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Updated over 4 years ago on . Most recent reply

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Daniel Lao
  • New to Real Estate
  • San Diego, CA
5
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Looking for connections in Denver, Starting out in Real Estate

Daniel Lao
  • New to Real Estate
  • San Diego, CA
Posted

Hi Bigger Pockets!

I have been a long time lurker on these forums as well as enjoyed listening to the many BP podcasts. I have been encouraged by all the thoughtful and supportive people here on Bigger Pockets and I finally feel ready to start my Real Estate Journey.

I am currently nestled away in Silicon Valley as a Software Engineer but would like to explore the Denver Market because my Partner lives there. We have a decent chunk of capital and are primarily looking for Duplexes and up.

My hopes with this post is to connect with anyone who is willing to provide some insight or potential opportunities within the Denver Market and surrounding sub markets. More specifically, other Investors and brokers. But also anyone who wants to connect.

Thanks in Advance!

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Steve K.
  • Realtor
  • Boulder, CO
5,025
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Steve K.
  • Realtor
  • Boulder, CO
Replied

Welcome to the forums Daniel. Denver is a great market. It's a bit tricky to find immediate cashflow on smaller multifamily buildings, and duplexes specifically have a lot of competition from home buyers looking to owner-occupy one of the units, but with more doors it get's easier to achieve positive cash flow. I've been investing in 3-8 unit buildings here with success, employing a value add strategy, and recently began helping clients do the same. Let me know if I can answer any specific questions for you. 

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