All Forum Posts by: Walker Hinshaw

@Matthew Schroeder

 I live in the Clayton area and there are definitely signs of renovation going around your property including a small number of pop-tops. However, I think a pop-top or scrape and rebuild would be premature. I personally think the area will continue to get better over time so a scrape-rebuild may be a no-brainer in 5-10 years. The real estate agents I have talked to claim young professionals have been eating Clayton up because it is one of the only places semi close to downtown that still has a price point they can reasonably afford. I think one of the keys to further improvement will be bringing in some decent stores to replace the eye-sores that exist now and building a decent grocery store (which the neighborhood is currently working with the city to do, they have a lot picked and everything).

That said, @Bill S. has a great point: "right now it is hard to beat selling outright". Interest rates are low, the market is hot, and Denver investors are pouncing on anything under $250k. It might not be a bad decision to take the money and run instead of waiting around hoping for gentrification. Unfortunately I don't have any experience with additions so I can't advise you there but if you don't have experience building or aren't living in Denver at the moment, it may be best to let someone else do the dirty work and invest your winnings in something more in line with your core competencies.

@Jennifer W.

 Hi and welcome to Bigger Pockets! 

Some of the others in this thread have pointed out some great resources, please take advantage of their links and use them! My biggest piece of advice is to spend time interacting in the forums. You will learn a ton, build your credibility, and network with thousands of real estate investors around the world. 

Set up a keyword alerts for the area(s) you are looking to invest in and make an extra effort to interact with the "power players" in your region - they have tons of knowledge and can point you in the right direction for your market. And who knows, you may eventually start doing deals with them or find a mentor.

Good luck and hope to see you around the site!

Hi @John P. and welcome to Bigger Pockets! I suggest you start by adding a profile picture to your account. People tend to be more eager to help if they can see your face.

Next, if you haven't already, I suggest you start at the beginning by taking a look at the Start Here page: http://www.biggerpockets.com/starthere

Then make sure to take the wise advice of @Larry Fried and read through the BiggerPockets Ultimate Beginner's Guide

Once you are done with those, the BiggerPockets Podcast is another great way to build your real estate knowledge while doing every day activities

Finally, use the forums! If you want to get the most out of this site, spend time learning and networking in the forums. You'll be amazed at the number of people who will gladly help you out.

Hope to see you around the site!

@Lisa Henrich

 Welcome to Bigger Pockets! Sounds like you are doing all the right things. If I had any shortcuts I would share them with you but all I can say is put in your time networking on this site and at the meetups and you will see amazing results. 

If you haven't already, I suggest getting some $10 business cards that you can give to people that make it clear you invest in real estate. If you want to go big, you can even put extra info on the back of your cards to let people know more info about you and the types of properties you are looking to invest in.

Good luck and hope to see you around the site!

Hi @Scottie F. welcome to Bigger Pockets!

If you haven't already, I suggest you start at the beginning by taking a look at the Start Here page: http://www.biggerpockets.com/starthere

Then read through the BiggerPockets Ultimate Beginner's Guide

The BiggerPockets Podcast is another great way to build your real estate knowledge while doing every day activities

Finally, use the forums! If you want to get the most out of this site, spend time learning and networking in the forums. You'll be amazed at the number of people who will gladly help you out.

Hope to see you around the site!

Hi @Nicole Vasquez, I recommend you start by uploading a picture of yourself to your Bigger Pockets profile. People are more willing to help and interact with you if they can see your face. 

After you have done that, take a look at the Start Here page: http://www.biggerpockets.com/starthere

Then read through the BiggerPockets Ultimate Beginner's Guide. I recommend skimming through this even if you have some preliminary real estate knowledge because it can open up your eyes to possibilities you didn't realize existed.

The BiggerPockets Podcast is another great way to build your real estate knowledge while doing every day activities

Finally, use the forums! If you want to get the most out of this site, spend time learning and networking in the forums. You'll be amazed at the number of people who will gladly help you out.

Hope to see you around the site!

@Sahar Saedi Tehran, Hi and welcome to Bigger Pockets!

If you haven't already, take a look at the Start Here page: http://www.biggerpockets.com/starthere

Then read through the BiggerPockets Ultimate Beginner's Guide

The BiggerPockets Podcast is another great way to build your real estate knowledge while doing every day activities

Last but not least, use the forums! If you want to get the most out of this site, spend time learning and networking in the forums. You'll be amazed at the number of people who will gladly help you out.

Hope to see you around the site!

@Damian Hill welcome to Bigger Pockets! In addition to all the podcasts and articles, the forum is in an incredible tool for getting your questions answered and network. If you really want to get the most benefit out of this site, use the forums! Hope to see you around the site.

Definitely over $1000 saved and I have only done one deal and that deal was a direct result of finding Bigger Pockets. Definitely hope to make a lot more from the knowledge I have gained from BP in the future!

@Theo Hicks I had my pipes burst at my first property as well, also my own fault. Lucky for me they were in the crawl space and didn't cause any real damage! Congratulations on your first deal. Hope to see more success stories from you in the future. Good luck!