All Forum Posts by: Marcelo Chaparro

Thank you guys, actually all of your comments help a lot, a lot of good thoughts and knowledge that I would use. I'll continue looking for deals and getting ready to make my first move. Definitely actions and not too much overthinking!!

@James Carlson Thanks for your wise advice. The hardest step is definitely the first one and I have to admit that I get consumed by my lack of expertise trying to read and learn way too much before making a move.

It's good to know that we need to be creative to succeed in Denver. Thank you for sharing your experience, I'll definitely get in touch with a lender to start.

I am a new investor and I dont have any property just yet, however, Im determined to start building my empire this year. I live in Denver CO and I understand prices are really high right now here and is also a "sellers market".

My goals however are:

1. Buy multi-unit properties that I can rent to produce cash flow and appreciation (But focus specially on the cash flow side)

2. Buy properties that are not that expensive, hence they can produce some good cash flow after all expenses have been paid including vacancy, CAPEX, repairs, taxes, etc.

I was wondering if any of you guys are familiar with the Denver market, maybe can tell me how good is to invest here (cash flow, appreciation, etc).

Also, any idea of where can I find some good multi unit properties to buy or recommended areas that have affordable prices and that can produce a good enough rent to have a positive cash flow?

Thank you for your help!