Investor · Broomfield, CO · Member since 2016 · 12 posts · 2 votes
Hello, everyone! I dove right in on a property I'm interested in over on the Foreclosure forum without properly introducing myself. I'm Johanna Burian from Broomfield, CO. In 2002, I helped establish and continue to help run a buy and hold operation with my parents in Oklahoma City. I am now interested in a distressed property in my neighborhood but am also interested in starting an operation here in Colorado. I am interested both in buy and hold and fix and flip. My husband and I own a fixer upper in Broomfield that we have worked on off and on for the last 3 years. It is our second fixer upper so we have quite a bit of hands on experience.
Lender · Denver, CO · Member since 2015 · 404 posts · 227 votes
9y
@Johanna Burian Most definitely. I lived in Oklahoma for about five years in OKC and Tulsa. Obviously OKC will have a much lower price point and is more of a cash flow market with lower appreciation. Denver will have a mix but much stronger appreciation than OKC.
Lender · Denver, CO · Member since 2015 · 404 posts · 227 votes
9y
@Johanna Burian Welcome to Bigger Pockets. It sounds like you already have a solid base of experience from working with your parents. Good luck getting things off the ground here in Colorado.
Lender · Denver, CO · Member since 2015 · 404 posts · 227 votes
9y
@Johanna Burian Most definitely. I lived in Oklahoma for about five years in OKC and Tulsa. Obviously OKC will have a much lower price point and is more of a cash flow market with lower appreciation. Denver will have a mix but much stronger appreciation than OKC.
@Jared Bouzek, how funny that you've made the same move. It's interesting talking to my family in OKC about real estate. It's like we're on different planets. :)
Investor · Broomfield, CO · Member since 2016 · 12 posts · 2 votes
9y
@Brett Snodgrass Nope, we owned a fixer upper but no investment property there. We didn't really have the resources at the time. Too bad, since we lived there during and after the crash.