All Forum Posts by: Christine Perez
Christine Perez has started 5 posts and replied 10 times.
Post: Do you recommend investing in Southern Colorado?
- Posts 10
- Votes 1
Quote from @Joshua J Foster:
@Christine Perez thank you!! Good luck to you as well. I will keep you as a contact for when I come across something in Colorado.
Thank you, I appreciate that!
Post: Do you recommend investing in Southern Colorado?
- Posts 10
- Votes 1
Quote from @Joshua J Foster:
Hey Christine, I am just starting out also. I have come to understand that learning about the market you're I Tim before doing anything. If this market is a hotspot? Also keep in mind that summer is a few months away, would this spot accumulate tourists, and such. Some snowbirds love to get away for snowlike activities so that can be a plus.
Congrats on starting out too! You definitely bring up a good point about being aware of how seasonality can impact a potential market. There's so much to consider when locating a good area! Wishing you lot so success on your real estate journey.
Post: Do you recommend investing in Southern Colorado?
- Posts 10
- Votes 1
Quote from @Bill S.:
Personally you can make it work pretty much anywhere. That said, a growing population is a big tailwind. I don't know how those area fair on that front. They are smaller communities so it doesn't take much to move the needle there. I would say the first three you mentioned are tourist areas. I'm sure they saw some pandemic bump but not sure if that has continued. They are smaller communities so that makes it hard in many ways. The main difficulty is finding quality help. Property managers and contractors. I would start there and if you find the right people then I would pick that area vs picking an area and hoping you can get the right people.
San Luis Valley, has some tourism, some education, but is primarily an agriculture community. I don't see much growth in that so personally I would stay away from there.
Colorado Springs has a lot going for it but generally speaking the prices vs income make it necessary to pursue alternative approaches such as short term and mid term or some other less traditional approach.
If it were me, unless I had some sort of inside track to the smaller communities, I would stick to the population bases (ie Colorado Springs) where you can find good people for all parts of your team.
This is so incredibly helpful, Bill! Thank you for these insights. I think you're right about sticking with the areas that have a good population base. I'll probably end up narrowing my search to those areas. Thanks again!
Post: Do you recommend investing in Southern Colorado?
- Posts 10
- Votes 1
I'm interested in learning more about Southern Colorado to possibly buy rental property there. Is there anyone with experience in this area who could share some insights on recommended markets? I'm looking at a variety of different markets and am open to any others I haven't considered below. Thank you!
- Durango
- Crestone
- Pagosa Springs
- San Luis Valley
- Colorado Springs (I realize this isn't southern CO)
Post: Do you recommend investing in Northern New Mexico?
- Posts 10
- Votes 1
I'm interested in learning more about Northern New Mexico to possibly buy rental property there. Is there anyone with experience in this area who could share some insights on recommended markets? I'm looking at a variety of different markets and am open to any others I haven't considered below. Thank you!
- Angel Fire
- Chamoya
- Taos
- Abuiqi
- I've also heard the hot springs of Ojo Caliente and Jemez are nice
- Towns near San Cristobal mountains
Post: Looking for Lenders & Real Estate Agents: NM, NV, CO
- Posts 10
- Votes 1
Quote from @Bradley Buxton:
I have a team of people here in Nevada. I'm an agent specializing in investment properties in northern Nevada, with data and analysis for single family and multifamily. I also have contacts in southern NV. I'll send you a pm.
Thanks, Bradley! We ended up taking NV out of our search, but I'll let you know if we change plans in the future.
Post: Looking for Lenders & Real Estate Agents: NM, NV, CO
- Posts 10
- Votes 1
Does anyone have recommendations for excellent lenders and real estate agents in NV, NM and CO who specialize in residential investment property?
Post: Is Sedona, AZ still a good STR market in 2025 or is it oversaturated now?
- Posts 10
- Votes 1
Quote from @Chad McMahan:
Quote from @Christine Perez:
If I purchase in Sedona, my budget would only allow for a 2-bedroom townhouse. Is that area too competitive and oversaturated now?
If that's no longer a great market, where else would you recommend in Arizona? I'm thinking of Page, Williams, Cottonwood and Flagstaff, but I'm open to any area that is not Phoenix or Tuscon. Many thanks!
Hi Christine.
My clients that can pursue $900k - $4M SFH purchases in Sedona are getting great returns, and typically perform in the top 10% of the STR market.Unfortunately, the under $800k zone is not performing. Some clients are satisfied to break even in this price range. If that's you situation, there are a few 2 bedroom STR friendly condos that can work. Expect $440k-$550k. I'd be happy to discuss. Reach out if this hits target for you.
Thank you so much for sharing this insight, @Chad McMahan! I was hoping you'd respond to my post bc I saw you respond on a few other Sedona posts with great feedback. :-)
Based on what you shared, we would not be a good fit for Sedona real estate. Are there any other AZ markets you're familiar with that you would recommend? We were considering Page, Williams, Flagstaff and Cottonwood, but we can open it up to anywhere that makes sense.
Post: Is Sedona, AZ still a good STR market in 2025 or is it oversaturated now?
- Posts 10
- Votes 1
If I purchase in Sedona, my budget would only allow for a 2-bedroom townhouse. Is that area too competitive and oversaturated now?
If that's no longer a great market, where else would you recommend in Arizona? I'm thinking of Page, Williams, Cottonwood and Flagstaff, but I'm open to any area that is not Phoenix or Tuscon. Many thanks!
Post: Newbie Investor - Mt. Shasta, CA
- Posts 10
- Votes 1
Hello, my name is Christine! I currently live in Phoenix, AZ but I'm looking to purchase land and put two prefab homes on it with my business partner. We're looking to do this in Mt. Shasta, CA because we really love that area. We'll use them as MTR's. I'm looking to connect with local investors, agents, lenders, property managers and contractors who have experience in these areas. :-)