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Investment Property can work so many different ways for you. The key is to know what your needs are and the real estate market of course. Many people don’t take into account how they can enjoy their investment rental property. Life is short so Roger and I like to invest in real estate that we can use and enjoy. It is way more fun than the stock market! You can’t ski down the market! Most people are excited about the prospect of investment property but nervous due to lack of knowledge about your options. I typically get two kinds of buyers here in Breckenridge. The first is strictly a numbers person and the numbers have to work in order for them to move forward which makes perfect sense. The other type of investment property buyer is weighing the needs of their family and friends. Investment property in Breckenridge can be both. Breckenridge is a very emotional place and that is a big consideration when making a purchase for most people. An important factor is that it is a town with a tax base, schools, etc so it can render you return all year on a rental program. If you are in a pure ski resort they do not have provisions such as grocery stores, or as many off season activities. I am biased of course because we love Breckenridge. My goal was to live in a small town where I would know my neighbors and I could walk down Main Street and say hi to shop owners and neighbors. Also, for investment properties the more things you have to draw people in to come and stay in your rental property the higher the occupancy rate. Other options coming in part 2 of Investment Properties

Where are those Homes for sale in Breckenridge you ask? Well, they are still getting scooped up as we roll into 2021. If you have been searching on Zillow or other real estate sites you will see that we are still at a historic low. If you are wanting to make a purchase for a second home or investment property in Breckenridge I do have some tricks up my sleeve. One way is to become knowledgable about a specific subdivision or type of property you are looking for and I have been writing letters to owners stating that “I have a buyer that is willing to pay fair market value” and I have sold two homes in the last month this way. In this market it is good to get a jump on everybody else. So we have some alternatives so give me a call and we can discuss.

So, last I blogged about multiple offers so here are a few more thoughts: