Podcast 111: Should you Invest in a Hot Real Estate Market?
By reinvestor on August 2, 2017
The real estate market in Colorado has been crazy. Median prices in my town have jumped from $110,000 to $280,000 within 5 or 6 years. My town has some of the lowest prices in the area! With real estate prices increasing so fast, I decided to stop buying residential rental properties and focus more on flipping. I stopped buying rentals for a number of reasons, but the biggest one was that I could not cash flow on properties anymore.
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