What we're about
Upcoming events (4+)
An accessory dwelling unit, or ADU, is a straightforward and old idea: having a second small dwelling right on the same lot (or attached to) as a traditional single-family house, such as:
-an apartment over the garage
-a tiny house (on a foundation) in the backyard
-a basement apartment
As Colorado grapples with affordable and housing demand issues, cities across the state continue to relax zoning regulations to help offset the demand and create more affordable options.
Many investors see this as a value add to existing single-family rentals to double the cash flow on a single property. But before you even begin breaking ground, there are many things to consider, such as:
-Is or will the property be zoned to allow for the unit?
-Is my lot the appropriate size?
-Should I consider a stick-build or a prefabricated unit?
-Are there special permitting or criteria I should be aware of?
-Is there special financing for ADUs?
-What are the numbers on a unit to make it move-in ready?
-What is the timeline for an average unit?
-What am I missing?
Join ICOR in August for three local panels to answer these and other questions from our panel of "been there done that" experts, including:
-Active ADU investors
-and city officials from Colorado Springs (8.9), Denver(8.10), and Northern Colorado (8.11)
Join us to learn and expand your rental portfolio with your existing single-family rentals!
Successful investors create their deal evaluation criteria to match their goals and live by it. This workshop will teach you how to do it.
- Create bids in 10 minutes
- Timing your offers
- Assess the After Repair Value quickly
- Evaluate multiple exit strategies
- Winning offer strategies
- Set your purchase price
- Estimate your fix-up costs
- Calculate after-repair value
- Set exit goals based on analysis
- Quick Property Assessment tool
- Fix-up estimate sheet
- Neighborhood rating system
- Property inspection form
- New investors
- Intermediate investors
We believe that an investor should be able to walk a property in 15 mins or less to analyze a property. You should be able to:
- Find your purchase price
- Determine your fix up costs
- Determine your after-repair value
- Determine the numbers based on multiple exit strategies
This workshop teaches you how to analyze real estate deals quickly and make offers and presentations that stick with buyers and sellers. We've created a full day workshop with case studies and real live deals to get your feet wet and getting YOU thinking fast on your feet!
For ZOOM Link, register @ www.icorockies.com/events/how-to-build-a-buyers-list-that-acts-like-an-atm-
In martial arts, there are many types of combat styles, and understanding the adversary sitting across from you is crucial. Judo, Karate, and Kung Fu are just a few examples of combat styles, and each is different in approach, fighting style, speed, etc.
When you think about it, the same comes to real estate buyers, and their different needs wants, and priorities!
This 90-minute session will help you understand buyer types, and how to find, market, and create the buyers' list that acts like an ATM!
We will cover:
- Understanding the 6 types of Buyers when Building Your List
- Prioritize Buyer Types
- Networking Strategy
- How to take care of & NOT tick a buyer off
- Avoid common mistakes in your postings
- Creating the ultimate wholesale package including 8 critical photos
- How to control a buyer
ICOR provides access to information, education, and networking opportunities which are essential to many people and organizations who want to be successful investors. Learn about the resources, meetings and focus groups, and communication that help you make the best of ICOR.
Please join us for an evening of networking and stimulating discussion among noted real estate investment experts in our region. We will be bringing in experts to teach and share in a comfortable format on a wide array of topics that you need to know about to be a successful investor.
More info at https://www.icorockies.com/events/
6:00 pm - Sharing Success / Haves & Wants
6:20 pm - Market & Association News
6:30 pm - Main Meeting
8:30 pm - End of Main Meeting/Continued Networking
Cost: Free to Members. Guests & Non-Paid Members meetings are $15 per individual
Please check the calendar (https://www.icorockies.com/events/) regularly as each month is a different topic. Hope to see you at the meetings!