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Updated almost 2 years ago on . Most recent reply

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1
Posts
1
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James Heiberg
1
Votes |
1
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Another guy just starting out

James Heiberg
Posted

hey all, just getting my head out of the 9-5 mindset and looking to expand to real estate - I am initially very interested in cash flowing opportunities in Denver (or relatively nearby, up to Ft Colins Dows to Col Springs) - but am concerned they don't exist - would love feedback/advice/etc - also very open to cosmetic fixes with an acqiuisition but house hacking is not in the cards (at least not right now).....

Most Popular Reply

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92
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86
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David Mackin
  • Lender
  • Westminster, CO
86
Votes |
92
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David Mackin
  • Lender
  • Westminster, CO
Replied

@James Heiberg The mindset I am seeing in Denver right now is looking for a property that may not cashflow AS you live in it, but has the potential to cashflow once you move out and it's fully an investment property. That can happen for a few reasons: you can rent out the room you were living in for more rental income and can rehab some things while you live in it.

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