Updated almost 11 years ago on . Most recent reply
Denver member
Hello,
New member here from Erie, Colorado. Denver, Longmont, Boulder are areas I'm interested in.
The price of entry in Colorado seems to be very high at this point, and I'm wondering, after researching opportunities in this state, if it will be too difficult to make the numbers work.
Most Popular Reply
Ben,
Looks like you have gotten a lot of suggestions and advise. That's what BP is for and always feel free to ask for help.
We have done transactions in 17 of the states. We have rental properties in 8 right now and growing. Find an area that you like, actually you should find 4-5. Contact agents in each area until you have 2-3 (in each) that you feel comfortable with. Let them know what you are looking for and let them earn their commission. If you are looking to build a rental empire, then contact property managers directly. They are the best b/c they may have some owners that they know would want to get out of the landlord business so you can get a better price.
Either way, go with caution and ask many questions.
Good luck, Josh