Newbie from Greenville, SC; Living in Denver

Newbie from Greenville, SC; Living in Denver

Broomfield, CO · Member since 2018 · 4 posts · 0 votes

Hey everybody! I currently work for a vacation rental company, where I speak with prospective homeowners all day. From anyone that had a home passed down in their family to real estate investors with tons of properties. It definitely sparked my interest in real estate investing. I was introduced to the biggerpockets podcast about 4 months ago, but started listening more frequently about a month ago. I bought Brandon's book, "Investing in Real Estate with No and Low Money Down", and I have almost finished it within a week. I'm hooked. Also, my fiancé and I have been looking for a house, to start building equity and be on the other side of renting. Unfortunately, multi-family homes are hard to come by in Denver (We are also being picky on our location because my fiancé works in Boulder and doesn't want to commute an hour+ each way).  I have started exploring other areas to purchase a multi-family home in, but long distance investing is definitely scary. I am new to all of this, and not afraid to admit it. I am also someone that is willing to learn, so I am focusing on the resources I have at hand to learn something new everyday! I look forward to talking with some bigger pockets members and hopefully meeting some of you in the near future.

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Andrew SyriosPro Member
Moderator
Residential Real Estate Investor · Kansas City, MO · Member since 2014 · 10k+ posts · 5k+ votes
8y

Welcome to BiggerPockets and best of luck investing! As far as out-of-state investing, you might want to check out the article I wrote about that: https://www.biggerpockets.com/renewsblog/2014/12/23/investing-out-of-state-essential-items-to-vet/

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  • Andrew SyriosPro Member
    Moderator
    Residential Real Estate Investor · Kansas City, MO · Member since 2014 · 10k+ posts · 5k+ votes
    8y

    Welcome to BiggerPockets and best of luck investing! As far as out-of-state investing, you might want to check out the article I wrote about that: https://www.biggerpockets.com/renewsblog/2014/12/23/investing-out-of-state-essential-items-to-vet/

  • Equity Raiser and Turnkey Provider · Cleveland, OH · Member since 2016 · 4k+ posts · 1k+ votes
    8y
    Originally posted by @Kevin McKittrick:

    Hey everybody! I currently work for a vacation rental company, where I speak with prospective homeowners all day. From anyone that had a home passed down in their family to real estate investors with tons of properties. It definitely sparked my interest in real estate investing. I was introduced to the biggerpockets podcast about 4 months ago, but started listening more frequently about a month ago. I bought Brandon's book, "Investing in Real Estate with No and Low Money Down", and I have almost finished it within a week. I'm hooked. Also, my fiancé and I have been looking for a house, to start building equity and be on the other side of renting. Unfortunately, multi-family homes are hard to come by in Denver (We are also being picky on our location because my fiancé works in Boulder and doesn't want to commute an hour+ each way).  I have started exploring other areas to purchase a multi-family home in, but long distance investing is definitely scary. I am new to all of this, and not afraid to admit it. I am also someone that is willing to learn, so I am focusing on the resources I have at hand to learn something new everyday! I look forward to talking with some bigger pockets members and hopefully meeting some of you in the near future.

     Hello and welcome. Best of luck to you!

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

    @Kevin McKittrick welcome. Nice that you are moving up the learning curve. I would recommend starting with the Set for Life book and the podcast where they interviewed Scott Trench about how to get started in life financially. In my mind the priority should be getting on the other side of the rent vs ownership equation. How you do that is up to you and your fiance'. I would prioritize that above the investing out of state. Obviously that is not the only way to approach the situation but I think it's not a bad way to go about it.

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