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Updated almost 4 years ago,
Relocating To Denver
Hello Denver BP community,
My fiancé and I recently found out her job will be relocating us from West Michigan (Kalamazoo / Grand Rapids) to Denver. My job has allowed me to transition into a partially remote role which will require frequent travel back to Grand Rapids. As far as my REI career goes, I've completed a handful of flips and have a small rental portfolio. I plan to liquidate one or two properties so we have some funds available to purchase/invest in Denver.
I write this post for a couple reasons:
1.) Knowing the market is exceedingly high right now, is there much of a wholesale market in Denver and surrounding cities? I'm not interested in wholesaling myself, rather connecting with current wholesalers to weed out retail buyers.
2.) I'd like some local input on areas to pursue and those to avoid. My fiancés office would be located in Greenwood Village and I'll be commuting to the airport quite frequently so we would like to focus on areas that are accessible to both. Even though we are currently in search of our primary residence, as an investor, I'm interested in purchasing a single family or multifamily property we can add value to.
We plan to take a trip to Denver over the coming weeks to do our own due diligence but any advice or direction before hand would be greatly appreciated!
Thank you all in advance.
Brian Fiorillo