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Updated almost 8 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
Robert Krechter
  • Investor
  • Denver, CO
1
Votes |
6
Posts

Newbie from Denver, CO

Robert Krechter
  • Investor
  • Denver, CO
Posted

Hello BP world. My name is Rob. I've been lurking for a while and decided it was time to introduce myself. I currently own a SF rental and have done a previous flip. Currently work a W2 as a firefighter but hoping to someday transition to investing full time. Looking forward to meeting some new peeps. 

Most Popular Reply

User Stats

6
Posts
1
Votes
Robert Krechter
  • Investor
  • Denver, CO
1
Votes |
6
Posts
Robert Krechter
  • Investor
  • Denver, CO
Replied

@Sukreet Singh and @Bill S. thank you. I have bye no means written off the Denver and Colorado markets. I would prefer to keep it close and use a modified BRRR method. But from my research I believe the smaller amount of cash that I have($100kish) to start might go a little farther in other markets with less competition. Something that I'm willing to explore. You are absolutely right that my current jobs offers a fair amount of time to start this endeavor. But I do have a goal to move on completely from my W2 in the next 6-10 years.

Does anyone believe a market correction is coming for the Denver markets? I read an article recently suggesting just that. Might be advantageous for someone in my position to hold onto some cash should that come in the next few years. 

Thanks again for the welcomes. 

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