Starting a Denver MSA Housing Portfolio

[Quinn Adkins]

I'm interested in starting to acquire a real estate housing portfolio in the Denver MSA. I'm currently a commercial real estate analyst so I'm familiar with real estate analysis, but not on the single family home or small multi-family level. I've read several books from Bigger Pockets including Rental Property Investing, BRRRR, and Bidding to Buy. Given my current cash situation and the high value of homes in the Denver MSA, I'm having trouble identifying which method would work best for me. If anyone could provide some discussion of the below questions, that would be a great help! Thanks!

Which method have you found the most success using in the Denver MSA?

Are the properties cash-flowing well or is much of the return from appreciation?

How did you acquire financing for your first properties (Institutional lender, hard money lender, etc.)?

[Steve K.]

Welcome to BP. The method I have found the most success with here has been small multifamily, BRRRR/buy and hold. Before that, I house hacked and fixed and flipped. My properties cash flow about $350/door and the overall returns equal about $350/day. For financing I use a local credit union as well as seller financing.