Wary First Time Investors

[Bryon Fugitt]

My wife and I are 60ish and have never invested in real estate (other than our primary homes). We'd like to get into it but are wary. I have done a few estimations via BP and I think because they were MLS listings, they weren't good evals (cashflow wise). We're from MI and spent the last 3 yrs renting in CO. We're at tail end of summer in MI. This month, we plan to return to Colorado maybe COS area. We'd need a primary residence and want to get into investing. Would like to do both at once (ie house hack) but not hung up on that idea. We're hung up on pulling the trigger without screwing up to the point of losing savings and throwing in the towel.