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Updated almost 3 years ago on . Most recent reply

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39
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5
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Jared Chipkin
  • Littleton, CO
5
Votes |
39
Posts

Best Cash Flow "A or B" neighborhoods to purchase multifamily

Jared Chipkin
  • Littleton, CO
Posted

What are your thoughts on the best neighborhoods or cities across the country to achieve solid cash flow with multifamily(2-4 unit) while still being in an area that you would raise your child.  Low crime, good schools, parks, etc. 

Most Popular Reply

User Stats

23
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12
Votes
Jerome Depner
  • Rental Property Investor
  • Colorado Springs, CO
12
Votes |
23
Posts
Jerome Depner
  • Rental Property Investor
  • Colorado Springs, CO
Replied

Anyone who wants to know,

In my  9-5 work I tend to see vacancy ratios while visiting large properties in the Colorado Springs area and can tell you that I regularly see vacancy rates that make me drool with wait lists that are miles long. With out going into tons of detail I believe that Colorado Springs is a pretty safe area to look for a larger commercial purchase. We offer a lot of military bases and the Olympic Training Facilities to start, secondly the last stat I saw was 4,000 people a month moving to Colorado in general. I do expect that the influx of people will subside eventually as many come only for pot and then see that they can't survive here and move on.

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