Co Springs ICOR Chapter Meeting | The Latest in Real Estate | October 2024
Re/Max Properties
1915 Democracy PointSuite 399
Colorado Springs, CO 80908
Event Details
ICOR hosts a chapter meeting in Colorado Springs, every month. Join other like-minded Real Estate Investors and Real Estate Professionals each month and learn the latest trends in Real Estate Investing.
Members have the opportunity to share properties and rentals they have available or to share what they are looking for in the Haves & Wants portion of the meeting. From National Real Estate Experts to Local Real Estate Investors, you will always learn something to move your Real Estate Investing business forward.
Our Meeting Agenda
-
6:00 p – Open Networking
-
6:25 p – Guest Orientation
-
6:35 p – Haves & Wants and Facilitated Networking
-
7:05 p – Association News & Announcements
-
7:15 p – Presentation & Discussion
-
8:30 p - Meeting Adjourned
*Meetings are free for first time guests. $20 for returning guests.
(Your guest fee can be applied to your membership should you decide to join at the event)
October Overview:
Following the Path of Development:
Learning to Evaluate Deals by Score Neighborhoods
When it comes to investing in real estate, some people follow a traditional strategy—buying properties based on past performance, current trends, or popular areas. But there’s a more forward-thinking approach: following the path of development. This means paying attention to where cities are growing, what areas will likely be the next hotspots, and using data to predict future demand.
Instead of just looking at past home prices, investors can create systems to measure a neighborhood’s potential by tracking key metrics. These metrics can include things like new infrastructure projects (like roads or public transportation), planned housing developments, and increases in business activity. They can also look at zoning changes, population growth, and even the types of businesses moving into an area. These indicators suggest where people will want to live and work in the future.
Investors can get ahead of the curve by scoring neighborhoods based on these forward-looking factors. This is often more reliable than past performance, which can be misleading if an area has already peaked. Following the path of development allows investors to make smarter, long-term decisions and uncover opportunities others might miss. Essentially, it's about measuring a neighborhood’s future, not just its past, and that’s what can lead to real success in real estate investing.