This is something that my clients have been taking advantage of for the last 18 months or so, but low vacancy rates and increasing rents have strengthened the rental market in Northern Colorado. Like I said, with KEVCO vacancy rates at 0% and our pre-lease rate at almost 90% for August 1st so far, my investors have been increasing their cashflow on properties across the board.
But the overall health of the rental market in Fort Collins will bring even more increased rents and lower vacancies to KEVCO properties, and make your cashflow and yield target numbers even easier to achieve.
There are a few properties on the market currently that I’ve come across on the KEVCO Investment Tour that I would recommend for anywhere from first time investors to seasoned pros. I look forward to working with either type of client, so give me a call or shoot me an email and we can talk more about it. I hope you all have a great week!