
• How Net Operating Income (NOI) helps you calculate your cash flow.
  
• Why cap rates are useful for creating one-to-one comparisons.
  
• What a BRRRR is, and why it’s difficult to execute in this environment.
  
• The four returns in real estate investing, and why cash flow isn’t everything!
  
• Our assumptions for southern Colorado investment property analyses, and why you’ll need to adjust them for your individual property.
  

• Rental Property Spreadsheet
  
• Previous Investing Guides for Colorado Springs and Pueblo