Room with a View, Today. Cash Cow, Tomorrow.
by Osman Parvez
—-
Here’s a pic from my closing this morning.
My buyers were downsizing. For now, they plan to use this 2 bedroom condo as their primary residence. They look forward to the lack of maintenance and lock n’ leave lifestyle. One day, hopefully not too far into the future, they’ll retire and turn it into an income property. It should do very well. It already has an eye popping cap rate.
This is the second closing this month that checks two boxes: For now, an excellent primary residence but one day, an income property. I love starting the year off on a roll.
—-
Ready to buy or sell? Schedule an appointment or call 303.746.6896.
You can also like our Facebook page or follow us on Twitter.
As always, your referrals are deeply appreciated.
—
The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
Room with a View, Today. Cash Cow, Tomorrow.
by Osman Parvez
—-
Here’s a pic from my closing this morning.
My buyers were downsizing. For now, they plan to use this 2 bedroom condo as their primary residence. They look forward to the lack of maintenance and lock n’ leave lifestyle. One day, hopefully not too far into the future, they’ll retire and turn it into an income property. It should do very well. It already has an eye popping cap rate.
This is the second closing this month that checks two boxes: For now, an excellent primary residence but one day, an income property. I love starting the year off on a roll.
—-
Ready to buy or sell? Schedule an appointment or call 303.746.6896.
You can also like our Facebook page or follow us on Twitter.
As always, your referrals are deeply appreciated.
—
The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties. We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate.
Related Posts
Share This Listing!
More about the author
Osman Parvez
Owner & Broker at House Einstein as well as primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has appeared in the Wall Street Journal and Daily Camera.
Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. Learn more about Osman.
Work with
House Einstein
Thinking about buying or selling and want professional advice?
Call us at 303.746.6896
Your referrals are deeply appreciated.
