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Is it a good time to purchase Denver to Boulder investment property?
A friend asked me this question yesterday: "What's the rental market like now....and is it a good time to purchase an investment property?"
In my opinion, it is a good time to purchase an investment property, especially if you would have to finance it.
Since there are still a lot of foreclosures in Denver's northern suburbs, and unemployment is staying stubbornly high in the Denver area, I believe prices may go down a little further, especially in the lower-priced neighborhoods. But if you wait for lower prices, you may pay more with higher interest rates. 
And a lot of signs are pointing toward the fact that we are at or near the bottom of home prices (read my previous post by clicking on the blue text). Some homes between Denver and Boulder have actually appreciated slightly.
If you're paying cash for an investment property, you can get the best deals. The big bad corporations (banks) who make the decisions on these 'distressed' sales really like not having to worry about whether you can get your financing or not. 
As far as the rental market goes, I recently had a rental property become vacant, and I had at least 6 calls a ... more

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