Newbie in Colorado

[Cody Kincaid]

Good Morning Everyone,

My name is Cody, and i am new to the BP and REI world. I found BP while my wife and I were doing some research on some of the gurus that were out there. Since finding BP we have been introduce to a wealth of knowledge both from this site and through the countless books that everyone has recommended. We are looking to buy our first fix and flip here in the next few months and are currently working on our business model on financing. We will be starting out doing this while we both keep working.

Our plan at the moment is to start flipping houses in one of the CO markets near us, and then use the flipping side to later on help in finding some rentals.  I have grown up around construction and have already helped family and friends with flips on their properties.  With that being said i have a lot to learn on the marketing and deal flow side to learn. 

I am currently in Northern CO and have found a couple of REIA meetings up here to start attending up here. I am not that far from Denver as well and would be more than happy to make the trip down that way if anyone can suggest some good meet ups in either place.

While I am introducing myself I also have a few questions that I would love to hear some suggestions on.  First, being in CO there are a lot of hot areas and markets, we are trying to determine what are farm area should be.  Would people recommend starting by looking in just one or two neighbor hoods in a certain city, or having a little bit larger farm area of a couple neighbor hoods in a few cities?  We are surrounded by three larger cities all with in 15 mins of us, and work and spend a lot of time in all three. 

My second questions, what is peoples opinions on using a wholesaler to find our first couple of deals?  Our reasoning behind possibly doing this, is we could concentrate our time on really developing our SOPs for the flip portion and get our feet wet.  As well as developing the marketing side for selling our properties. 

Thanks for everyone who takes the time to read this, and I very excited to hear everyones feed back.  Have a wonderful day.