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Updated over 10 years ago,
Based in San Anselmo, CA. Buying SFH in Denver.
I have three residential (single-family) investment properties in California and Oregon. I'm currently scouting for one or two properties in the Denver area (looking in Arvada, Westminster, Northglenn, Broomfield, and Thornton).
I'm not a full-time real estate guy, and I'm building my portfolio slowly. My approach: buy a single-family home in a middle-class area, hire a property manager so I don't have to stress, and hold it for the next 20 years. I'll use some-to-all of the cash flow to pay down the loan principle. It's about long-term wealth accumulation for me.
Anyone have a similar philosophy? Happy to connect and share notes!