Hello BP People! My name is Tyler and I am living down in good old Durango, Colorado with my lovely girlfriend and our dogs. We bought our first home last May and have recently started remodeling the place to bring it up to date. The floral wallpaper just wasn't my style...we are planning on putting this home on the rental market this summer and moving on to the next adventure from there. I am currently working in the pest control industry and my territory involves a lot of vacation homes, which has allowed me to see into certain realms of real estate and how different property managers run their operations.
Welome to BP Tyler! Congratulation on your home purchase, BP is definitely the place to be for anything Real Estate related. Get active in the forums and you will learn and meet people that will only enrich your investing career.
Best of luck.
Hello @Tyler Till , welcome to BiggerPockets! Definitely start jumping into the community here and feel free to ask any questions related to Real Estate investing!
Welcome to BP @Tyler
@Tyler Till ! Sounds like you're on the right track!
Thanks everybody, I’ve started skimming through contacts in areas I’m interested in for future investments. Currently focusing on debt knockdown (consumer and small student loans) and the home remodel. Then going to investment savings from there out.
Welcome to BP Tyler and good luck investing!
@Tyler Till set up some keyword alerts for your area. There are a couple of other folks from your area. You should all get together and encourage each other. You can find them by searching for your zip code. Happy Investing.
I'm in Durango too. However I invest in Albuquerque, where i own several multi family properties.
There is a meetup group here that you can join if interested, or reach out to me if you want to chat?
@Jens Nielsen thank you for the offers. When does the real estate group meet up usually? And do you do any investing in Farmington area at all?
@Tyler Till here's the info on the meetup: https://www.meetup.com/Durango-Real-Estate-Investi...
Also, I don't invest in Farmington, however several of the people in the group does.
Let me know if you want to chat more.
@Jens Nielsen thanks, I’ll be sure to look into the meet up. And will let you know if I have questions.
Welcome @Tyler Till. I’m in Farmington if you ever need anything.
Welcome! Be cautious in Durango right now as list prices are high vs. rents, at least IMO. Look for a deal.
@Mark Hughes I am aware of the crazy prices in Durango. We bought our place May '17 for 245k. Remodeling it currently and then planning to put it up for rent in the 1900-2100/mo range. If things get messy or renting just doesn't work out over that first lease term I don't think there will be an issue selling the home for 280-299k. As there are very few homes under 300k and if any do come up for sale they do not last long.
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Wishing you the best!
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