Colorado
Hello everyone!
I'm still in the research stage of my first investment in the U.S. I'm currently researching the Colorado market. It is appealing to me because it seems like a great place to visit a few times a year and also to bring the family on a holiday every year. I am based in Hong Kong and Guangzhou where the air pollution is bad. It would be nice to get my children into some fresh air for a healthy break. And it would only be possible if I have a small business to run on the side. The business would have to generate a decent return for me to make it work and I plan on adding to it every year. To start I would like to target a multifamily property in a good but affordable area with growth that would generate rental income. My budget is about $500,000 cash. Does anyone have any ideas and/or suggestions. Which cities/towns to look at? Why or Colorado is or is not a good state to invest in? Is this dream possible or should I be looking at other states, and if so, which other states?? Thank you for your time.