Pueblo Colorado Market Updates
Hello all, it’s been a while since I posted anything about the Pueblo Market.
Personally, I’m doing both Buying and Selling.
Properties have appreciated well and I’m cashing out on properties that are no longer producing good returns. This is compared to the equity locked in the property. Making $6,000/year on a property with $100k equity built up is only 6% and has to go.
I plan to redeploy the capital back into the market. Properties are still meeting and beating the 1% rule so I’ll buy.
I’m expecting this whole house of cards to come down, and crash. Then it’s back to buying more properties.
What is everyone else seeing? What are your plans for Pueblo