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Updated about 10 years ago on . Most recent reply

User Stats

77
Posts
54
Votes
Lauren H.
  • Investor
  • Colorado Springs, CO
54
Votes |
77
Posts

Buy and hold DIYer in Colorado Springs

Lauren H.
  • Investor
  • Colorado Springs, CO
Posted

Hey BP! 

I've been lurking around the site for a while and posting randomly, but never introduced myself! My husband and I got into investing after seeing his father be a successful apartment owner. We started by managing the townhome which was our first house, then moved to a fourplex. We do the majority of our own repairs and maintenance. The first fourplex was quite the value add! It needed full interior updating, and new paint and windows on the exterior as well as proper grading of the lot that it sits on. The only thing I have paid someone to do is repair a gas furnace. We do the work ourselves so that we can save all of our cash for the next property. We are currently under contract on another building which will bring our total to 8 units. The goal is 20 units, then transition to self-employment.

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