Erie Property Management
What you need to know about Erie property management and real estate investing
Pros and Cons of Owning Erie Investment Real Estate
The only downside of buying a rental property in Erie is that you are going to pay a lot to purchase the property!
When residents are in the area - they rarely leave. This is due to the low crime rate, good schools, excellent amenities and close proximity to Denver and the mountains.
If you currently own a home in Erie, we recommend consider keeping it as a rental, rather than selling it. We believe homes in Erie will contine to appreciate and given the high quality of the city residents - it is a great area which gives owner / investors a pride-of-ownership factor that is hard to match.
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- Very low crime rate
- Average income per capita is over $100,000
- Good schools
- Home prices are very high
- CAP rate (investment rate of return) is lower than some other areas