Why is Montrose a great place to invest? This city is the Service Center for Montrose and for four (4) surrounding counties. Home Depot, Office Depot, Wal-Mart Supercenter, Chili’s, Quizno’s, Papa Murphy’s, Dunlaps, Hastings Music and other businesses have located in Montrose. Walgreens is coming soon. These companies build in a market that they have researched in depth, and know the population base will support their business.
Vigorous residential and commercial development has been underway for several years. It is not too late for you to be part of it.
Unlike the Stock Market, you can invest in Real Estate for the short term to realize gain or appreciation. Anytime you purchase Real Estate, either as a single family owner occupied residence or to build your investment portfolio, you are investing for appreciation in values. Just over 1/3 of Mike’s business with Buyers in 2004 was investment purchases.
A REALTOR® can assist you with your investment purchases by helping you to find financing, keeping up with the current market and alerting you to newly available properties which match your portfolio, and walk you through the possible entities you’ll need to make changes to zoning, land use, etc. So long as you are upfront and honest with your Realtor® your Realtor® will be your best ally in your desire to invest.
For 1031 Tax Deferred Exchange information, check the website: http://www.expert1031.com.