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Updated about 7 years ago on . Most recent reply
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New to CO Advice Requested
Hi future fellow Coloradans,
My wife and I are moving to Denver in the coming months and I want to take this opportunity to start my REI investing.
I am targeting properties in the $80k per door range. Do any of you have suggestions on areas to look at, or lenders, agents, PMs to connect with?
I appreciate any advice/responses!
-Andrew
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That is going to extremely difficult in the Denver metro area. You may be able to find some cheap condos around 100k per door, but anything else will be very tough. You will likely have to look at other markets for that type of price range. There are some other markets in Colorado (Fort Morgan/Brush, Pueblo, etc.) that may be able to give you that type of price range per door. I am not too familiar with any of those markets though and they are much, much different than the Denver market.
What type of investing are you looking to get involved with? Long term rentals, fix and flips, wholesales, multifamily buy and hold?