Author Archive

Private Money Lending for Mailbox Money- Free Workshop

Private Money Lending for Mailbox Money- Free Workshop

Thursday, May 17, 2018, 6:30 PM

Atlas Mansion
2345 7th St. Denver, CO

3 Members Attending

“Private Money Lending” Ready to escape the rat race, but find you’re TOO BUSY working a W-2 job? Or maybe you’re too busy with family activities to devote the time you need to begin creating passive income? If that describes you, then you need to join us on May 17th to learn about a safe, secured way to invest in real estate that involves minimal …

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Workshop! How do you invest in Large Multifamily Properties?

Workshop! How do you invest in Large Multifamily Properties?

Thursday, May 3, 2018, 6:30 PM

Atlas Mansion
2345 7th St. Denver, CO

4 Members Attending

Investors, What separates the great deals from the duds? Like most real estate properties, success starts with a good blueprint and a qualified, experienced team. We will provide a blueprint to help you evaluate a good “large” multifamily residential property deal. Join us as we host a new event! Come learn at our workshop and stay and have a drink…

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Lunch and Learn w/ Kevin Knebl

Lunch and Learn w/ Kevin Knebl

Thursday, Apr 26, 2018, 12:00 PM

Atlas Real Estate
2345 7th St Denver, CO

1 Members Attending

Kevin Knebl, CMEC is an International Speaker, Author, Trainer and Executive Coach whose clients include individuals and small, medium and Fortune 500 companies. He’s an in-demand, leading authority on Social Selling, Relationship Marketing, LinkedIn and Twitter with a healthy dose of Inspiration, Transformational Insight, and Humor blended in for …

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Real Estate Investing Workshop

Real Estate Investing Workshop

Tuesday, Apr 24, 2018, 6:30 PM

Atlas Mansion
2345 7th St. Denver, CO

1 Members Attending

Yes, you can save for life events, such as college and retirement, by investing in real estate. Join our experts at the next workshop. Free event. Come at 6:30pm and enjoy a short workshop followed by networking with other investors and drinks. We welcome Michael Hills, and Jennifer Reinhardt, experts on real estate investing. Learn from Mike’s str…

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Is Denver in a Housing Bubble?

The housing marketing in Denver is HOT, to say the least. The average price of a single-family home was well over a half a million at $522,000 in March 2018. But is Denver in a “Housing Bubble?” The simple answer is no.

While no one will argue that the Denver Metro housing market is outrageously expensive, it is, like all markets, subject to supply and demand. The market is not overinflated; there is simply more demand than inventory available. We need more houses being built and more sellers to list their homes to match the level of interest from home buyers. Even if the Denver Metro area levels off a bit in the next 4-6 years, with supply meeting demand more effectively, there still will be no “pop” or steep decline.

Watch the video on the right for more on the topic from Atlas Broker, Eddie Reynolds.

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Workshop! How do you invest in Large Multifamily Properties?

Workshop! How do you invest in Large Multifamily Properties?

Thursday, Apr 5, 2018, 6:30 PM

Atlas Mansion
2345 7th St. Denver, CO

3 Members Attending

Investors, What separates the great deals from the duds? Like most real estate properties, success starts with a good blueprint and a qualified, experienced team. We will provide a blueprint to help you evaluate a good “large” multifamily residential property deal. Join us as we host a new event! Come learn at our workshop and stay and have a drink…

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#AtlasGivesBack Initiative Gains Momentum with Help from Community Partners

April 3, 2018
Sara Russell

Atlas’ men’s clothing drive benefitting the Denver Harbor Light Center saw an outpouring of donations. 483 pieces of clothing were given to the charity run by the Salvation Army, providing men recovering from addiction with much needed professional attire while seeking employment. A special thanks to our community partners for helping gather the donations:

This month, the Atlas team will be prepping and cooking a meal for the Denver Children’s Home. The DCH provides hope and healing to kids who have survived trauma, neglect and abuse as they confront serious mental health challenges. Eating a proper meal has the power to nourish the body, mind and soul at a level that is necessary for success of the individual. We are thrilled to be able to make even a small contribution to the wellbeing of Denver area children.

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DENVER METRO MARKET UPDATE: MARCH 2018

March 14, 2018
Sara Russell

February was a big month for Denver Metro’s real estate market, with average single family home prices topping a half million dollars at $502,986. In the Denver Metro market (including Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson and Park counties), we also saw:

  • 2,927 total homes sold; down 2.82 percent from January
  • Average sold price in the single-family home market jumped to $502,986 (up 2.48 percent from January)
  • Median sold price in the single-family home market jumped to $435,000 (up 4.44 percent from January)
  • Average sold price in the condo market increased to $345,632 (down 0.21 percent from January)
  • Median sold price in the condo market increased to $296,000 (up 3.86 percent from January)
  • 4,084 active listings at the close of February, an increase in a month when we typically see a seasonal decline

Considering the median sold price in the area, what can you expect to get around Denver Metro for $400,000? As you can see from the sample listings below, what you get varies by area, so depending on your priorities you could get anything from a trendy condo near Coors Field to a good size family home in a hot North Metro community.

4695 Clay Street,  Denver CO, 80211 – $400,000
2 beds, 1 Full bath, 693 sq.ft.
Built in 1919

6761 E 114th Avenue, Thornton, CO 80233 – $400,000
3 beds, 2 1/2 bath, 2,859 sq. ft.
Built in 2005

4225 Prairie Drive, Brighton, CO 80601 – $399,900
4 beds, 2 3/4 baths, 3,074 sq. ft.
This home has not been built yet, which would allow you to choose your finishes and add your own personal touches throughout.

1929 Windemere Lane,  Erie CO, 80516 – $399,999
5 beds, 4 baths, 2,956 sq. ft.
Built in 2007

14744 E Crestridge Drive, Aurora, CO 80015 (Condo) – $398,008
2 Beds, 2 1/2 Baths, 1,842 sq. ft.
Built in 2017

1700 Bassett Street #313, Denver, CO 80202 (Condo) – $400,000
1 Bed, 1 Bath, 709 sq. ft.
Built in 2005

 

*Data sourced from Denver Metro Association of Realtors Market Trends Committee: https://www.dmarealtors.com/city-and-county-market-trends-reports-mar-18

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Nick Hodapp Advice Featured in US News Home Renovation Article

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Atlas Broker, Nick Hodapp, was recently featured in US News’ article, 7 Home Renovations to Consider for 2018.

At the top of the list:

1. Additional finished floor space. The hot housing market in Denver has translated to low inventory and a higher price per square foot for homes in the metro area, Hodapp says. Similar market conditions exist elsewhere in the country, too.

That means homeowners who might be selling soon should consider adding finished floor space to their homes. “Anything from finishing the [entire] basement to adding an egress window for a basement bedroom” will help boost the value of a home, Hodapp says. In Denver, that amount averages out to $341 per square foot, according to the real estate website Trulia.

Read the complete article to hear more from Nick and other experts on what renovations would provide the greatest benefit.

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Jason Shepherd Quoted in The Close Article about Bitcoin

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Comments from Atlas Co-Founder and Partner, Jason Shepherd, can be found in the latest article from The Close. “How to Explain Bitcoin to Your Clients without Sounding Like a Dinosaur,” addresses the basics of bitcoin in relation to the real estate industry.

Addressing the underlying technology and its impact on real estate, Shepherd says, “It is important to separate the cryptocurrency from the underlying blockchain technology when discussing real estate disruption…The disruption in real estate will come from the blockchain technology (distributed ledger) and smart contracts like those found on the Ethereum platform.”

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