Thursday, May 10, 2012

Foreclosed, Perfect Rental Property?

I receive an average of two phone calls per week from REALTORS with out-of-state buyers seeking to purchase cheap rental property in the Denver metro area. Our nationally recognized foreclosure rate appears to have created a demand for those properties. Often the buyer speaks of purchasing ten or more properties. My next blogs to be posted will examine the pros and cons of foreclosures to be used as rental properties.

Peter Meer is President/Broker of Meer & Company, Inc., 303-322-1550, which manages 150 single family homes and properties in Denver, Colorado. He holds the Master Property Manager (MPM) designation and the firm holds the Certified Residential Management Company (CRMC) designation from the National Association of Residential Property Managers (NARPM). To learn more about Peter's Landlord solutions visit www.coloradolandlordsolutions.com website. Or visit Meer and Company website at www.meerandco.com.

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