Updated over 10 years ago on . Most recent reply
Condos in Downtown Denver
I have an opportunity on a 1031 exchange to invest some cash that I want it to cash flow well in a rental market. Furnished rentals can generate $1000+ per bedroom in Boulder. I am not sure about Denver. I have always had houses and recently I am considering Condos because of less of a maintenance headache.
What neighborhoods are best for rental income? I prefer a good walkability to Downtown.
I also would like to enjoy a weekend every month or so in Denver as a get away. I plan to furnish the condo and rent it out STR or M to M. Is there a market for renting M-F and keeping it available for the weekends? I am thinking of the executive that flies in and out. I know that hotels are actually cheaper on the weekends.