The Right Time To Buy Your First Home
Our property management company currently manages about 8 duplexes located on a small dead-in street. Now you have real estate working for you and you are on your way to serious income producing cash flow. Also, be aware that real estate investing is a career for many people, and they are here in Colorado in big numbers. You do not want to risk losing money on a multifamily property the first couple of times you make an investment.
Remember that due diligence is a must for successful real estate investment. It is an easy calculation you can make in your head, and can be used when you simply want to get some idea how the price for one rental property compares to similar properties recently sold or currently for sale in the market.
If you have been wondering what, exactly, is the difference between condos, duplexes, and townhouses, then you …