Fisher Friday Flyer
June 28, 2019
Will Lakewood Limit Growth?
Lakewood's  special election on Tuesday  will put to bed a lingering ant-growth effort. If it passes, new housing will be limited to 1% of existing units. The petition gatherers believe this will keep Lakewood from growing "too fast." Opponents of the measure believe that an artificial limitation will only increase the cost of existing units and send tax dollars elsewhere. Having grown up in Lakewood, I think it unwise for a large metropolitan city to fear growth, especially with so many parts of town that could use a face lift.

The Time is Now 
The  housing market nationwide continues to be stable  even though prices are technically decreasing in a lot of areas. Not in Colorado, though! Denver only dipped in Q4 last year, and has since increased by 1.9%. (This is also known as a normal, healthy market. Cheers!) Also, Colorado Springs has not seen a decrease in years! Mid-sized cities like the Springs still have room to appreciate. Investors need to understand the difference of each market, know your strategy and adjust with each turn or season.

Wishing you investing success,

Evania Ku
Investor, Realtor
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QUOTE OF THE WEEK:

"Sometimes the most brilliant and intelligent minds do not shine in standardized tests because they do not have standardized minds."
~ Diane Ravitch
Our mission at Invest Success is to promote integrity within the real estate investor community through networking and real-world mentorship.
Sat, Jul 13, 2019 7:00 AM MST
John Fisher's Breakfast Club
Dazzle at Baur's, Denver
The Invest Success Mentorship program has helped dozens of new and seasoned investors make money in real estate. We are a LOCAL program with coaches in Denver, Colo. Springs and Fort Collins . We have the local knowledge and connections to help you hit the ground running!
Market Update
The following stats are from REColorado's entire listing area (not just the metro area) and are based on the last 7 days from Thursday.

Weekly Statistics:

New Listings
2,580 (2,876 last week)

Under Contract
2,132 (2,104 last week)

Sold
2,068 (2,591 last week)

Total Active Listings:
2019
June - 13,170
May - 13,206
April - 10,430
March - 9,949
February - 9,738
January - 9,649
2018
December - 9,840
November - 12,005
October - 13,131
September - 13,488
August - 12,906
July - 12,241
June - 12,077
New Development
We've launched a new LinkedIn page!
We're seeking new content and new ways to give wonderful advise to Denver Investors.
Feel free to connect with us on LinkedIn now and share your thoughts as well as relevant articles/podcasts/resources!

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From the Blog
Why do you invest in real estate?
The number one answer is money – and rightly so! Investing is all about turning some money have enough for all the things we need and desire. However, while money might be the driving force behind what we do, the serendipity of real estate investing is the impact we have on our communities. That impact can be positive or negative...
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ICOR Podcast
112: How to lowball without offending
111: $5k-$15k cash flow from one unit!
110: Update - CO market slowing down
109: CO real estate going down in flames
108: Is it a buyer's market?
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