A present for your future.

LIV Sotheby’s International Realty is an expert in residential real estate in the Boulder community, throughout Colorado and beyond. The seasoned experts have deep seeded relationships with clients within the community and are the best in the business. Brokers at LIV Sotheby’s International Realty advise clients on real estate investment opportunities. Top producing Broker, Barb Silverman, takes a moment to share her most valuable insights.


Preparing to Make an Investment


Buying a home is a wonderful investment, the most significant purchase of your life. With the holidays approaching there is a temptation to spend—but you should instead take caution as impulse buys can impact your future purchase ability. Stay current on all your existing bills and keep credit card balances at less than 40% of available credit limit.

A combination of great credit and a good down payment snag the best deals from lenders, so if your credit needs work, you may want to consult a credit “fixer” to remove old non-relevant credit issues.


Financial Saving Tips


There are many saving tips to keep in mind when planning for your future. Some that I live by are: setting aside tax refunds and work bonuses, setting up an automatic savings plan, and switching out high-interest rate loans. Another suggestion is to audit your monthly auto-pay expenses and eliminate any not being used. 

You can also save money around the house: limit eating out to once a week, turn off your lights when not in use, mow your own lawn, fully fill the dishwasher or washing machine before starting, and comparison shop for household items, gas and groceries.


Investing in Real Estate


If you are considering investing in real estate, make sure you know the fundamentals. Ideally, you purchase at the best price to maximize the return on investment, and location does matter. Be knowledgeable with tax benefits and tax depreciation write-offs applying to capital improvements. Larger down payments and great credit are essential to lenders. Pay attention to your ROI, some markets will generate great cash flow but no equity building, and others will have great equity building and little cash flow.

Most important regardless of the circumstance, always retain a good real estate professional for any property acquisition.



Broker at LIV Sotheby’s International Realty