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Updated over 9 years ago,
Hello from Colorado Springs
Hi All:
Excited to have found this community. I live in Monument (Colorado Springs) area and want to start looking at flips/rehabs and finding some less expensive rental units. Starting small and learning the business first...seems that is common advice from most. I want to make sure I understand what's required before using real dollars for deals.
I used to build some spec homes with my brother, so I understand construction, dealing with contractors, etc... but have never flipped a house before. So I feel comfortable around the real estate and building/remodeling game, but am learning the foreclosure market/process.
I did go witness a trustee sale last week and will try and go this week as well, actually walking through looking at a couple of properties and seeing what I might be willing to pay....maybe it will give me a feel for working through the numbers and seeing where the crowd actually values the property vs. myself.
Anyway...would like to hook up with anyone in the Springs area sometime that might be willing to talk shop.
Thanks!
Rowland Smith