Linear Real Estate Markets in Colorado

[Andrew Curro]

Colorado may be a future destination in the upcoming years. Anyone know which cities would be considered "linear" real estate markets and whether the BRRRR method would be a viable option in that location? Also, any idea why there are so many homes being auctioned rather than sold by owner or agent?

[Colin Smith]

Thank you for the recommendation @Andrew Rosenberg!

Most major cities are going to have a more cyclical market while more rural cities and small towns (resort towns excluded), tend to be more linear. Pueblo would be the largest town on the front range that is nearest a linear market bringing in higher cash flow with smaller margins on appreciation. Colorado Springs is more of a hybrid with the stability of  the large job sectors in military and health care and their consistent funding through government direct funding, government aid, and insurance. I might be a bit biased here as I live, work, play, and invest in Colorado Springs. At the same time, with 45 doors and a commercial building, I have no interest and sending my money outside of this city with its stability. I will surely expect a down cycle in the future but our rents are not overly inflated so as buy-and-hold investor, I have less to worry about. Price are continually driving up with low supply and high demand with how many people are both looking to move here physically or moving their money here. I helped many investors purchase investment properties from around the world but most notably California. 

I'll shoot you a PM @Andrew Curro to connect further.