Pine Real Estate Trends: Roofs

By
Real Estate Agent with Your Castle Real Estate

Topic:  Investor Series:  Things to look for when you look at roofs

Have you ever driven through Aurora North looking for a rental property and taken a close look at the roofs?   Here's what you'll see: a bunch of 1950's ranches in varying states of repair or disrepair, lawns that are often grassless, old handcrank windows and roofs in almost perfect condition!  This surprised me at first and perplexed me for a long time.  Why, in a neighborhood devastated by foreclosures with properties with massive deferred maintenance are the roofs in such condition?  Really!  Stand in the middle of a typical street and looking at 10 roofs simultaneously, you'll be amazed. Well, it turns out the answer is pretty simple. There was a huge hailstorm in the mid-90's and most of the roofs were replaced by insurance companies then. The result is that while you certainly need to be careful about what you buy in Aurora North, chances are your roof is going to be fine.  Thank goodness for small favors.

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Topic:
Real Estate Market Trends
Location:
Colorado Jefferson County Pine
Tags:
pi
pine real estate
pine investment properties
pine foreclosures
pine fix and flip
pine rentals
pine real estate investing
pine condo

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Fred Griffin presently on Leave of Absence
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

We invite you back to ActiveRain in 2018!

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  Best to you!

Jun 09, 2018 06:30 PM #1
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