Great opportunity at 5845 Venus Ave in Fort Collins for a first-time homebuyer or investor! Beautifully updated kitchen, complete with Frigidaire Gallery stainless steel appliances, new cabinets, backsplash and granite countertops. The main level boasts hand-scraped oak hardwood floors and 3 bedrooms (or 2 bedrooms + an office). The basement has 2 additional bedrooms, a large storage room & laundry room. Both bathrooms are tastefully updated. Large fenced in yard with a patio, deck, shed & separate fenced off garden area with garden boxes. Contact Kailee Harvey at (970) 331-2868 for your private showing for more information or click the link below for more details.
Ideal investment property! 2428 Crabtree Drive in Fort Collins is currently leased through May of 2020. Easy access to CSU, Old Town, and Horsetooth Reservoir. The owner has never had any issues with vacancy but would be great as an owner-occupied home with the layout and back yard as well. The home has wood floors and is in great shape. Come check it out today! Contact Paul Hunter at (970) 673-7285 for your private showing for more information or click the link below for more details.
Recently updated ranch floor-plan at 525 Columbia Road in Fort Collins with a fully finished basement. The large main floor features original hardwood floors that have just been refinished and stained. The addition to the home adds a dining room, family room and a beautiful sun-room off the back of the home so you can soak up the 300+ days of Colorado sunshine! The kitchen has been fully updated with brand new counters, back-splash and appliances. The main floor bath has also been fully updated. In the basement, you’ll find a large rec room for additional living and entertaining space. All carpet is brand new and the entire home has been repainted. Beautiful trees dot the property and there is still lots of space for you to plant a garden or entertain. Contact Anali Roath at (970) 829-8818 for your private showing for more information or click the link below for more details.
Investing in a home is a great way to build passive income but earning from your investment will take a little groundwork to become a well-oiled machine. This is your beginner’s guide to owning an investment property so you can set up that foundation properly to avoid future headaches.
Make sure it’s livable
It’s important to start with your home inspection before you start making plans. Use the inspection report to prioritize the maintenance issues.
Before a tenant moves in, make sure the home is livable. Handle the important items that affect the livability of the property, either now or in the near future. If the inspector noticed a leak in the roof or holes that could lead to infestation, take care of those first. Other maintenance issues to prioritize are the fuel and the hot water source.
If your city has inspection and registration requirements, be sure to cross check those inspection checklists with your current property. If the property wouldn’t pass now, make sure it will pass by the time the city sees it.
Upgrade the space
Once your property is in livable condition, it’s time to upgrade. If you have any left-over budget after the necessities are handled, consider adding a bedroom or a bathroom where you can find the space. These rooms heavily impact the rental price, and the more you have the higher the price. If there’s no space for another bed or bath, think about finishing the basement or upgrading some of the appliances to make the property more attractive to potential tenants.
Use similar properties in your neighborhood as your inspiration. These units are your competition, think about what you can add, or even take away, that would help you compete. Ask yourself what about your home is unique and in what ways does that affect your rentability? If every unit in your area has hardwoods, how can you make your carpeted home appealing? Maybe new carpet? Or is switching to hardwoods, or vinyl laminate that looks like wood, worth it?
Market it to future tenants
You need two things in your listing: 1) Great Photos 2) An Amazing Description
After you’ve perfected the property, it’s time to tell potential tenants that it’s available. Creating the listing is essential in drawing eyes on the unit so you can show it to as many people as possible.
Renters looking to move are quick to make their first impression of a property with thumbnail photos on a map. So, take lots of great, bright, photos of the entire place to showcase the amenities and show potential tenants what it looks like, then choose the best photo to be the first in the lineup. Remember to get the lighting is just right to show every corner of the listing. Dark photos scare tenants away, making them think the unit is dingy and dirty. Light and bright photos show a clean home that’s move-in ready. They can imagine themselves living there a lot easier than in dark and cramped looking units.
Next, they’ll read the description. This is again where other listings in your area can help you.
Read other listings to structure your description and to draw inspiration on what tenants might think is important. Find the selling points and emphasize those above the unique features, especially if those unique features are obvious in the photos.
Amazing home at 5439 Brookline Dr next to community open space in popular Timnath Ranch! Featuring a wide-open floor plan, your new home boasts a sprawling kitchen with granite counter-tops, hardwood floors and tons of storage. Large family room with fireplace, formal living and dining rooms, and main level bedroom/office. On the second floor you’ll find a huge loft and the beautiful master suite with a 5 piece bath. Large front porch and expanded back patio for entertaining and relaxing. Around the corner from a town park and Bethke Elementary. Contact Jon Holsten at (970) 237-2752 for your private showing for more information or click the link below for more details.
Your new gorgeous home at 1586 Grand Avenue in Windsor features an additional main level office and a great room concept with hardwood flooring throughout. Enjoy the beautiful kitchen with granite counter-tops, stainless steel appliances and plenty of storage. The upper level boasts even more elbow room with a loft and all three bedrooms, including a sprawling master suite. Stunning backyard with extended covered patio and fantastic landscaping for relaxing and entertaining. Unfinished basement for future expansion. Contact Jon Holsten at (970) 237-2752 for your private showing for more information or click the link below for more details.
Fantastic ranch-style home at 2508 Mathews Street in the coveted South College Heights neighborhood featuring an open floor plan and wood burning fireplace. This 1950’s home boasts a spacious updated kitchen and hardwood floors. Enjoy the covered patio and large backyard with huge trees, mature landscaping and storage shed. Just a short distance from Old Town and all the amenities the city has to offer. A wonderful home and terrific value! Contact Jon Holsten at (970) 237-2752 for your private showing for more information or click the link below for more details.
This two story home at 821 Snowy Plain boasts beautiful hardwood floors and soaring ceilings allowing for tons of natural light. Upstairs is complete with 2 spacious bedrooms and a large master retreat. The finished basement features a large rec room with surround sound, 1 additional bedroom and a 3/4 bath. Fully fenced yard and a large trex deck with remote control for season shade! Contact Kyle Basnar at (970) 481-5689 for your private showing for more information or click the link below for more details.
This newer contemporary design with premium luxury finishes is just blocks to the breweries, Old Town, and the Poudre River Whitewater park. 350 Pascal Street features an open floor plan, hardwood floors, sleek gourmet kitchen with premium appliances and large island. Master suite with a private patio and a 5-piece bath with a free-standing tub. Control 4 integrated smart home system. Enjoy the Colorado lifestyle in this designers home. Contact Chris Guillan for your private showing at (970) 310-9357 for more information or click the link below for more details.
Beautiful 5 bedroom ranch style home at 7035 Ruidoso Drive in the Fossil Ridge neighborhood. Wide-open floor plan with high ceilings & 2 main level offices or additional bedrooms. Your new home features a gourmet kitchen with granite, tile, custom cabinets and stainless steel appliances. Beautiful hardwood floors, gas fireplace & large windows accent the great room. Huge master suite with sitting area and deck access to enjoy the beautifully landscaped yard. Finished basement with large family room and second master suite. 3-car tandem garage. Contact Jon Holsten for your private showing at (970) 237-2752 for more information or click the link below for more details.