New member from northern Colorado

[Trevor Kropp]

Hello everyone,

I grew up in Fort Collins and am looking to start building rental portfolio or finding some flips but it's hard with the market as it is now. I am by no means an expert but have been working in real estate with my dad for years. Biggerpockets seems to have a great group of members willing to help so wanted to join and keep learning.

Thanks

Trevor

[James Orr]

Welcome Trevor!

> I grew up in Fort Collins and am looking to start building rental portfolio or finding some flips but it's hard with the market as it is now.

I'm in Fort Collins as well. While it is possible to find some opportunities to buy, fix up and resell in our local market. There are fewer of them then we've seen historically. Here's a chart showing the number of buy, fix up and resell transactions that happened in various Northern Colorado cities with at least a $30K spread in our local MLS (not profit, just difference between buy price and sold price).

We did a series of classes on these opportunities earlier this year in our Fort Collins investor club as well.

Some of the strategies that are working here are buying and then offer lease options and the Nomad model.

> I am by no means an expert but have been working in real estate with my dad for years. Biggerpockets seems to have a great group of members willing to help so wanted to join and keep learning.

Yes... there is a ton of great info available here. Hope to see you around Northern Colorado and on BP.