The biggest advantage of urban real estate versus other niche areas is the ability to liquidate quickly. If the property is in a good area, is well kept and has excellent cash flow, investors will always be attracted to it. Besides having a lump sum up front, there’s nothing investors love more than an asset with heavy cash flow. In my urban properties, I typically cash flow $400- $500 a month NET after expenses. All this from an initial investment of under $30,000. With that kind of cash flow it is easy for me to find an able and willing buyer to sell to if I need some immediate funds. In a soft market, your survival depends on your ability to lower risk and liquidate on the fly.
Urban properties allow investors to increase potential cash flow by buying in bulk. It is not uncommon in some areas of the country to purchase 5-10 cash flow properties for $100,000 total. Imaging buying 10 properties at one time and they are all ready to start earning a return on your investment. No rehab needed, just find a manager and start collecting. Urban properties allow you to reduce your risk by acquiring more assets with less money. If one property sits vacant, the others are still earning cash flow and keeping the business profitable.
____________________________________________
Investing in a Colorado Springs real estate may fetch you good returns if you decide to sell off the property at a later time. Owing to the reputation of Colorado Springs as the most beautiful part of the country, many people come looking for homes for sale in Colorado Springs. A good Colorado Springs REALTOR can be of great help while looking for some of the best homes. The Colorado Springs commercial real estate properties are also some of the most sought after properties in the market. You may contact Mike Stuard for all your commercial real estate needs.
No comments:
Post a Comment