New member in Colorado

[Steven Bishop]

I am 51 years old, disabled and looking for passive income opportunities. The stock market has me disillusioned and I am looking for something more tangible. My wife of 26 years and I love real estate and have had 5 homes built with 4 sold. We have some money available for down payments and are looking to enter this market intelligently. Living in the Denver area has us curious if we are too late and are open to other markets if the situation is right.  Looking for specific perspective on that front.  Thank you in advance for your help.

[Micki M.]

@Steven Bishop to answer your specific question.  It's not "too late" for Denver, it just depends on whether the currently available options meet your investing criteria or immediate financial needs.  As you will hear on hear a lot, real estate is a long game. Sure it's great to buy when the market is down, but it's generally better to buy a deal that works than not buy anything because you're trying to time the market.  Other markets may meet your finanical criteria better but not your personal lifestyle needs, etc.  You'll get mixed feedback but you know what you need in your unique situation to decide where to start investing... and of course you can always change direction later.