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Updated over 9 years ago,
New Investor in Northern Colorado (Fort Collins)
Hello BP community,
Thank you for the opportunity to introduce myself and hopefully, make long lasting connections with many of you. I am a husband of 13 years, father of 4, and have been located in Fort Collins for the past 5 years. My family and I thoroughly enjoy everything Northern Colorado has to offer, especially the relationships we have developed in the FoCo area and the many outdoor adventures we are able to share with friends and family.
I am a mid-career finance professional with nearly 15 years experience in various areas of corporate finance for a few large, multi-national corporations. I have been fortunate to gain many valuable skills and experiences along the way as well as develop a diverse network across several industries.
I am not 100% new to the real estate industry although I would say I am entering the realm of personal, active investing for the first time. I spent 4 years during the boom (2002-2006) in the new home market of Atlanta working for a private builder focusing on single family and town home communities. Fast paced was an understatement. You all know the story. I was fortunate to acquire a great deal of experience and learnings during the period of time, but my wife and I chose to make a move back to the midwest and I pursued a career in Corporate Finance pre-bust in 2006.
Fast forward 13 years later and I've also learned a lot through several primary residence purchases in multiple markets. Fortunately, we came out break-even or with appreciation in all scenarios, but I'd be lying if I said that was 100% by design. It wasn't until a month ago when I looked at the 2 year market appreciation in Fort Collins and asked myself what I would do if I could leverage the equity we had built in our primary residence. Thoughts of moving back towards St. Louis to be closer to most of our family popped out on the table. I'll discuss this more in a separate post, but my first buy and hold deal might be from my parents and was the house I grew up in. After some hard discussions, we came to the conclusion that we'd like our cake (stay in Fort Collins) and eat it too (determine a way to take action in REI for our short and long-term benefit).
So here I am on BP, embarking on a deep dive in learning, networking locally, and hopefully with this community as well. As I learn, I'll be working through goals, strategies, etc. but for now I just wanted to say hey. I look forward to contributing to the success and encouragement of this community. As a result of many of the blogs and podcasts I'm taking action daily even in this learning and networking phase and I'm loving every minute of it.
Happy investing!
Eric