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Updated over 5 years ago on . Most recent reply

User Stats

2
Posts
2
Votes
Justin Wenzel
  • New to Real Estate
  • Colorado Springs, CO
2
Votes |
2
Posts

New to RE in Colorado Springs

Justin Wenzel
  • New to Real Estate
  • Colorado Springs, CO
Posted

Hey everyone! After listening to BP and other finance/real estate podcasts, I finally decided to get myself in gear and get active on here. I am currently looking to buy my first house in Colorado Springs, CO where I am currently stationed in the military. I have been reading about the VA loan, and studying the local area to see the different types of properties. My goal is to buy a house (3 bedroom, 2 bath minimum), house hack by having a few roommates, and then when I get orders to move, keep the house and rent it out and hopefully make money off of it. Going onto realtor.com, zillow.com, etc and looking at houses is easy, but I am working on becoming familiar with the tools that BP has on here to see if a specific property is actually worth it, and using the calculators to understand what is actually affordable / doable. Thanks for reading!

- Justin 

Most Popular Reply

User Stats

682
Posts
729
Votes
Daniel Haberkost
  • Rental Property Investor
  • Colorado Springs, CO
729
Votes |
682
Posts
Daniel Haberkost
  • Rental Property Investor
  • Colorado Springs, CO
Replied
Originally posted by @Justin Wenzel:

Hey everyone! After listening to BP and other finance/real estate podcasts, I finally decided to get myself in gear and get active on here. I am currently looking to buy my first house in Colorado Springs, CO where I am currently stationed in the military. I have been reading about the VA loan, and studying the local area to see the different types of properties. My goal is to buy a house (3 bedroom, 2 bath minimum), house hack by having a few roommates, and then when I get orders to move, keep the house and rent it out and hopefully make money off of it. Going onto realtor.com, zillow.com, etc and looking at houses is easy, but I am working on becoming familiar with the tools that BP has on here to see if a specific property is actually worth it, and using the calculators to understand what is actually affordable / doable. Thanks for reading!

- Justin 

 Hey Justin, this is a fantastic market to house hack in. There's substantial demand for single rooms for rent so it's easy to be selective in your choice of tenants. Message me anytime if you have any questions.

I agree with @Marcello Di Gerlando that @Colin Smith is an excellent option for a realtor, I used his firm to purchase my house hack here and him and his team are extremely knowledgeable on investing and the local market. 

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