Home Buying in Vail>Question Details

Lanzagorta, Home Buyer in Vail, CO

which would be on your opinion the best main city to invest on rental properties and why?

Asked by Lanzagorta, Vail, CO Thu Jul 30, 2009

i am planning on buying some properties for rental purposes and have no real inclination for any city as long as it is a main usa continental city and need some advice to nail the search

0 votes Share Flag Home Buying in Vail

Help the community by answering this question:


At this time Gypsum and Eagle are great areas to invest in rental properties. Both communitites are no further than 30 minutes to Beavercreek and Vail and only 120 miles to Denver. There is also a regional airport that now offers year round service to the Vail Valley. We work with many investors and would love to speak with you about investing in the Vail Valley.
0 votes Thank Flag Link Thu Mar 21, 2013
Not in Vail I am sorry to say. The numbers don't make sense. I can refer you to some great brokers around the country where the prices are lower and the rents support or exceed the cost of ownership.
Mark 970.376.3204
0 votes Thank Flag Link Wed Oct 3, 2012
Depending on your desired ROI and price point, I recommend Vail Village or Beaver Creek for vacation rentals and surrounding areas for long term rentals. Seeking the advice of local property managers and realtors will provide you with a clear picture of each demographic. Another factor to consider is the back end as Colorado is very landlord friendly as California and Missouri [among other states] are very tenant friendly and take a long time to evict tenants. This can cost a lot when you have an occupant not paying and cannot move them out in a timely manner in loss of rents and potential property damage.

The general web sites do not take into consideration that employee rental housing may be located next to an elite mountain side rental thus skewing the rates. Your local professional will filter out the undesired inventory to focus on your specific criteria.

Some other factors to consider are long term rentals vs vacation rentals, price point, ROI, location [on bus line or adjacent to ski run or water] target demographic. We focus on the high end renters who expect maid service among other services thus protecting your investment and managing your maintenance costs. Check out our web site for more information on the Vail and Beaver Creek Resort area http://www.kingrealty.com
0 votes Thank Flag Link Sun Aug 19, 2012

Perhaps giving these sites a look will assist you in forming some ideas on places to investigate ...

http://www.zilpy.com/ ... http://www.rentometer.com/


Good luck, Dunes
0 votes Thank Flag Link Tue Aug 11, 2009
We should meet I live in Vail as well. My favorites are Indianapolis, IN, Kansas City, MO, Memphis and Birmingham AL. Mind you these are for cash flow, not necessarily appreciation, and you will get it. Our favorite is Indianapolis, and we buy and sell homes every month for investors. Mostly turn key homes, rehabbed, rented, and managed sold for under 75K. Excellent cash flow, and great returns. Check out http://www.ezkeyre.com, if you get the chance.
Erik Sale
Web Reference: http://www.ezkeyre.com
0 votes Thank Flag Link Tue Aug 11, 2009
Hi Lanzagorta,
As you are well aware, this is an ideal time to invest in real estate. I would recommend college towns in Northern Colorado including Boulder (CU http://www.colorado.edu/ ), Fort Collins (CSU http://www.colostate.edu/ ) and Greeley (UNC http://www.unco.edu/ ). I help investors analyze their return on investment and also manage rental properties in the Northern Colorado area. Currently there is a very high demand for rental housing and college towns tend to retain their value over time. Follow this link for more information on the area: http://www.takemehomerealestate.com/local_info.html

I wish you the best and look forward to hearing from you if Northern Colorado is a potential area of interest for your investments.

Lori Jarrett, Broker/Owner
Take Me Home Real Estate, LLC
0 votes Thank Flag Link Thu Jul 30, 2009
Parts of Aurora, because of the redevelopment of Fitzsimmons & the creation of the East End Arts District.
Parts of Lakewood and Golden because of the expansion of the Light Rail to the West.

I work with investors and am happy to assist.
0 votes Thank Flag Link Thu Jul 30, 2009
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