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Updated almost 5 years ago on . Most recent reply

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Maxwell Coleman
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Aspiring Apartment Complex Investors (Denver or remote)

Maxwell Coleman
Posted

Hi BP,

I just moved to Denver and have decided to set my sights on building a portfolio of apartment complexes with my college friend @Matt Glebus. Currently reading David Greene's book on Long Distance RE Investing and looking to make moves either in Denver, North Carolina (Triad), or elsewhere. 

We've saved what we think is a good chunk of cash and are excited to get started putting our growing knowledge to use.

Any reading materials or podcasts suggestions are more than welcome! Very eager to test our ideas by some experienced investors as we continue to learn.

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Stuart Grazier
  • Investor
  • Parker, CO
389
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550
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Stuart Grazier
  • Investor
  • Parker, CO
Replied

@Maxwell Coleman As a new investor in Denver, I'd start with the house that you live in. As Steve mentioned above, maybe start with a 2-4 unit that you can house hack on and get the best conventional financing available. This is the absolute best time to lock in long term 30 year financing at unbelievably low rates so my recommendation would be to start with your personal residence and do house hacking, live in it for a year or so, then do it over again. 

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