I own a beautiful condo (3bed room) in south Fort Collins and have recently listed it. The rental market is very good. I presently rent it out but would like to unload the property as I live in Denver and I would like to buy a rental property closer to home. Please call me at 303-770-7589. I would like to talk to you.... or email me : jfriedman57@comcast.net

John Friedman

Tue Jul 1 2008, 07:47

I have seen rentals pay for themselves, but a condo is not advisable. Single family detached appreciates better. The Condo market has taken a beating, and it's hard to get rents to cover the HOA. Let me know if you would like to see some sometime. I know this market inside and out, and am a sucessful investor myself.

Thu Feb 21 2008, 14:47

Hey Brian I have lived in Fort Collins since 2nd grade and own investments In Fort Collins now. I think your idea sounds like a good plan. I would advice you to possible consider a single family home over a condo however. Single Family Homes tend to go up in Value Quicker then Condo's. If you like contact me i have last years sales stats in a powerpoint i can send to you. As far as rentals go in this area the market has been great! With foreclosures slightly on the rise in our area and with Foreclosures killing the national market people who have trouble buying are having to rent!

Thu Feb 14 2008, 13:35

Hi Brian,

I grew up in Fort Collins and to answer your question like many others have it really all depends where buy. Colorado State provides an excellent opportunity for renters, so that is an option. Fort Collins is known to be a great place to live with excellent Schools. I know that many people have said that going with a single family home is better if you want quicker appreciation, which is true, but one thing to consider is that Fort Collins has very strict guidelines when it comes to landlords and renters. If you buy a home (single family) and are not able to keep a close eye on your renters or the condition of the property it can be a headache. Property Management would be highly recommended. If you need help let me know and I can give you some advice.

Wed Jan 23 2008, 19:53

The condo market here has taken a hit - we would recommend buying a home and renting that. Your appreciation would be much higher in 4 years. We work a lot with folks relocating here. It would be our pleasure to assist you with your home search. You can reach us at allquest.colorado@comcast.net or 970-581-0738. Hope to hear from you! Margo and David Fredlake

Thu Dec 13 2007, 18:19

I just moved to Fort Collins in March of 2007 and I am renting until my lease is up in March of 2008 and then I will buy something. From everything I have heard about Fort Collins, it is a great idea to buy and then rent it out. With the market being bad there are a lot of forclosures and so people rent. Also, keep in mind that there is the college here too. If you don't want college renters try to stay on the east side. I found my rental property through: http://www.allpropertyservices.com/ALLPROPERTYSERVICES/
also, here is the local paper:
http://www.coloradoan.com/apps/pbcs.dll/frontpage

So far my only advice would be to stay away from the Waterglen neighborhood. Homes are less expensive, but the number of forclosures is insane. So it might take that development quite awhile to recover. Feel free to ask me questions, and I will as around for you.

-Kim

Thu Nov 29 2007, 01:40

Hey Brian,
Looks like 3Br rentals in Ft. Collins go for anywhere from $795-$1195. Take a look at this link to see them for yourself:
http://fortcollins.craigslist.org/search/apa?query=fort+coll…

You can also see all the Ft. Collins for sale listings here: http://www.realasave.com/Search_execute.action?lng=-105.0869…

You can set your search criteria on the upper left side near the map, check condo/townhome box , your price range, etc., then hit "go" and it will show you everything available. Click on the map pins, drag the map around, zoom in, etc., just like any Google Map. Let me know if you have any questions.

Good luck to you,

Sun Nov 18 2007, 10:03

Your better choice is a purchase at this time. The market is set for a great opportunity for recovery in Fort Collins. The opportunity to recover costs through equity plus the savings in reduced income tax consequence suggests that even at a break even(worst case) a buyer could still stand to profit from buying and holding since they would owner occupy for four years. I have some opportunites available for townhouses instead of condos which are a much better investment plus I can assist with creative equity marketing tools to build wealth and tax shelter.

Jim Wetzler
RE/MAX Alliance
Jim@wetzler.us

Thu Nov 15 2007, 13:12

Hey Brian,
As you've already heard, it's a great time to buy in Ft. Collins !! Just make sure you purchase the right property, with the ammenities that are in high demand, and HOA's that are reasonable for what your getting. I'd be happy to help you find the perfect property. I've been in the business for 15 years in Northern Colorado. I can e-mail you listings to look at, so the instant something goes on the market, you'll get it.

Chris Mullins
Keller Williams of Northern Colorado
970-576-5263

Fri Nov 9 2007, 15:10

Hello Brian,
Vacancy rates are heading down to 5% from a high of 16%- rents are expected to increase next year. With property values holding stable and interest rates low, I think its a great time to pick something up. Condos are bit harder to work because the HOA tends to eat up your positive cash flow.

Google KEVCO and check out rental rates in Fort Collins for additional information.

Kevin Bolin
Broker/Partner
The Group, Inc
970-221-0700

Also, check out the link below to see my "top 10" investment properties

Fri Nov 9 2007, 14:36

We love the saying "don't wait to buy real estate, buy real estate and wait". We have rentals in Ft. Collins and have been investing here for over 15 years. We love the rental business. We believe it is a good idea to purchcase, then rent it out when you leave. Always check with your CPA/accountant so you know the tax laws. We can help you purchase. We also have a tenant finding service if your interested. Please let us know if we can help or have questions.
Shawna Lowell
Dynamic Real Estate
Office: 970-226-4433
E-mail: shawna@dynamicrealestate.net

Mon Nov 5 2007, 13:46

I think right now is a great time to buy. The rental market is up and should continue to be up for years to come based on recent and upcoming mortgage/forclosure isssues. Please let me know if you would like me to send over some listings and help you begin your process. jasonb@boulderhomestead.com

Mon Nov 5 2007, 06:25

Hopefully, someone from Ft. Collins will chime in, but my answer is yes. Invest while interest rates are dropping and it's a buyers market. I strongly advise investing for the long term, thus, your plan in general sounds good.
The front range is thriving from Trinidad to Fort Collins. I think you'll be glad you did buy years from now.
Make sure to find a reputable buyers broker to help you with this important decision.
Best of luck,
Susan Walker

Sun Nov 4 2007, 18:13