We have worked with hundreds of investors,
coordinated the purchase and sale of hundreds of investment properties,
and made our clients MILLIONS!
Rob Reinmuth
Founder | CEO | Broker-Owner
Your Colorado Springs Realtor, Rob Reinmuth, is the owner of Acquire Homes, Inc. He is a Colorado Real Estate broker who comes from 10 years in the banking industry.
Established in 1989 in Colorado Springs as a real estate investor himself, Rob has negotiated 100’s of property transactions with success. Rob believes his Clients homes to be the most important investments of their lives.
He was inducted into the Elite 25 of Colorado Springs in 2017 which consists of some of the highest-volume selling agents in Colorado Springs.
Rob has a Son who serves in the United States Marine Corps and a Daughter in College. He grew up in Colorado Springs and knows it well.
Buy and hold real estate investing is a long-term investment strategy that involves purchasing a real estate property or properties and holding onto them for a period of time in order to generate rental income and gain equity appreciation. It is a popular strategy amongst investors looking to create a passive income and build wealth over the long term. Investing in buy and hold real estate can be a great way to diversify one’s investment portfolio, as it offers a range of potential benefits such as steady cash flow, tax advantages, and potential appreciation of the asset.
In the past, investing in real estate in Colorado Springs required little or no money down. That is not the case anymore. New regulations and lending controls have eliminated no money down loans. In most cases, lenders are now requiring a 25% down payment for an investment property. Even though investing now requires money down, it does not necessarily need to come directly out of your personal bank account. There are ways in which to get your down payments. Home equity loans, self-directed IRA’s or the sale of stock are some examples.
We have managers that manage property 8-10 hours a day, 7 days a week. To screen tenants, They pull credit reports, background checks, verify income, verify references, handle emergencies in the middle of the night, etc. The founder of the company does not even manage his own properties.
Absolutely, Working with us does not mean you must use our management services. However, I would strongly suggest that you do not take on management yourself. Every year, Americans invest billions and billions of dollars with money managers on Wall Street to invest for them. They are the experts who know how to invest our money. They trade our dollars 8 hours a day, 5 days a week. We trust them. Likewise, why would we invest 100s of thousands of dollars in real estate and attempt to manage it ourselves?
We have managers that manage property 8-10 hours a day, 7 days a week. To screen tenants, They pull credit reports, background checks, verify income, verify references, handle emergencies in the middle of the night, etc. The founder of the company does not even manage his own properties.
Experts generally agree that you can plan on annually spending 1 percent of the purchase price of your house on repairing gutters, caulking windows, sealing your driveway and the myriad other maintenance chores that come with the privilege of homeownership. Newer homes will cost less to maintain than older homes. It also depends on how well the house has been maintained over the years.
We have managers that manage property 8-10 hours a day, 7 days a week. To screen tenants, They pull credit reports, background checks, verify income, verify references, handle emergencies in the middle of the night, etc. The founder of the company does not even manage his own properties.
Fix and flip real estate is a type of investing in which an investor purchases a property in need of repairs, renovations, or updates, and then resells it for a profit. This type of investing can be a great way to make money, but it does require some knowledge of the real estate market and the ability to spot a good deal. Fix and flip investing can be a great way to get started in real estate investing, provided you have the right resources and are willing to put in the work to make it successful.
The answer is really yes and no. Let me explain. It is true that many investors are making a living in Colorado Springs by flipping properties. However, it is a full-time job for them. They are profitable because they buy in bulk, have contractors who work inexpensively and have mastered the art of rehabbing and selling quickly. They also have the cash needed to hold if needed. If you have cash, plenty of time to spend working and coordinating a flip, you can indeed make money.
There are others, who are borrowing hard money loans (expensive) who do not have the time to invest in the flip. These are usually first-time flippers. They also do not have the vendor, contractor or retail resources available to do the flip cost effectively. These are the ones who get in and do not succeed in making a living. Let me be clear, flipping is NOT a part-time job. You need time and resources to be successful. Whether you are a professional flipper or a first-timer, we will always consult with you. With our help, you will have better success than reading a book and attempting it on your own.
We have managers that manage property 8-10 hours a day, 7 days a week. To screen tenants, They pull credit reports, background checks, verify income, verify references, handle emergencies in the middle of the night, etc. The founder of the company does not even manage his own properties.
Wholesale real estate investing is one strategy in which I strongly suggest practicing caution: Wholesale transactions can be used in some cases of your overall investment strategy and can be very beneficial. Wholesale is buying properties that are at least 30% under value and flipping to other potential investors for a small fee.
Take Caution: In some cases, wholesale investors may slightly overpay for some of the properties just to get them under contract while looking for unsophisticated investors to purchase them. This strategy can really take advantage of their lack of sophistication. Be careful, wholesale can become unethical, immoral, and sometimes illegal. I do not advocate the wholesale strategy as a goal-setting strategy. It should only be used in isolated cases.