Barb Schlinker The Real Estate Voice

Why Real Estate Investors Are Buying Up Homes in the Colorado Springs Area?

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Sinopsis

719-301-3900  | Your Home Sold Guaranteed Realty ColoradoMany homeowners consider renting out a home they need to move out of instead of selling.  The rental business is heating up with Investors Buying as many rentals as they can. What are some of the pros and cons of selling the home vs renting the home out?There are a lot of factors to consider:* 80% Increase in Investors Purchasing homes* Average Price for a Home $539K* Top Selling Agent In Town Represents ONE cash Investor…383 homes in 2021!Question?  WHY ARE THEY BUYING?* Asset that pays investors back* Asset that increased in value by 24.9% in the past year! AND OVER 15% THIS YEAR* Asset that commands Higher Than Ever RentMore Reasons Why Investors Buying Homeo Not Interest Rate Sensitiveo Hard Asseto Steady Appreciationo Income Producingo People need housing / Rising Populationo NOT subject to Stock Market Fluxo Why Home Owner Needs to Consider Whether a Rental is Right for THEM!* Need Net Proceeds from the Sale * No Experience in Being a Landlord* Mo