New to Bigger Pockets, LOVE the resource and community!

New to Bigger Pockets, LOVE the resource and community!

Littleton, CO · Member since 2018 · 3 posts · 0 votes

Hello all, wanted to quickly introduce myself! 

I have ~ 15 years in the construction industry under my belt with both residential (GC) and commercial (retail PM) experience. About 8 years ago, I jumped off the deep end and started a few successful companies (marketing, web & hardware development, event management, and a couple others). Still finding success in my latter endeavors but am looking to leverage my knowledge & experience in the construction industry and get into real estate as this has always been my end goal.  Ahh yes, also graduated from Michigan State with a bachelor's degree in construction management. 

I currently live in Denver where the market is HOT, but am actively seeking deals (residential, single and multi-family) to help build equity and a safety net just in case the market bears towards a correction in the next few years. Primarily interested in fix and holds, but if the opportunity is right, definitely interested in fix 'n flips as well. 

Anyway, just wanted to say hello to everybody and I look forward to being an active member of the community!

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  • Bill S.Pro Member
    Moderator
    Rental Property Investor · Denver, CO · Member since 2013 · 4k+ posts · 2k+ votes
    8y

    @Ryan Randels welcome, sounds like you have a lot to offer. Right now it's my opinion that fix and flips are the best play as it's really hard to make the numbers work to hold properties. Come out to the meetups and see what other folks are doing.

  • Nathan GesnerBusiness Member
    Moderator
    Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
    8y

    @Ryan Randels welcome to BP! Be sure to dig around; there are a lot of resources including blogs, webinars, podcasts, shared files, and more. Don't be afraid to ask questions. We were all beginners once!

    The DIY Landlord Book4.7248 Reviews
  • Littleton, CO · Member since 2018 · 3 posts · 0 votes
    8y
    Originally posted by @Bill S.:

    @Ryan Randels welcome, sounds like you have a lot to offer. Right now it's my opinion that fix and flips are the best play as it's really hard to make the numbers work to hold properties. Come out to the meetups and see what other folks are doing.

    @Bill S. thanks for the warm welcome and the notes. I'll definitely be attending some upcoming meetups, great idea! Any good groups you recommend?

  • Littleton, CO · Member since 2018 · 3 posts · 0 votes
    8y
    Originally posted by @Nathan Gesner:

    @Ryan Randels welcome to BP! Be sure to dig around; there are a lot of resources including blogs, webinars, podcasts, shared files, and more. Don't be afraid to ask questions. We were all beginners once!

     Thanks Nathan! I look forward to digging into the resources and becoming acquainted 

  • Vendor · Atlanta, GA · Member since 2017 · 101 posts · 47 votes
    8y

    Have you considered direct mail campaigns to find properties?  You can work with a list broker to customize the best target for your market. 2 examples for the Denver area include

    SENIORS ready for downsizing

    Age 60-89

    Home value $100-400,000

    Purchased 20+ years ago

    Single family homes

    High Equity

    # available in county: 3,115 -  Adams, 1,580 - Boulder, 3,951 Denver, 947 - Douglas

    ABSENTEE OWNERS with High Equity

    Home value $100-400,000

    Purchased 7+ years ago

    Single family homes

    High Equity

    # available in county: 2,255 - Adams, 1,784 - Boulder, 3,915 - Denver, 677 - Douglas

    Direct mail has been effective to help many investors find the properties that they want to buy - from people who are ready to sell.

  • Bill S.Pro Member
    Moderator
    Rental Property Investor · Denver, CO · Member since 2013 · 4k+ posts · 2k+ votes
    8y

    @Ryan Randels there are several posted here on Bigger Pockets as well as on Meetup.com. Set up some keyword alerts for your areas of interest and you will likely get a message when they are posted.

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