Posted 08/13/2016

Legal Marijuana Businesses Increase Real Estate Values

Legal Marijuana Businesses Increase Real Estate Values

Buy Low And Sell High

Colorado, Washington, Oregon, And Alaska all have recreational marijuana regulations.  And there's a very good possibility that Nevada, California, Maine, and Arizona will follow in the footsteps.

Lets start with the facts.

Colorado, Washington, and Oregon have seen an increase in real estate transactions and an increase in property values.  Properties are in demand and causing lack of inventory.  This demand has seen the cash buyer and the cash buyer makes for a quick closing.

Compound this with the cash buyer from overseas.  The bulk of foreign cash investors are from Canada, China, and Japan.

Here's another factor that inflates real estate values.

Institutional investors are causing part of the demand.

Institutional investors can be defined as buyers purchasing at least 10 residential homes in a calendar year, and are Wall Street backed companies.  The institutional buyers almost always use cash and average 10 home closings per day.  Their intention is to spend billions and amass a portfolio of many thousands of properties.

Let your imagination run wild here.

There are reports that the people representing these institutions never even walk thru some of the properties.  Wall Street plans on making money.  In the meantime, rentals have become inflated and you can plan on rentals being incredibly inflated in legal marijuana cities.

Wall Street might be smart but I've been studying Nevada for a year.

The saying is:  "buy low and sell high".  If Wall Street has investors interested in theses marijuana states then all real estate investors should be interested.  Marijuana entrepreneurs and the small mom and pop investor will be doing more research on a property than the institutional buyer.  

A medical marijuana business plan

I have been living in Colorado for 26 years.  I'm a former owner of a Denver dispensary.  It sold for retirement.

My book, titled "Colorado Marijuana Real Estate", is a how to guide for the entrepreneur and the blue-collar guy.  This book provides a blueprint for starting a medical marijuana business plan.

Download the eBook for FREE while the promotion lasts:

Read the 5 STAR reviews for this book at Amazon:

Call To Action:  I have Colorado business and residential properties for sale.

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