Pueblo Colorado Buy and Hold?
Hello fellow BPers.
I live in Denver and am looking for my first buy and hold property and have been eyeing Pueblo CO.
Anyone have any insight on the market in Pueblo and which neighborhoods to avoid?
Any advice would be welcome.
Thanks
Logan
Most Popular Reply
Hi Logan, I live and invest in Pueblo, and what the others are saying is very true, it can be a hard market. I am fairly new to it as I only have 2 rentals. I have had pretty good success so far, but it not the case for a lot of others I know. The good thing about Pueblo is the price of house and the price of rent. Most houses are renting for 1.5 to 2 percent of sale price which is pretty good. The bad news is here is a of rough area of town. If you do not mind me asking what price range are you looking in ?