Newbie saying "Hello", From Denver.

[Brodie Leggett]

Hello, Bigger Pockets.

Young couple in Denver, preparing for our first investment. (Come on Broncos!)

Christina qualified with a marketing degree in 2015 and has been making a living through advertising for small companies from home. I have an engineering degree and did 8 years’ in the offshore oil and gas construction industry. For the past two years, I have been a rotational engineer (2weeks on, 1 off) in mineral acquisitions, based out of Denver.

With good income streams and work rosters that provide a lot of free time, we are in a great position to flip, BRRR or hack. Hacking sounds the most attractive for ‘first timers' as I feel it may offer an easier landlord learning experience.

We are both very driven and can offer sweat-equity, finance, legwork and simply outstanding coffee shop chat.

While the Denver market seems very strong, indicators show no sign of stagnation, rates are historically low, we do have fears of buying at the markets peak without much room to appreciate.

Seeking an experienced hand in gauging deals, get recommendations on reputable agents, join in financial partnerships, or simply get in touch with guiding angels.

It is fantastic to see forum full or like-minded people, giving and taking with only the best intentions. I hope I can bring my share to the table and find a way out of this rat race.

Great to be here,

Brodie

[Bill S.]

@Brodie Leggett so you are worried about buying at the peak? So what is the downside of doing that? You wait 5 to 10 years until the market recovers. In the mean time you get tax deductions and principal pay down. If you don't buy and the market goes up you are further behind and closer to the peak. If you don't buy and the market goes down, you will be fearful that it will fall further and won't buy or maybe you do buy and get a better deal. How much better? Would you really be further ahead considering the buy advantages such as taxes and principal pay down? Just a few things to consider. BTW, the data says that we will have strong market (6%+ appreciation) for at least 6 or so months more and probably a year plus.  Even then if the market loosens and goes to "normal" appreciation of 3% buying is still a great idea. Unless you think you will have to sell in 2-5 years, I don't think there is any reason not to buy now.