Thinking about Investing in Denver Rentals? Get in now while rates are low! According to the Denver Post, “The average U.S. rate on
the 30-year fixed mortgage fell back below 4 percent this week, staying near
Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan
dropped to 3.99 percent from 4.08 percent last week. Last month, the rate
touched 3.87 percent, the lowest since long-term mortgages began in the 1950s.”
With rates being low and rents as high as they are, investing in Denver
Rentals is a great way to create positive monthly cash flow. Hold onto your rentals over time and then
cash in when prices go back up. Please
let me know what questions you may have.
Compared to owning Denver rentals, fix and flip
Denver Homes offers a faster way to see a return on your real estate investment. According to Find it, Buy it, Fix it by
Robert Irwin, “A fixed-up house will bring top dollar and a quick sale, while a
run-down house will bring a lower price and take longer to sell. So, why not buy a run-down house, spend some
bucks and effort to fix it up, and then quickly resell if for a profit?”
Purchasing Fix and Flip
Denver Homes is a great way to build up your immediate cash reserves. As you build up cash, you can either roll
your profits into buying more fix and flips or use it to purchase rental
properties. Please let me know if you
have any questions.
Contemplating buying investment
properties Denver? If you wait, you run the risk of missing your
window of opportunity as home prices keep falling. According to the Colorado Division of
prices expected to fall 0.7% in 2012: Zillow
Home prices could fall another 0.7% by the end of 2012, according to a Zillow
($33.40 -0.18%) survey of more than 100 economists and real estate experts.
"Looking at the longer history of these forecasts by top economists, the
bottom in home prices always seems just around the corner but never quite
here," said Zillow Chief Economist Stan Humphries.”
Investment properties Denver are a great
investment. When you flip a property,
you make your money when you buy. If you
buy low, then you can still sell low, move it fast, and potentially gain a handsome profit.
Flipping properties are a
great alternative for people who don’t want the hassles of owning rentals. It’s also a great way to build up capital
fast. Please don’t hesitate to contact
me with questions.
Buy Denver Rentals now and cash in on this
prime opportunity as noted by the Denver Business Journal, “Average
rents for condos and single family homes rose year-over-year in every metro Denver county, according
to a report Thursday from the Colorado Division of Housing.
For the entire five-county area — which includes Adams, Arapahoe, Denver,
Douglas and Jefferson counties — average rents rose to $1,062 in the fourth
quarter. That’s up 3.2 percent from the $1,029 average rent posted in the
fourth quarter of 2010, and also up from the $1,049 posted in the third quarter
You may want to Buy Denver Rentals, but the fear of being a landlord is
preventing you from taking that first step.
Just know there are a number of excellent management companies who can
take care of the day-to-day business involved in being a landlord. Management companies can allow you to kick
your heals up and just collect rent.
Owning rentals is a great way to diversify your portfolio. If you plan on holding them for the long
term, then you could possibly end up with a nice-sized nest egg. Please let me know what questions you have.
Interested in Investment
Property Denver, but don’t know what to purchase? Consider distressed properties. What is a distressed property? According to Bill Bronchick and Robert
Dahlstrom, in their book titled Flipping Properties, “A distressed property is
one that creates emotional or financial distress for its owner. Distress may be caused by the owner’s
financial problems or the fact that the property is in need of repair. Either way, the owner is motivated to sell
the property at a discounted price.”
Investment Property Denver is hot right now. As more and more
homeowners find themselves underwater on their mortgages, opportunities for
investors to purchase short sales, foreclosures, and bank-owned homes are still
increasing. This is prime time to
purchase a distressed property, fix it up, and flip it for a profit. Please contact
me with questions.
If you’re on the fence
with your decision to purchase Denver Buy and Hold Homes, consider this: “Colorado is twelfth in
the nation for the percentage of its mortgages that were underwater during the
fourth quarter of 2011. According to a report
released today by CoreLogic,21 percent of homes with mortgages in Colorado had a ‘negative
equity share,’” as reported by the Colorado of Housing Division.
Denver Buy and Hold Homes are a great investment and opportunity
to purchase is still at a peak right now.
When home owners have refinanced and cashed out the equity in their
homes, they put themselves at a greater risk.
If owners fall into troubled times, fall behind on their mortgage
payments, and they have no equity in their homes, then they may have to “short”
their loan to the bank. Short sales
properties are wonderful opportunities for investors. Please contact me with questions
Now’s the time to be Investing
in Denver Rentals. According to the Colorado
Division of Housing, “The average rent in metro Denver for single-family and similar
properties rose to $1,062 during 2011’s fourth quarter, rising 3.2 percent from
2010’s fourth-quarter average rent of $1,029. The fourth quarter’s average rent
was also up from 2011’s third-quarter average rent of $1,049.”
If you’re looking for a good place to park your money, you
may want to consider Investing in Denver Rentals. Prices are low right now, and over the long
haul they will inevitably go up. If you
get in right now, then down the road you’ll be able to sell for much higher as
prices climb back up.
Many people enjoy holding onto properties because of the
fact real estate it’s a tangible asset.
They feel they can control it more than if they leave it in a volatile
stock market. Please let me know if you have any questions.