Interested in Pueblo

[Matthew Soll]

Hello,

My name is Matt. My wife and I want to get started in real estate and are looking at a buy and hold strategy in the Pueblo area. The obvious attraction is the home prices down there compared to the rest of the state. My wife and I's biggest concern is buying in such a lower income area and are curious of peoples experience with low income tenants. Damage, theft, evictions? If anyone could weigh in we would love the feedback. 

Thanks a ton!

[Jason Eberhardt]

I am a investor in Pueblo i have a few lower income rentals and I also do some flips in the mid to high areas. This how I see it I have seen the really bad and low income areas of springs as I used to work in springs full time, you get what you pay for. You want good tenants than buy in good areas. You want lots of cash flow buy in low income areas. This idea dose not change much from city to city, state to state. I have 2 house on the east side and they cash flow so great and I have the best tenants living there and have zero problems. I also have one in Bessemer and I am having problems with that house right now. 

I would be happy to give to any info From what I know if you let me know what you want to see.

Thanks Jason..