- We love Denver, but we’re not the only ones! Great jobs, restaurants, and lifestyle help make Denver #8 in the best places to invest in real estate for 2019.
There are numerous reasons why Denver is ranked in the best places to invest in real estate (both traditional and Airbnb). Let’s discuss why Airbnb rentals in Denver are profitable investments. First of all, Airbnb short-term rentals have become legal in Denver since 2017. Airbnb is profitable in Denver as the city has collected over $3 million in taxes. Airbnb hosts also receive high rental income and return on investment from their rental properties.
Moving on to traditional investments in Denver- according to the Emerging Trends report, Denver’s population is projected to be well above the national average in 2019. Moreover, a large percentage of the city’s population is between the ages of 25 – 44, which is supporting labor market growth. Finally, the Denver real estate market is seeing strong development and investment activity in nearly all property types!
Median Property Price: $467,937
Traditional Rental Income: $2,043
Airbnb Rental Income: $3,462
Days on the Market: 57
Price-to-Rent Ratio: 19.09
@mashvisorcom
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#denver #colorado #summitcounty #breckenridge #coloradosprings #denverapartments #denverrentals #forrent #coloradolifestyle #lifestyle #investments #homeinvestments #freedom #propertymanagement #assets #property #investmentproperty #realtor #houses #increaserevenue #referrals #homegoals #luxeliving #coloradoluxeliving #realestate https://www.mashvisor.com/blog/best-places-to-invest-in-real-estate-2019/
Monday, February 18, 2019
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