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Updated over 7 years ago,
Help looking at buy & hold in Colorado Springs
I'm looking for my first investment property, and I'm looking for a: advice on the location and b: recommendations for a realtor in the area who has experience with investments.
I'm thinking Fountain because its not a huge drive from Denver, and my parents live a few miles away so I'm down that way somewhat frequently. Prices are also still somewhat approachable, so thats a big plus. There is also a military base nearby, so I'm counting on having prolonged rental interest. I'm hoping for a cap rate of 10% but I know that will be hard to come by.
I need someone who is local to the area, has experience with investments, and has a pulse on the current market. I'm pre-approved and ready to go, but knowing what to pull the trigger on sounds daunting.