Steven Shane's Real Estate Blog | Aspen, CO | Buy a House, Condos, First Time Home Buyers, Housing Market, Seller's Agent, Buyer's Agent

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stevenshane
Steven Shane
Broker/Owner
    Years of Experience: 15 Years Experience

    One of Aspen’s Top 5% of Brokers
    Member Aspen Board of Realtors
    Member Colorado Assoc. of Realtors
    Member National Assoc. of Realtors

Direct: (970) 925-6063



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We Visit Aspen Often and Love it! We Would Like to Buy a Starter Property But Keep it to a Bare Minimum. Any Thoughts?

One of the upsides to Aspen is that a homeowner, if so inclined, can rent their home to offset the carry. So, although a $2,000,000 purchase price seems hefty, if you can net $60,000 in rental income, it is as though you only paid a million dollars for your property. Once the economy and real estate market turn around, you will have a great cost basis and an opportunity to trade up. In addition, we offer fractional properties available from the $200,000 range up or studio hotel rooms nearby with owner financing starting at $159,000.

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