Colorado Real Estate Investor

[Samuel Lowell]

Hello BiggerPockets Community!

My name is Samuel and last month I parted ways with corporate America after 9 years at the same employer, working as a General Manger for a car wash. Thus, I am now looking to devote my full attention toward Real Estate Investing. I am fairly new to the industry, and am excited to get things rolling. 

I currently own two properties. One is my primary residence, and the other one is a townhouse in Thornton that I bought in 2008. I have a tenant in that one currently, getting $1500 per month on a month-to-month lease.

I am looking to purchase properties in the north Denver area, above 84th up to 136th and from US 287 in Broomfield to Holly in Thornton (target area is Broomfield). Boulder, Longmont, Louisville, and Lafayette are also okay.

I am primarily looking for older homes that are in serious need of rehab. Nothing that is already remodeled. Also looking for motivated sellers, although I am fully aware of the sellers market that we are in. I am certainly interested in pre-foreclosures, foreclosures, bank owned properties, REOs, off-listing properties, and the like. 

I'm also looking to do buy-and-hold multi-family units. I passed on a deal to buy 3 condos in Boulder a couple of years ago and now I regret it. I think these deals are interesting, but may need to build up more capital before undertaking them as to avoid donating all of the potential profits to the lenders!

I would also consider the right partner if the situation makes sense for both of us. I bring a lot of things to the table, except for the experience. However, I firmly believe that the best teacher is experience and am not afraid to get out there and get to work! I recently completed a Masters program in Finance at CU Denver, so I am very numbers orientated. I also have my own truck and tools, have a ton of work experience at the car wash in project managing and working with sub-contractors, and have some saved capital. 

I have established a couple of relationships with hard money lenders and also some local real estate agents in the last month and am definitely looking to broaden my relationships with the investing community in Colorado. 

Reach out to me and let's make some money together!