New To Investing and Bigger Pockets

[Travis Tinnes]

Hello Bigger Pockets Community!

I'm new to investing and new to the Bigger Pockets world! I currently live in the Denver Metro area and am looking to start my investing journey here in Colorado, but am also open to other opportunities. I am signed up to attend the Rookie Real Estate Bootcamp starting this Fall, and am looking forward to the knowledge and opportunity that the camp will bring. 

My focus right now is on Flips and Short Term Rentals, and am in it for the long game. I want to create something that I can pass along to my kids and create generational wealth. 

I am looking forward to connecting with you all and learning from and with you!

[Ben Einspahr]

@Travis Tinnes welcome to BP and congrats on that first post! I really like the last part of your comment at the very end wanting to create long term generational wealth. That was one of many reasons why I originally got into REI.

A combination of flipping and STRs can be a very successful strategy. Finding properties that need a little love, put some sweat equity into them to make it really shine, then rent it as a STR.
Side Note: there are only a select few cities in the Denver Metro Area that allow non-owner occupied STRs.

On the other hand, just flipping by it self is more of a job imo. You are only as good as your last flip. Vs rentals/ STRs can create passive income that will produce multiple streams of income.

One thing that I would recommend doing until that boot camp is get out there and network. Connect with others that are where you want to be in 3-5 years. Here is a link to all upcoming networking events in Denver

Best of luck!